Holding(s) in Company

British Land Co PLC
26 July 2002

The British Land Company PLC announces that it received the following
notification on 25th July 2002 pursuant to sections 198-202 of the Companies Act
1985:



That FMR Corp. (the parent holding company of Fidelity Management & Research
Company and Fidelity Management Trust Company) and Fidelity International
Limited (the parent holding company for various direct and indirect subsidiaries
including Fidelity Investment Services Limited and Fidelity Pension Management)
are interested in 16,987,256 ordinary shares of 25p each, representing 3.27% of
the total issued ordinary share capital of the Company.



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



HSBC                                                  75,000
                                                       1,300

BT Globenet Nominees Limited                          33,600

HSBC                                                  67,100

Bank of New York, London                             111,900

MSS Nominees Limited                               9,092,900

Chase Nominees Limited                               226,291

Chase Manhattan Bank, London                           7,130

Northern Trust                                       353,700

Bank of New York, London                             567,900

Nortrust Nominees Limited                            160,300

Morgan Stanley                                       249,200

Deutsche Bank                                         71,200

Citibank                                              29,500

State Street Nominees Limited                        193,300

Bank of New York London                              167,631

JP Morgan                                            352,426

Chase Nominees Limited                             3,596,878




Interests in Ordinary Shares arising from Interests in convertible bonds:



Chase Nominees Limited                               700,000

MSS Nominees Limited                                 230,000

Chase Manhattan Bank, London                         700,000



Total = 16,987,256




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