Holding(s) in Company

British Land Co PLC
28 February 2002



The British Land Company PLC announces that it received the following
notification on 28th February 2002 pursuant to sections 198-202 of the Companies
Act 1985:

That FMR Corp. (the parent company of Fidelity Management & Research Company)
and Fidelity International Limited (the parent company of Fidelity Investment
Services Limited and Fidelity Pension Management) are interested in 15, 756, 279
ordinary shares of 25p each of the Company, which represents 3.04% of the total
issued ordinary capital.

The company also received notice that Mr Edward C Johnson 3rd, the principal
shareholder of FRM Corp. and Fidelity International Limited, was also deemed to
be interested in those shares.

The registered holders of those shares are as follows:


Registered Holder                                           Number of Shares


Chase Nominees Limited                                         270,400

Chase Nominees Limited                                         3,922,278

BT Globenet Nominees Limited                                   28,000

HSBC                                                           54,600

Bank of New York, London                                       90,100

MSS Nominees Limited                                           8,538,117

Chase Nominees Limited                                         272,400

Chase Manhattan Bank, London                                   5,600

Northern Trust                                                 290,000

Bank of New York, London                                       466,600

Nortrust Nominees Limited                                      124,400

Morgan Stanley                                                 203,400

Deutsche Bank                                                  52,700

Citibank                                                       24,000


Interests in Ordinary Shares arising from interests in convertible bonds:


Chase Nominees Limited                                         818,449

MSS Nominees Limited                                           223,213

Chase Manhattan Bank, London                                   223,213

Chase Nominees Limited                                         148,809



Total = 15,756,279



                      This information is provided by RNS
            The company news service from the London Stock Exchange