CPP Cppgroup Plc

RNS No 8099e
CAPITAL & REGIONAL PROPERTIES PLC
23rd July 1997

NOTIFICATION OF INTEREST UNDER SECTION 198 OF THE COMPANIES ACT 1989

The Company has received notification, on 23rd July, 1997 under Section 134 of
the Companies Act 1989 as amended by the Disclosure of Interests in Shares
(Amendment) Regulation 1993 of the following interests in ordinary shares of
10p each in Capital and Regional Properties plc:

Beneficial     Registered           No of 
Holder         Holder               Shares             % Shareholding         
                                                                          
PDFM Limited   Phildrew Nominees    10,929,076                 

               Other Nominees        3,768,734

               TOTAL                14,697,810            19.52%

PDFM Limited is a subsidiary of UBS Holding Limited which is also treated as
having an interest in the above shares.


END

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