Additional Listing

British Land Co PLC
22 October 2002

22 October 2002


                  The British Land Company PLC("the Company")

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Application has been made to the Financial Services Authority and the London
Stock Exchange Plc for a total of 902,747 Ordinary shares of 25p each ("shares")
to be admitted to the Official List.

It is expected that admission will be granted on 24 October 2002 and trading
will commence on 25 October 2002

Of these shares 2,747 were issued by way of Non-executives' quarterly
remuneration (shares in lieu of cash). These shares rank pari passu with the
existing ordinary shares.

The balance is being reserved under a block listing and will be issued pursuant
to the following schemes:

                              Schemes                                                Shares

Non-executives' quarterly remuneration (shares in lieu of cash)                     900,000

When issued these shares will rank pari passu with the existing Ordinary shares.


                      This information is provided by RNS
            The company news service from the London Stock Exchange