Holding(s) in Company

British Land Co PLC
24 July 2002



THE BRITISH LAND COMPANY PLC

HOLDING(S) IN COMPANY

24th July 2002


The Board of The British Land Company PLC announces that, in response to Notices
served under Section 212 of the Companies Act 1985, Laxey Partners Limited has
notified the Company that on 23rd July 2002, it had an interest in 4,845,139
ordinary shares of 25 p each of the Company, representing 0.93 per cent. of the
issued share capital. This follows the return since 16th July 2002 of 42,361,019
borrowed shares.



Contacts


The British Land Company PLC:
John Ritblat, Chairman                               tel: [phone]
John Weston Smith, Chief Operating Officer           tel: [phone]

Finsbury:
Faeth Birch                                          tel: [phone]







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