Director/PDMR Shareholding

British Land Co PLC
15 September 2005


The British Land Company PLC announces that, in London, the following
transaction in the Company's ordinary 25p shares took place today:

Mr R E Bowden, a Director of the Company, exercised options under the Company's
1984 Share Option Scheme over 103,450 shares, at an option price of 394p per
share. Mr Bowden then sold these 103,450 shares at a price of 902.5p per share.


15th September 2005






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