Directors' Dealings

BRITISH LAND COMPANY PLC
18 August 1999

The British Land Company PLC announces that the following directors of the
Company were, on 17th August 1999, granted Ordinary Shares in this year's
allocation to employees under The British Land Company PLC Employee Share
Scheme, at a price of 522p per share:- 
 
J H Ritblat                          1,532
C Metliss                            1,532
J H Weston Smith                     1,532                                    
N S J Ritblat                        1,532                  
R E Bowden                           1,532
S Adam                               1,532