Fund Valuation

10 Jan 2005 07:00

Capital & Regional plc10 January 2005 10 January 2005 CAPITAL & REGIONAL PLC: VALUATION OF MALL AND JUNCTION FUNDS Capital & Regional plc, the co-investing property asset manager, today announcedthat the unit values of the Mall Limited Partnership and the Junction LimitedPartnership as at 31 December 2004 were as follows: Valuation of Unit value at Unit value at Underlying Growth in Units owned C&R properties 31 December 31 December valuation unit value by C&R percentage 2004 2003 change % (geared) of fund Mall Fund £2,098,750,000 £1.7604 £1.4290 12.0% 23.2% 170,000,000 27.9%Junction £1,010,096,500 £1.8661 £1.3674 18.6% 36.5% 85,000,000 27.3%Fund 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 thetwelve months. The growth in unit value reflects growth in the capital value of the fund overthe twelve months. In addition investors benefit from quarterly distributionsof net income. - 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