Director/PDMR Shareholding

British Land Co PLC
09 January 2006


The British Land Company PLC announces that on 9th January 2006, in London, Sir
Derek Higgs, Dr C Gibson-Smith and Mr D Michels, Directors of the Company, were
allotted the following number of ordinary shares of 25p each in the Company, at
a price of 1090 pence per share;

Director                          No. of shares allotted
Sir Derek Higgs                            138
Dr C Gibson-Smith                          873
Mr D Michels                               758

The shares allotted to Sir Derek Higgs were pursuant to his standing
instructions to receive shares as part satisfaction of his annual director's
fees. The shares allotted to Dr C Gibson-Smith and Mr D Michels were pursuant to
their standing instructions to receive shares as total satisfaction of their
annual directors' fees.


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