Capital&RegionalProp - Hldg by B.A.T. Industries

RNS No 3125k
CAPITAL AND REGIONAL PROPERTIES PLC
14th July 1998


NOTIFICATION OF INTEREST UNDER SECTION 198 OF THE COMPANIES ACT 1989

The Company has today received notification, 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 Owner      Registered Holder     No of Shares       % Shareholding

BAT Industries        Littledown Nominees       108,800          
                      Littledown Nominees     1,580,800           
                      Littledown Nominees       455,000
                      Littledown Nominees        76,000
                      Littledown Nominees       258,000
                      Littledown Nominees       695,314 
                      TOTAL                   3,173,914         2.87%

Note: Littledown Nominees Limited is a nominee for the B.A.T. Group
subsidiaries: Allied Dunbar Assurance plc, Allied Dunbar Staff Pension Plan
Trustees Ltd; Eagle Star Insurance Company Limited, Eagle Star Life Assurance
Company Ltd, Eagle Star Pension Trustee Ltd; Eagle Star Reinsurance Company
Ltd; 
Sceptre Trust Limited; Home and Overseas Insurance Company Limited;
Threadneedle Pension Fund Managers Ltd; BAT Pensions Trustee Ltd; and Chase
Manhattan Trustees Ltd, the Trustee for Eagle Star Unit Managers Ltd and the
Depository to Threadneedle Investment Funds ICVC.  

This notification was made on behalf of:

Allied Dunbar Assurance plc

Home and Overseas Insurance Company Ltd, Eagle Star Insurance Company Ltd;
Eagle Star Life Assurance Company Limited, Eagle Star Holdings PLC; 

Threadneedle Investment Managers Limited and Threadneedle Pension Fund
Managers Ltd and Threadneedle Asset Management Limited;

British American Financial Services (UK and International) Limited and BAT
Industries plc, the immediate and ultimate holding company of the
aforementioned companies.



END

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