Holding(s) in Company

British Land Co PLC
23 December 2004

The British Land Company PLC announces that it received notification from Lloyds
TSB Bank Plc, on 22nd December 2004, pursuant to Part VI of the Companies Act
1985 ( as amended by the Companies Act 1989 ), that Lloyds TSB Bank Plc has a
notifiable interest in 19,020,176 Ordinary Shares of 25p of the Company,
comprising 3.67 % of the total issued share capital of the Company.

23rd December 2004.




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