Director/PDMR Shareholding

RNS Number : 7921H

British Land Co PLC

02 December 2015

Long-Term Incentive Plan ("LTIP")

The British Land Company PLC (the "Company") announces that Tim Roberts, an Executive Director of the Company and Nigel Webb, a Person Discharging Managerial Responsibilities of the Company, exercised options on 1 December 2015, as outlined below, under the Company's LTIP.

	Date of Grant	Options Exercised	Option Price (pence)
Tim Roberts	05 December 2005	17,483	823.60
Nigel Webb	05 December 2005	9,469	823.60

Following the exercises, Tim Roberts sold the shares he had acquired at a price of 842.00 pence per share and Nigel Webb sold the shares he had acquired at a price of 842.5280 pence per share.

Share Sale

The Company also announces that on 01 December 2015, Tim Roberts sold 1,033 shares in the Company at a price of 844.2525 pence per share. Sarah Roberts, wife of Tim Roberts also sold 98,967 shares in the Company at a price of 844.2525 pence per share.

The transactions referred to above took place in London and the Company was notified on 01 December 2015.

This notification is made in accordance with the requirements of DTR 3.1.4 R.