Results of Meetings

British Land Co PLC
21 August 2006

21 August 2006



The British Land Company PLC and BL Universal PLC Announce the Results of the
Meetings held in connection with their Consent Solicitations


                                     NOTICE

 to the respective holders of the outstanding debentures issued by The British
                         Land Company PLC (the Company)


   £200,000,000 9 3/8 per cent. First Mortgage Debenture Stock due 2028 (the
                           Existing 2028 Debentures)

   £250,000,000 8 7/8 per cent. First Mortgage Debenture Bonds due 2035 (the
                           Existing 2035 Debentures)

  £12,561,841 10 1/2 per cent. First Mortgage Debenture Stock due 2019/24 (the
                       Existing First 2019/24 Debentures)

  £20,381,170 11 3/8 per cent. First Mortgage Debenture Stock due 2019/24 (the
                      Existing Second 2019/24 Debentures)
                      (together the Existing BL Debentures)

                                      and

 to the respective holders of the outstanding debentures issued by BL Universal
                                   PLC (BLU)


   £100,000,000 6 3/4 per cent. First Mortgage Debenture Bonds due 2011 (the
                           Existing 2011 Debentures)

   £200,000,000 6 3/4 per cent. First Mortgage Debenture Bonds due 2020 (the
                           Existing 2020 Debentures)

  (together the Existing BLU Debentures, and collectively with the Existing BL
                      Debentures, the Existing Debentures)


This announcement is made in connection with the Consent Solicitations as
defined in the Consent Solicitation Document dated 21 July 2006 (the "Consent
Solicitation Document").  The Company and BLU hereby announce that each of the
Extraordinary Resolutions was duly passed by the requisite majority of holders
of the relevant Existing Debentures at the meetings of holders of the Existing
Debentures held today.


Capitalised terms used in this Notice but not otherwise defined have the same
meanings as given to them in or pursuant to the Consent Solicitation Document.



This Notice is given by The British Land Company PLC and BL Universal PLC.


Enquiries:


The British Land Company PLC

Graham Roberts, Finance Director             Tel: [phone]

Peter Clarke, Executive Officer              Tel: [phone]



The Royal Bank of Scotland

Robert St. John, Managing Director           Tel: [phone]

Andrew Burton, Head of Liability Management  Tel: [phone]



UBS Investment Bank

Andrew Dennis, Executive Director            Tel: [phone]

Duane Hebert, Executive Director             Tel: [phone]



UNDER NO CIRCUMSTANCES SHALL THIS NOTICE CONSTITUTE AN OFFER TO SELL OR THE
SOLICITATION OF AN OFFER TO BUY OR SUBSCRIBE FOR SECURITIES.


                      This information is provided by RNS
            The company news service from the London Stock Exchange