Chief Executive

British Land Co PLC
12 November 2004



                                                              12th November 2004

                                 Stephen Hester

The Board of The British Land Company PLC is pleased to announce that
Mr. Stephen Hester, who was appointed Chief Executive of the Company in July, is
taking up his new appointment with effect from today, 12th November 2004. At
this time the roles of Chief Executive and Chairman are split, with
Mr. John Ritblat remaining as Chairman of the Board.



Contact

The British Land Company PLC:
John Weston Smith, Chief Operating Officer                     020 7467 2899

Finsbury:
Edward Orlebar                                                 020 7251 3801






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