Directorate change CAPITAL & REGIONAL PLC (Incorporated in the United Kingdom) (UK company number 01399411) LSE share code: CAL JSE share code: CRP LEI: 21380097W74N9OYF5Z25 ISIN: GB0001741544 ("Capital & Regional" or "the Company") DIRECTORATE CHANGE Capital & Regional, the UK focused REIT with a portfolio of dominant in-town community shopping centres, announces that after two years of service Guillaume Poitrinal is stepping down from the Board as a non- executive director due to the demands of other business commitments. The change is effective immediately. Hugh Scott-Barrett, Chairman at Capital & Regional, said: "I would like to sincerely thank Guillaume for his commitment and contribution to the Company over the last two years during what has been an important period in its development, and we look forward to our continuing relationship with Guillaume as a significant shareholder." 31 October 2018 JSE sponsor Java Capital Notes to editors: About Capital & Regional plc Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of the local communities. It has a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c. £1 billion portfolio of in-town shopping centres. Capital & Regional is listed on the main market of the London Stock Exchange and has a secondary listing on the Johannesburg Stock Exchange. Capital & Regional owns seven shopping centres in Blackburn, Hemel Hempstead, Ilford, Luton, Maidstone, Walthamstow and Wood Green. It also has a 20% joint venture interest in the Kingfisher Centre in Redditch. Capital & Regional manages these assets through its in-house expert property and asset management platform. For further information see capreg.com/ Date: 31/10/2018 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.