Broadgate Pre-let

British Land Co PLC
13 February 2007

                     BROADGATE PRE-LET AGREEMENT CONFIRMED

The British Land Company PLC and international law firm Mayer, Brown, Rowe & Maw
LLP have agreed non-binding Heads of Terms for a pre-letting of 223,000 sq ft at
201 Bishopsgate, one of two new flagship developments at Broadgate currently
under construction and on track for completion in early 2008.

Paul Maher, London Senior Partner of Mayer, Brown, Rowe & Maw said: "201
Bishopsgate will provide an exceptional and efficient workplace environment for
us. We are an ambitious and fast growing firm and the new building reflects
that."

Stephen Hester, Chief Executive, British Land, said: "We are honoured that a
firm of the standing of Mayer Brown Rowe & Maw has chosen British Land and
Broadgate to deliver its new headquarters."

Notes to Editors:

   •201 Bishopsgate is, along with the adjoining Broadgate Tower, one of two
    new buildings that form the latest phase of Broadgate. Both are currently
    under construction with 201 scheduled for completion in February 2008 and
    the Broadgate Tower in May 2008.

   •201 Bishopsgate provides a total of around 408,000 sq ft. Mayer Brown
    Rowe & Maw is taking 223,000 sq ft, 54% of the building. The deal includes
    options over a further 61,500 sq ft.

   •Mayer, Brown, Rowe & Maw LLP is amongst the largest law practices in the
    world, with more than 1,500 lawyers operating in 14 major cities worldwide
    including London, Frankfurt, Paris, Chicago, New York, Washington D.C. and
    Hong Kong. In London the firm has approximately 100 partners and more than
    300 lawyers advising on a full range of commercial and financial legal
    issues. The principal focus of the London practice is around key industry
    sectors advised by fully integrated, international and cross-practice teams
    of lawyers.

13 February 2007

Media contacts:

Laura De Vere                                 tel: [phone]
The British Land Company PLC               mobile: [phone]

Broadgate Tower and 201 Bishopsgate images [e-mail]

Will Hulbert                                  tel: [phone]
Mayer, Brown, Rowe & Maw




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