Shaftesbury Capital Plc (formerly: Capital & Counties Properties Plc)

Notice of Dividend Amount • Aug 31, 2017

THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to what action you should take you should immediately consult your accountant, solicitor, bank manager, stockbroker or an appropriate independent financial adviser authorised under the Financial Services Markets Act 2000 or, if you are not in the United Kingdom, another appropriately authorised independent adviser.

This Mandate Form is not transferable.

IVC:

CAPITAL & COUNTIES PROPERTIES PLC SCRIP DIVIDEND SCHEME MANDATE FORM

"Circular" "Booklet"

If you wish to participate in the Scrip Dividend Scheme please sign and return this Mandate Form to Capita Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU.

Late Mandate Forms will not be accepted.

If you wish to continue to receive your dividends in cash or you hold your Ordinary Shares in uncertificated form (in CREST), you should NOT complete or return this Mandate Form. Mandate Forms received in respect of an uncertificated account will not be accepted and will be rejected.

To the Directors of Capital & Counties Properties PLC

• or

Holder 1 signature*
Holder 2 signature 2000 00000000000000000000000000000000
Holder 3 signature 2000000000000000000000000000000000000
Holder 4 signature 2000000000000000000000000000000000000
Daytime telephone number
Email address -----------------------------------
* If you hold your Copital & Counties Properties PIC Ordinary Shares jointly with others then you must arrange for all joint holders to sign this Mandate Earn. In the case of a corporation, this form

Capital & Counties Properties PLC. Registered in England No. 7145051 Registered office: 15 Grosvenor Street, London W1K 4QZ A member of the Capital & Counties Properties Group