CAPITAL & COUNTIES PROPERTIES PLC: Holding(s) in Company

CAPITAL & COUNTIES PROPERTIES PLC (the "Company") 
NOTIFICATION OF MAJOR INTERESTS IN SHARES 
We have been advised that the total interests in the Ordinary shares of 25
pence each in the Company held by Simon Property Group, Inc. are now as shown
below: 


    

i) Full name of Persons subject to   Simon Property Group, Inc.        
the notification obligation                                          
                                                                     
                                                                     


                                                                 
ii)Full name of shares holders (if   Sovereign Real Estate Investments,
different from i)                    LLC                                


                                                                     
                                                                     


                                                                 
iii) Date of Transaction             23 October 2012                    
                                                                 
iv) Date issuer was notified         23 October 2012                    
                                                                 
v) Threshold that was crossed        Below 3%                           
                                                                 
vi) Situation previous to the        Number of shares        38,892,074
triggering transaction                                                


                                                                     
                                                                     
                                     Number voting rights    38,892,074


                                                                 
vii) Resulting situation after the   Number of voting rights Below 3%  
triggering transaction                                                
                                                                 
viii) Chain of controlled            Simon Property Group, L.P.        
undertakings through which the                                       
voting rights and / or the           The Retail Property Trust         
financial instruments are                                            
effectively held, if applicable:     Sovereign Real Estate Investments, 
                                 LLC                                
                                                                 
ix) Additional Information           Notification using the total       


                                     voting rights figure of           
                                     753,127,803 (notified via RIS by  
                                     Capital & Counties Properties PLC 
                                     on 28 September 2012)             


                                                                 
ix) Contact Name                     James M. Barkley, Esq.             


                                                                     
                                     General Counsel, Simon Property   
                                     Group, Inc.                       


                                                                 
x) Contact telephone number:         +1 (317) 263 7083                  


                                                                     
    
    

Sara Goldsbrough

Assistant Company Secretary

020 3214 9153
    24 October 2012



END

-0- Oct/24/2012 09:15 GMT