Fund Valuation

11 Jan 2005 07:00

Capital & Regional plc11 January 2005 11 January 2005 CAPITAL & REGIONAL PLC: THE X-LEISURE FUND UNIT VALUES Capital & Regional plc, the co-investing property asset manager, today announcedthat the Unit Value of the X-Leisure Fund as at 31 December 2004 was as follows: Valuation of Unit value at Pro forma Underlying Growth in Units owned C&R properties 31 December unit value at valuation unit value by C&R percentage 2004 31 December change % (geared) of fund 2003 The X-Leisure Fund £597,536,123 £1.13328 £1.00789 4.6% 12.4% 19,611,856 10.8% Notes: The underlying valuation change shows the increase in the value of the portfolioas a percentage of opening value adjusted for additions and disposals, over theyear. The growth in unit value reflects growth in the capital value of the fund overthe year. In addition investors benefit from quarterly distributions of netincome. - ENDS - For further information: Capital & Regional:Martin Barber, Chief Executive Tel. 020 7932 8101William Sunnucks, Group Finance Director Tel. 020 7932 8125 gcg hudson sandlerMichael Sandler / James Benjamin Tel: 020 7796 4133 This information is provided by RNS The company news service from the London Stock Exchange