Transactions in own shares Capital & Counties Properties PLC (Incorporated and registered in the United Kingdom and Wales with registration Number 07145041 and registered in South Africa as an external company with Registration Number 2010/003387/10) JSE code: CCO ISIN: GB00B62G9D36 19 March 2020 CAPITAL & COUNTIES PROPERTIES PLC (the “Company”) Transactions in own shares The Company announces that it has purchased the following number of its ordinary shares of 25 pence each from UBS AG London Branch, in accordance with the authority granted by shareholders at the Company's annual general meeting on 3 May 2019 and as part of its share repurchase programme of up to £100 million, announced on 26 February 2020. Date of purchase: 18/03/2020 Aggregate number of ordinary shares purchased: 35,000 Trading venue: London Stock Exchange Lowest price paid per share (p): 148.65 Highest price paid per share (p): 159.2 Volume weighted average price paid per share (p): 153.6345 Date of purchase: 18/03/2020 Aggregate number of ordinary shares purchased: 15,000 Trading venue: JSE Lowest price paid per share (ZAR): 30.41 Highest price paid per share (ZAR): 31.99 Volume weighted average price paid per share (ZAR): 31.1497 The Company intends to cancel the purchased shares. Following the above transaction, the Company holds no ordinary shares in treasury and has 848,349,163 ordinary shares in issue. This is the figure which should be used by shareholders as the denominator when determining whether they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a full breakdown of the individual trades made by UBS AG London Branch as part of the buyback programme is detailed below: Transaction details Shares purchased: Capital & Counties Properties PLC ISIN: GB00B62G9D36 LEI: 549300TTXXZ1SHUI0D54 Date of purchases: 18 March 2020 Intermediary UBS AG London Branch Number of shares Transaction price Time of transaction Market purchased (per share) 1201 3092.000 14:40:08 XJSE 310 3092.000 14:40:08 XJSE 1047 3079.000 14:29:33 XJSE 205 3079.000 14:29:33 XJSE 284 3041.000 13:45:53 XJSE 1010 3041.000 13:45:53 XJSE 1476 3085.000 13:16:20 XJSE 700 3113.000 12:49:18 XJSE 11 3113.000 12:49:18 XJSE 564 3113.000 12:49:18 XJSE 1391 3078.000 12:15:40 XJSE 458 3068.000 12:10:15 XJSE 1584 3115.000 11:43:46 XJSE 784 3133.000 10:39:44 XJSE 386 3133.000 10:39:44 XJSE 419 3133.000 10:39:44 XJSE 1537 3199.000 09:50:27 XJSE 1633 3199.000 08:42:06 XJSE 1531 148.650 15:42:16 LSE 1039 148.650 15:42:16 LSE 218 151.150 15:16:27 LSE 2818 151.150 15:16:27 LSE 8 151.450 14:51:49 LSE 2888 151.450 14:51:49 LSE 678 152.350 14:19:46 LSE 134 152.350 14:19:46 LSE 2254 152.350 14:19:46 LSE 3427 152.850 13:45:20 LSE 1588 154.600 13:05:03 LSE 2000 154.600 13:05:03 LSE 397 151.750 12:15:39 LSE 2764 151.750 12:10:00 LSE 39 154.350 11:30:13 LSE 1533 154.350 11:30:13 LSE 1727 154.350 11:30:13 LSE 3030 155.150 10:39:44 LSE 175 159.200 09:40:56 LSE 345 159.200 09:40:56 LSE 2878 159.200 09:40:56 LSE 2628 156.450 08:58:24 LSE 901 156.450 08:57:28 LSE Enquiries: Ruth Pavey Company Secretary Capital & Counties Properties PLC Tel: + 44 (0) 20 3214 9170 JSE Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 19-03-2020 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.