Director/PDMR Shareholding

British Land Co PLC 21 December 2005 The Company announces that it yesterday received notification from the Trustees of The British Land Share Ownership Plan (the 'Trust') that on 20th December 2005 the Trust released 385,875 ordinary 25p shares of the Company to participants of the Company's Restricted Share Plan, pursuant to an award made on 20th December 2002, which vested on attainment of the performance target. The Trust is a discretionary trust established for the benefit of employees, including executive Directors and Persons Discharging Managerial Responsibilities, of the Company, to facilitate the operation of its share incentive schemes. Directors of the Company and Persons Discharging Managerial Responsibilities, who are participants in these schemes are consequently considered to be interested in the shares held by the Trust, as discretionary beneficiaries. The Company also received notification yesterday from the Trustees that, of the above shares released by the Trust, 11,250 shares were released to each of A Braine, P C Clarke and T A Roberts, Persons Discharging Managerial Responsibilities of the Company. Following this vesting, A Braine, P C Clarke and T A Roberts each sold 11,250 shares, all at a price of 1,033.1601p per share. 21st December 2005. This information is provided by RNS The company news service from the London Stock Exchange
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