Director shareholding CAPITAL & REGIONAL PLC (Incorporated in the United Kingdom) (UK company number 01399411) LSE share code: CAL JSE share code: CRP LEI: 21380097W74N9OYF5Z25 ISIN: GB0001741544 (“the Company”) DIRECTOR SHAREHOLDING Louis Norval The Company received notification on 2 January 2020 of the following trades connected to Louis Norval, a Non-Executive Director of the Company: PDI Investment Holdings Limited sold 3,420,739 ordinary shares of £0.01 each in the Company to Mstead Limited at £0.25 per share effective on 30 December 2019. Mstead Limited also acquired 816,141 shares at £0.24 per share on the open market on 30 December 2019. Following the transactions PDI Investment Holdings Limited holds 41,365,501 ordinary shares and Mstead holds 52,357,394 ordinary shares, representing 3.98% and 5.04% of the Company’s issued share capital respectively. Kiyoma Lakes Trust acquired 25,000 ordinary shares of £0.01 each in the Company. The shares were acquired at £0.24 per share on 30 December 2019. Rose Trust acquired 36,000 ordinary shares of £0.01 each in the Company. The shares were acquired at £0.24 per share on 30 December 2019. All transactions were completed on the London Stock Exchange. In total the beneficial interest of Louis Norval and his family members in the Company has increased as a result of the above transactions to 94,073,908 ordinary shares, representing 9.06% of the Company’s issued share capital. This notification is made in accordance with the requirements of the EU Market Abuse Regulation. 3 January 2020 JSE sponsor Java Capital Date: 03-01-2020 12:45:00 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.