Holding(s) in Company

British Land Co PLC
14 January 2002

The British Land Company PLC announces that it received notification on 14
January 2002, pursuant to sections 198-202 of the Companies Act 1985, that
Barclays PLC, through its subsidiary Barclays Bank PLC, has a notifiable
interest in the Company of 3%.

This interest, together with a breakdown between registered holders, is as
follows:

Registered Holder                                                  Holding

Barclays Capital Nominees Limited                                  268,158
Bank of Ireland Nominees Limited                                   111,663
Chase Nominees Limited                                             173,246
Chase Nominees Limited                                             26,289
Chase Nominees Limited                                             590,903
Chase Nominees Limited                                             57,667
Chase Nominees Limited                                             68,364
Chase Nominees Limited                                             109,116
Chase Nominees Limited                                             120,000
Chase Nominees Limited                                             4,800,760
Chase Nominees Limited                                             1,186,151
Chase Nominees Limited                                             373,018
Chase Nominees Limited                                             2,872,650
DEM69                                                              4,676
Barclays Bank Trust Co Ltd as executor                             536
***Unknown***                                                      1,692
Chase Manhattan Bank London                                        2,901,263
Twenty Nine Gracechurch Street Nominees Limited a/c 5781D          120,593
Twenty Nine Gracechurch Street Nominees Limited a/c 5782A          1,335,599
HSBC Global Custody Nominees UK                                    1,552
***Unknown***                                                      355,104
***Unknown***                                                      8,435
***Unknown***                                                      16,900
***Unknown***                                                      8,989
***Unknown***                                                      11,114
***Unknown***                                                      9,020
***Unknown***                                                      3,440
Nutraco Nominees Limited                                           5,500

                                                             Total 15,560,398