Capital & Regional Regulatory News (CAL)

26 January 2016

Capital & Regional plc ("Capital & Regional" or "the Company")

Changes to Senior Independent Director and Board Committees

As previously announced Philip Newton will be stepping down as a non-executive director of the Company at the 2016 AGM. In advance of that the Board confirm that Tony Hales has been appointed to replace Philip as Senior Independent Director and that changes have been made to the Chairmanship of its various Committees as detailed below. All of these changes are effective immediately.

- Audit Committee - Ian Krieger has taken over from Tony Hales as Chairman.

- Remuneration Committee - Tony Hales has taken over from Philip Newton as Chairman.

- Responsible Business Committee - Laura Whyte has taken over from Philip Newton as Chairman.

In addition Ian Krieger and Laura Whyte have been appointed as members of the Nomination Committee and John Clare has stepped down as a member of the Audit and Remuneration Committees. Philip Newton will remain a member of all Committees until the 2016 AGM.

ENDS

For further information:

Notes to editors:

About Capital & Regional plc

Capital & Regional is a UK focused specialist property REIT with a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c. £1 billion portfolio of in-town dominant community 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 six Mall shopping centres in Blackburn, Camberley, Luton, Maidstone, Walthamstow and Wood Green. It also has a 20% joint venture interest in the Kingfisher Centre in Redditch and a 50% joint venture in the Buttermarket Centre, Ipswich. Capital & Regional manages these assets, which comprise over 900 retail units and attract c. 1.7 million shopping visits each week, through its in-house expert property and asset management platform.

For further information see www.capreg.com.