Director/PDMR Shareholding

British Land Co PLC
04 July 2006


The British Land Company PLC announces the following grant, on 3rd July 2006, to
a director of the Company, of an option over Ordinary Shares of 25p each of the
Company under its Save as you Earn Share Option Scheme. The option is granted at
an exercise price of 1007p per share.


Name                 Number of Shares            Exercise period
Stephen Hester            1,598                01.09.11 - 29.02.12


4 July 2006.



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