Director/PDMR Shareholding

British Land Co PLC 16 July 2007 The Company announces that it received notification today from the Trustees of The British Land Share Ownership Plan (the 'Trust') that on 16th July 2007 the Trust released 229,942 ordinary 25p shares of the Company to participants in the Company's Fund Managers' Performance Plan (the 'Plan'), pursuant to an award made on 14th July 2006, which vested today in accordance with the Plan's rules The Trust is a discretionary Trust established for the benefit of employees, including Executive Directors and Persons Discharging Managerial Responsibilities of the Company, to facilitate the operation of its share incentive schemes. Executive Directors and Persons Discharging Managerial Responsibilities of the Company who are participants in these schemes are consequently considered to be interested in the shares held by the Trust, as discretionary beneficiaries. The Trust also notified the Company today, of the above shares released by the Trust, 56,976 were released to Andrew Jones, an Executive Director and 51,278 to Valentine Beresford, a Person Discharging Managerial Responsibilities. Following this vesting Andrew Jones sold 23,361 shares and Valentine Beresford sold 51,278 shares, both sales at an average price of 1,366.5673 pence per share The Company also received notification on 16th July 2007 that Tony Braine, a Person Discharging Managerial Responsibilities of the Company, sold 10,000 shares on 13th July 2007, at a price of 1,381 pence per share. 16th July 2007. This information is provided by RNS The company news service from the London Stock Exchange
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