27 September 2023

CAPITAL & REGIONAL PLC ("Capital & Regional" or "the Company")

UK company number 01399411

LSE share code: CAL

ISIN: GB0001741544

LEI: 21380097W74N9OYF5Z25

ACQUISITION OF SHARES BY EMPLOYEE SHARE OWNERSHIP TRUST

Capital & Regional announces that the Capital & Regional plc Employee Share Ownership Trust (the "ESOT") acquired 750,000 ordinary shares of £0.10 each in the Company on the open market at a cost of £0.574 per share on 26 September 2023.

The shares are planned to be used to settle share awards that are due to vest over the coming months.  The ESOT is not intending to make any further share purchases at this stage.  Following the above purchase, the ESOT holds a total of 790,376 Ordinary Shares.

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For further information:

Capital & Regional plc                  020 7932 8000

Lawrence Hutchings

Stuart Wetherly

About Capital & Regional plc

Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of the local communities. It has a track record of delivering value enhancing retail and leisure asset management opportunities across a portfolio of tailored in-town community shopping centres.

Using its expert property and asset management platform Capital & Regional owns and manages shopping centres in Edinburgh, Hemel Hempstead, Ilford, Maidstone, Walthamstow and Wood Green.

Capital & Regional is listed on the main market of the London Stock Exchange (LSE) and has a secondary listing on the Johannesburg Stock Exchange (JSE).

For further information see www.capreg.com.