RNS No 1481n
CAPITAL & REGIONAL PROPERTIES PLC
26th August 1998



NOTIFICATION OF INTEREST UNDER SECTION 198 OF THE COMPANIES ACT 1989

The Company has received notification, on 26th August 1998, 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
               Other Nominees       18,755,202           19.08%


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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