CALA Capital & Regional Plc

RNS No 3555t
CALA PLC

                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

    CALA PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

    PRUDENTIAL CORPORATION PLC

3)  Please state whether notification indicates that it is in respect of holding
    of the Shareholder named in 2 above or in respect of a non-beneficial
    interest or in the case of an individual holder if it is a holding of that
    person's spouse or children under the age of 18

    NOT DISCLOSED

4)  Name of the registered holder(s) and, if more than one holder, the number of
    shares held by each of them.

    NO HOLDERS

5)  Number of shares/amount of stock acquired.

N/A

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

    7,405,500

8)  (15.62%) of issued Class

9)  Class of security

    ORDINARY SHARES OF 5P

10) Date of transaction

    NOT KNOWN

11) Date company informed

    4 JUNE 1999

12) Total holding following this notification

    NIL

13) Total percentage holding of issued class following this notification

    0%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

    MARLENE WESTON - 01224 408517

16) Name and signature of authorised company official responsible for making
    this notification

    Date of Notification...4 JUNE 1999..........


END

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