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Response to press speculation

Capco notes recent press speculation and confirms that it is in discussions with The Mayor’s Office for Policing and Crime (“MOPAC”) in relation to its occupational requirements at the Empress State Building (“ESB”).

Options under consideration include a lease extension and the acquisition by MOPAC of the freehold interest in the building.

At this stage there is no certainty that any transaction will be agreed. Further announcements will be made in due course as appropriate.

-ENDS-

Enquiries

CAPITAL & COUNTIES PROPERTIES PLC:

Ian Hawksworth

Chief Executive

+44 (0)20 3214 9188 

Situl Jobanputra

Chief Financial Officer

+44 (0)20 3214 9183 

Sarah Corbett

Head of Investor Relations

+44 (0)20 3214 9165

Media enquiries:

UK: Tulchan

Susanna Voyle

+44 (0)20 7353 4200

SA: Instinctif

Frederic Cornet

+27 (0)11 447 3030 

Notes to Editors

About Capital & Counties Properties PLC (Capco):

Capital & Counties Properties PLC is one of the largest investment and development property companies that specialises in central London real estate and is a constituent of the FTSE-250 Index. Capco's landmark London estates at Covent Garden and Earls Court were valued at £3.5 billion as at 30 June 2017 (Group share). The company is listed on the London Stock Exchange and the Johannesburg Stock Exchange.

www.capitalandcounties.com

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