Holding in Company

British Land Co PLC
14 March 2001



The British Land Company PLC announces that it received notification on 13th
March 2001, pursuant to sections 189-202 of the Companies Act 1985, that
Schroders plc has an aggregate interest of 55,159,823 ordinary shares in the
Company, representing 10.645% of the issued share capital of the Company.

Included in this holding are 52,606,300 shares held in portfolios managed by
Schroder Investment Management Limited registered as follows:

Registered Holders:                                    Number of shares held:
Schroder Nominees Limited                                         20,706,469
Chase Nominees Limited                                             8,659,649
Banque International, Luxembourg                                     125,794
Bank of England Nominees Ltd                                           2,700
Bank of Iceland                                                       12,000
ABN Amro Bank, NV                                                    203,000
Bath Street Nominees Limited A/C: 50016/1                              9,800
BHF Bank Bockenheimer                                                 30,000
BT Globenet Nominees Limited a/c:  6B                              1,533,300
Chase Nominees Limited a/c: F02391                                 1,222,260
Chase Nominees Limited                                             4,182,438
Chase Manhattan Bank                                                 777,561
HSBC Bank International a/c: 10096301                                135,000
Bank Nationale de Paris                                               15,000
Morgan Nominees Limited 'A' a/c                                        8,766
Morgan Nominees Limited 'B' a/c                                      259,279
MSS Nominees a/c:  809955                                            176,000
MSS Nominees Limited a/c: 831286                                   1,015,469
Channel Nominees Ltd                                                   6,349
MSS Nominees Ltd A/C 766653                                          332,000
MSS Nominees Limited a/c: 767412                                      59,000
MSS Nominees Limited a/c: 846435                                     110,716
MSS Nominees Limited a/c: 809803                                     222,966
MSS Nominees Ltd  a/c:  756593                                       139,271
MSS Nominees Ltd  a/c:  809797                                       191,524
Nutraco Nominees Limited                                             280,000
Nortrust Nominees Limited a/c:  SRC13                                 40,379
Nortrust Nominees Limited                                          3,475,379
RBSTB Nominees Limited a/c : ECC                                     263,000
RBSTB Nominees Ltd a/c: AAUKPS                                        94,000
Schroder Executor & Trustee Co. Limited                              227,085
RBSTB Nominees Limited                                               594,800
Morgan Nominees Ltd A/C GRL                                          155,000
RBS Trust Bank Nominees Ltd a/c: SUNPEN                                4,500
RBSTB Nominees Limited a/c: ESPSBEB                                  672,771
Pictet & Cie                                                         225,000
Nutraco Nominees Limited a/c : GWPPMPS                               125,000
Nutraco Nominees Limited a/c : GWPPCIF                               438,900
State Street Nominees Limited                                        892,955
State Street Nominees Limited a/c: 5H57                              500,000
State Street Nominees Limited a/c: JD19                              800,000
State Street Nominees Limited a/c: 4L9Q                              210,000
British Coal Superannuation Scheme (client) Nominees 
Ltd a/c: P                                                         1,278,000
Mineworkers Pension Scheme (client) Nominees Ltd a/c: R              578,000
MSS Nominees Limited A/C: 823666                                     595,000
MSS Nominees Limited A/C: 823654                                     955,000
Held by Schroders Offices Abroad: Hong Kong                           65,220
       
       

In addition Schroder Hermes manages 709,238 shares, Schroder Investment
Management North America Limited manages 775,099 shares and Schroder
Investment Management North America Inc manages 1,069,186.