Director Shareholding

31 December 2019

CAPITAL & REGIONAL PLC ("Capital & Regional" or "the Company")

UK company number 01399411

LSE share code: CAL

ISIN: GB0001741544

LEI: 21380097W74N9OYF5Z25

DIRECTOR SHAREHOLDING

Laura Whyte

The Company received notification on 30 December 2019 that Laura Whyte, a Non-Executive Director of the Company, had acquired 24,978 ordinary shares of 1 pence each in the Company on the London Stock Exchange. The shares were acquired at 25.7 pence per share on 30 December 2019 and increases Laura Whyte's total beneficial holding in the Company to 80,000 ordinary shares.

This notification is made in accordance with the requirements of the EU Market Abuse Regulation.

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For further information:

Capital & Regional plc 020 7932 8000

Lawrence Hutchings

Stuart Wetherly

About Capital & Regional plc

Capital & Regional is a UK focused specialist property REIT with a strong track record of delivering significant value enhancing retail and leisure asset management opportunities across its 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.