Director/PDMR Shareholding

British Land Co PLC
12 January 2007

The British Land Company PLC announces that on 10th January 2007, in London, Sir
David Michels, Dr C Gibson-Smith and Lord Turnbull, Directors of the Company,
were allotted the following number of shares of 25p each in the Company, at a
price of 1652 pence per share;

Sir David Michels                  590
Dr C Gibson-Smith                  644
Lord Turnbull                      151

The shares allotted to Lord Turnbull were pursuant to his standing instructions
to receive shares as part satisfaction of his annual director's fee. The shares
allotted to Dr C Gibson-Smith and Sir David Michels were pursuant to their
standing instructions to receive shares as total satisfaction of their annual
directors' fees.

12th January 2007







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