Transaction in Own Shares

14 February 2013

CAPITAL & REGIONAL PLC

Transaction in own shares

Capital & Regional announces that on 13 February 2013 it purchased, through Numis Securities, 156,310 of its ordinary shares for cancellation at a price of 28 pence per share.

Following the above purchase Capital & Regional plc's issued share capital consists of 349,913,796 ordinary shares with voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Capital & Regional plc under the FSA's Disclosure and Transparency Rules.

For further information:

Capital & Regional

Hugh Scott-Barrett, Chief Executive Tel: 020 7932 8000

Charles Staveley, Group Finance Director Tel: 020 7932 8000

Capital & Regional is a specialist property company with a track record of developing asset management opportunities in town centre shopping centres and out of town retail parks.

Capital & Regional founded The Mall Fund in conjunction with Aviva Investors. Capital & Regional acts as Property and Asset Manager for the Mall and holds 20.3% of the Fund.

Capital & Regional & AREA Property Partners each hold a 50% interest in a German retail property portfolio which is managed by Garigal Asset Management GmbH, in which Capital & Regional holds a 30% interest.

Capital & Regional has a number of other joint ventures and wholly-owned properties.

For further information see www.capreg.com