Director/PDMR Shareholding

British Land Co PLC
22 December 2005





Grant of Options under The British Land Company PLC Save as you Earn Share
Option Scheme.

The British Land Company PLC announces the following grants, on the 22nd
December 2005, to the following Persons Discharging Managerial Responsibilities
of the Company, of options over Ordinary Shares of 25 p each of the Company
under its Save as you Earn Share Option Scheme. All options are granted at an
exercise price of 804 p per share.

Person Discharing Managerial            Number of        Exercise period
Responsibilities                        shares

P Clarke                                1,162           01.03.09 - 31.08.09
A Jones                                 1,162           01.03.09 - 31.08.09

22nd December 2005.





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