PRICING OF SECONDARY OFFERING OF 4.06 MILLION SHARES IN EQUITY ONE, INC.

Further to its announcement of this morning, Capital Shopping Centres Group PLC (CSC) now announces the pricing of the sale by one of its subsidiaries of 4,060,606 shares of the common stock of Equity One, Inc. by public secondary offering. Gross proceeds amount to approximately $76.9 million before deducting offering expenses. CSC is not selling, and the underwriter is not offering, approximately 11.4 million shares of Equity One common stock underlying CSC’s interests in Equity One’s CapCo joint venture.

The last reported sale price of Equity One common stock as reported on the New York Stock Exchange on 5 March 2012 was $19.33 per share. Please see attached press release issued by Equity One for further detail.

ENQUIRIES:

Capital Shopping Centres Group PLC

Susan Marsden, Company Secretary

Press

UK: Michael Sandler/Wendy Baker, Hudson Sandler

SA: Morné Reinders, College Hill