Capital & Regional Regulatory News (CAL)

11 Jul 2007 10:04

Capital & Regional plc11 July 2007 11 July 2007 CAPITAL & REGIONAL PLC: VALUATION OF MALL, JUNCTION AND X-LEISURE FUNDS Capital & Regional plc, the co-investing property asset manager, today announcedthat the unit values of the Mall Limited Partnership, the Junction LimitedPartnership and the X-Leisure Limited Partnership as at 30 June 2007 were asfollows: Valuation of Unit value at Unit value at Underlying Growth in Units owned C&R properties 30 June 31 December 2006 valuation unit value by C&R percentage change % (geared) of fund 2007Mall Fund £3,194,336,888 £2.4875 £2.4883 0.7% 0.0% 157,742,057 24.2%Junction £1,563,905,518 £2.6956 £2.8481 (2.1)% (5.3)% 85,000,000 27.3%FundX-Leisure £940,600,000 £1.8314 £1.7586 3.1% 4.1% 51,949,578 19.4%Fund Notes: The underlying valuation change shows the increase in the value of the portfolioas a percentage of opening value adjusted for additions and disposals, over thesix months. The growth in unit value reflects growth in the capital value of the fund overthe six months. In addition investors benefit from quarterly distributions ofnet income and periodic capital distributions. Capital distributions to fund unit holders reduce the unit price. In the yearMall unit holders have received capital distributions of £0.04 per unit,Junction unit holders have received £0.03 per unit and X-Leisure unit holdershave received £0.005 per unit. - ENDS - For further information: Capital & Regional:Martin Barber, Chief Executive Tel. 020 7932 8101William Sunnucks, Group Finance Director Tel. 020 7932 8125 MaitlandMartin Leeburn Tel: 020 7379 5151Emma Burdett Tel. 020 7379 5151 This information is provided by RNS The company news service from the London Stock Exchange