TR-1: Standard form for notification of major holdings 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”) TR-1: STANDARD FORM FOR NOTIFICATION OF MAJOR HOLDINGS 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: CAPITAL & REGIONAL PLC 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) Non-UK issuer 2. Reason for the notification (please mark the appropriate box or boxes with an “X”) An acquisition or disposal of voting rights An acquisition or disposal of financial instruments X An event changing the breakdown of voting rights Other (please specify): 3. Details of person subject to the notification obligation Name Bank of Montreal City and country of registered office (if applicable) Montreal, Canada 4. Full name of shareholder(s) (if different from 3.) Name City and country of registered office (if applicable) 5. Date on which the threshold was crossed or reached: 5th September 2019 6. Date on which issuer notified (DD/MM/YYYY): 9th September 2019 7. Total positions of person(s) subject to the notification obligation % of voting rights % of voting rights Total of both in % Total number of attached to shares through financial (8.A + 8.B) voting rights of (total of 8. A) instruments issuer (total of 8.B 1 + 8.B 2) Resulting situation on the date on which threshold Below 5% Below 5% Below 5% 726,389,117 was crossed or reached Position of previ- ous notification (if 2.81 2.19 5.00 applicable) 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached A: Voting rights attached to shares Class/type of Number of voting rights % of voting rights shares Direct Indirect Direct Indirect ISIN code (if possible) (Art 9 of Directive (Art 10 of (Art 9 of Directive (Art 10 of 2004/109/EC) Directive 2004/109/EC) Directive (DTR5.1) 2004/109/EC) (DTR5.1) 2004/109/EC) (DTR5.2.1) (DTR5.2.1) GB0001741544 - Below 5% - Below 5% SUBTOTAL 8. A Below 5% Below 5% B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) Type of financial instru- Expiration Exercise/ Number of voting % of voting ment date Conversion Period rights that may be rights acquired if the instrument is exercised/converted. SUBTOTAL 8. B 1 B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) Exercise/ Physical or Number of Type of financial in- Expiration % of voting Conversion cash voting strument date rights Period settlement rights CFD - - - Below 5% Below 5% SUBTOTAL Below 5% Below 5% 8.B.2 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”) Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or x legal entity (please add additional rows as necessary) % of voting rights through financial % of voting rights instruments if it Total of both if it if it equals or is equals or is higher equals or is higher higher than the than the notifiable than the notifiable Name notifiable threshold threshold threshold Bank of Montreal - - - BMO Global Asset Management (Europe) Limited - - - BMO Asset Management (Holdings) plc - - - BMO AM Group (Holdings) Limited - - - BMO AM Group (Management) Limited - - - BMO AM Holdings Limited - - - BMO Asset Management Limited - - - Bank of Montreal - - - BMO Global Asset Management (Europe) Limited - - - BMO Asset Management (Holdings) plc - - - BMO AM Capital (Group) Limited - - - BMO AM Capital (Holdings) Limited - - - BMO AM Capital (UK) Limited - - - Thames River Capital LLP - - - Bank of Montreal - - - BMO Global Asset Management (Europe) Limited - - - BMO Asset Management (Holdings) plc - - - BMO AM Treasury Limited - - - WAM Holdings Limited - - - BMO Fund Management Limited - - - 10. In case of proxy voting, please identify: Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held 11. Additional information Effective from 31 October 2018 below entities changed their names. F&C Asset Management plc changed name to BMO Asset Management (Holdings) plc. F&C Group (Holdings) Limited changed name to BMO AM Group (Holdings) Limited F&C Group Management Limited changed name to BMO AM Group (Management) Limited F&C Holdings Limited changed name to BMO AM Holdings Limited F&C Management Limited changed name to BMO Asset Management Limited Thames River Capital Group Limited changed name to BMO AM Capital (Group) Limited Thames River Capital Holdings Limited changed name to BMO AM Capital (Holdings) Limited Thames River Capital (UK) Limited changed name to BMO AM Capital (UK) Limited F&C Treasury Limited changed name to BMO AM Treasury Limited F&C Fund Management Limited changed name to BMO Fund Management Limited This name change represents the full integration of the Company into the BMO Financial Group. Whilst our name is changing, our legal status, office address and contact details will remain the same. The Company’s business remains fundamentally unaffected by this change and all contracts with existing cus- tomers will remain unaltered, with corresponding obligations and rights assumed under the new name. The change is reflected in the chain of control. Place of completion London Date of completion 9th September 2019 10 September 2019 JSE sponsor Java Capital Notes to editors: About Capital & Regional Capital & Regional is a UK focused specialist property REIT with a strong track record of delivering signifi- cant value enhancing retail and leisure asset management opportunities across its c. £0.9 billion portfolio of in-town, dominant community shopping centres. Capital & Regional owns seven shopping centres in Blackburn, Hemel Hempstead, Ilford, Luton, Maidstone, Walthamstow and Wood Green. Capital & Regional manages these assets through its in-house expert property and asset management platform. For further information see www.capreg.com Date: 10/09/2019 04:30:00 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.