Additional Listing

British Land Co PLC
22 June 2004


                  The British Land Company PLC ("the Company")

Application has been made to the Financial Services Authority and the London
Stock Exchange Plc for a total of 30,000,000 ordinary shares of 25p each
("shares") to be admitted to the Official List.

It is expected that permission will be granted on 24 June 2004 and admission to
trading will commence on 25 June 2004.

These shares are being reserved under a block listing and will be issued
pursuant to the following scheme :

Scheme (s)                                                   Shares

Conversion of 6% Subordinated Irredeemable
Convertible Bonds                                            30,000,000



When issued these shares will rank pari passu with the existing ordinary shares
of 25p each.



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