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 23 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: 20/03/2020 Aggregate number of ordinary shares purchased: 35,000 Trading venue: London Stock Exchange Lowest price paid per share (p): 138.65 Highest price paid per share (p): 143.65 Volume weighted average price paid per share (p): 141.8046 Date of purchase: 20/03/2020 Aggregate number of ordinary shares purchased: 15,000 Trading venue: JSE Lowest price paid per share (ZAR): 28.6 Highest price paid per share (ZAR): 29.47 Volume weighted average price paid per share (ZAR): 29.0788 The Company intends to cancel the purchased shares. Following the above transaction, the Company holds no ordinary shares in treasury and has 848,239,163 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: 20 March 2020 Intermediary UBS AG London Branch Number of shares Transaction price Time of transaction Market purchased (per share) 856 2894.000 14:47:31 XJSE 93 2893.000 14:47:31 XJSE 1498 2870.000 14:30:33 XJSE 1427 2860.000 14:04:16 XJSE 4 2860.000 14:04:15 XJSE 1704 2896.000 13:38:46 XJSE 750 2924.000 12:58:47 XJSE 778 2924.000 12:58:47 XJSE 493 2913.000 12:26:15 XJSE 1000 2913.000 12:26:15 XJSE 799 2930.000 11:51:18 XJSE 391 2930.000 11:51:18 XJSE 96 2930.000 11:51:18 XJSE 333 2930.000 11:51:18 XJSE 1685 2932.000 10:45:28 XJSE 1510 2900.000 09:59:44 XJSE 1583 2947.000 09:38:25 XJSE 2048 140.350 16:03:02 LSE 3388 140.750 15:42:51 LSE 1066 141.650 15:13:38 LSE 2388 141.650 15:13:38 LSE 2901 140.400 14:48:33 LSE 3081 138.650 14:10:12 LSE 3341 141.650 13:36:58 LSE 655 141.150 13:31:02 LSE 2877 141.600 12:47:44 LSE 3537 143.650 11:53:51 LSE 1366 143.650 10:50:34 LSE 1472 143.650 10:50:34 LSE 232 143.650 10:50:34 LSE 3144 143.500 10:15:40 LSE 692 143.200 09:58:06 LSE 2436 143.200 09:58:06 LSE 376 143.200 09:58:06 LSE Enquiries: Leigh McCaveny Acting Company Secretary Capital & Counties Properties PLC Tel: + 44 (0) 20 3214 9170 JSE Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 23-03-2020 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.