Holding(s) in Company

British Land Co PLC
13 February 2007



The British Land Company PLC announces that on 12 February 2007 it received the
major shareholder notification set out below:



1. Identity of the issuer or the underlying       
issuer of existing shares to which voting            
rights are attached(1):

The British Land Company PLC

-------------------------------
2. Reason for the notification (please tick the appropriate box or    n/a see
boxes):                                                               additional
--------------------------------------------                          information
                                                                      ---------
An acquisition or disposal of voting rights                                
--------------------------------------------                          ---------
An acquisition or disposal of financial instruments which may result       
in the acquisition of shares already issued to which voting rights    ---------
are attached
--------------------------------------------
An event changing the breakdown of voting rights                          
--------------------------------------------                          ---------

Additional Information:  RESTATEMENT OF HISTORIC INTEREST IN COMPLIANCE WITH THE
FSA'S NEW DISCLOSURE AND TRANSPARENCY RULES


3. Full name of person(s) subject to the         Legal & General Group Plc (L&G)
notification obligation(1):                          ----------------------
-------------------------------
4. Full name of shareholder(s) (if different   Legal & General Assurance (Pensions
from 3.)(1):                                        Management) Limited (PMC)
-------------------------------                      ----------------------
5. Date of the transaction and date on which                   n/a
the threshold is crossed or reached(1):              ----------------------
-------------------------------
6. Date on which issuer notified:                           12/02/07
-------------------------------                      ----------------------
7. Threshold(s) that is/are crossed or                   Above 3% (L&G)
reached:                                             ----------------------
-------------------------------


8. Notified details:

A: Voting rights attached to shares
Class/type  Situation                 Resulting situation after the triggering transaction
of shares   previous to the (ii)
            Triggering
if possible transaction (i)
using the   Number           Number   Number of    Number of voting     % of voting rights
ISIN CODE   of               of       shares       rights ix
            Shares           Voting
                             Rights   Direct       Direct x   Indirect  Direct     Indirect
                             viii                             xi

Ord GBP     16,165,675       3.27%    18,468,981   18,468,981           3.54%
0.25            
            (under S-198 on
            04/02/2003)


B: Financial Instruments
Resulting situation after the triggering transaction xii
Type of         Expiration  Exercise/          Number of voting    % of voting
financial       date xiii   Conversion Period/ rights that may be  rights
instrument                  Date xiv           acquired if the
                                               instrument is
                                               exercised/
                                               converted.
N/A            N/A          N/A                N/A                N/A



Total (A+B)
Number of voting rights                % of voting rights
              18,468,981                  3.54%





9. Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable xv:

Legal & General Group Plc (Direct and Indirect)(Group)

Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect)

Legal & General Investment Management Limited(Indirect) (LGIM)

Legal & General Group Plc (Direct) (L&G) (18,468,981-3.54% = LGAS, LGPL & PMC)

Legal & General Investment Management           Legal & General Insurance Holdings
(Holdings) Limited (Direct) (LGIMHD)            Limited (Direct) (LGIH)
(15,714,186-3.01% = PMC)

Legal & General Assurance (Pensions             Legal & General Assurance Society
Management) Limited (PMC)                       Limited (LGAS & LGPL)
(15,714,186-3.01% = PMC)
                                                Legal & General Pensions Limited
                                                (Direct) (LGPL)

Proxy Voting:
10. Name of the proxy holder:                                N/A
11. Number of voting rights proxy holder will                N/A
cease to hold:
12. Date on which proxy holder will cease to                 N/A
hold voting rights:

  13. Additional information:    Notification using shares in issue figure of

                                                 521,219,015

                                    First notifcation under DTR Sourcebook

14. Contact name:     Rebecca Scudamore, Assistant Secretary
15. Contact telephone number:  0207 467 2839





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