Executive Director share dealings Capital & Counties Properties PLC (Incorporated and registered in the United Kingdom and Wales with registration Number 07145041 and registered in South Africa as an external company with Registration Number 2010/003387/10) ISIN: GB00B62G9D36 JSE code: CCO CAPITAL & COUNTIES PROPERTIES PLC (the “Company”) Executive Director share dealings On 21 November 2019, Ian Hawksworth, Chief Executive of the Company, acquired a total of 215,673 shares on exercise of nil cost options awarded in respect of deferred annual bonuses. The shares were then sold at a price of £2.5186 per share. Ian Hawksworth’s interest in shares in the Company remains unchanged at 820,604 shares, which represents 0.096% of the issued share capital. Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them 1 Details of the person discharging managerial responsibilities/person closely associated a) Name: Ian Hawksworth 2 Reason for the notification a) Position/status: Chief Executive b) Initial notification Initial notification /Amendment: 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Capital & Counties Properties PLC b) LEI 549300TTXXZ1SHUI0D54 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the Ordinary shares of 25p each financial instrument, type of instrument GB00B62G9D36 Identification code b) Nature of the transaction Exercise of 215,673 nil cost share options awarded under the Company’s former Matching Share Plan in 2015 and 2016. c) Currency GBP d) Price(s) and volume(s) Price(s) Volume(s) nil 215,673 e) Aggregated information - Aggregated volume N/A - Price f) Date of the transaction 2019-11-21 g) Place of the transaction London Stock Exchange (XLON) Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them 1 Details of the person discharging managerial responsibilities/person closely associated a) Name: Ian Hawksworth 2 Reason for the notification a) Position/status: Chief Executive b) Initial notification Initial notification /Amendment: 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Capital & Counties Properties PLC b) LEI 549300TTXXZ1SHUI0D54 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the Ordinary shares of 25p each financial instrument, type of instrument GB00B62G9D36 Identification code b) Nature of the transaction Sale of 215,673 shares following the exercise of share options awarded in 2015 and 2016 under the Company’s former Matching Share Plan. c) Currency GBP d) Price(s) and volume(s) Price(s) Volume(s) £2.5186 215,673 e) Aggregated information N/A - Aggregated volume - Price f) Date of the transaction 2019-11-21 g) Place of the transaction London Stock Exchange (XLON) This announcement is made in accordance with the requirements of the EU Market Abuse Regulation (“MAR”) and the Company confirms that the PDMR's notification obligations under MAR have also been satisfied. Name of officer of issuer responsible for making notification: Ruth Pavey Date of Notification: 22 November 2019 Ruth Pavey Company Secretary 020 3214 9170 JSE Sponsor Merrill Lynch South Africa (Pty) Limited 22 November 2019 Date: 22/11/2019 04:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.