CPP Cppgroup Plc

RNS No 4760q
CAPITAL AND REGIONAL PROPERTIES PLC
24 August 1999


NOTIFICATION OF INTEREST DISCLOSURE PURSUANT TO SECTION
198 OF THE COMPANIES ACT 1985

On  24th August 1999, the Company received notification that Phillips & Drew
Fund Management Limited and Phillips & Drew Life Limited, both subsidiaries of
Phillips & Drew Holding Limited, have an interest in 16,681,070 ordinary 10p
shares of the Company. This represents 16.97% of the issued share capital of
the Company.

END

HOLPBUCGRBGBGQC

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