Director Shareholding

British Land Co PLC
22 February 2002

The British Land Company PLC announces the following purchases of the Company's
ordinary shares of 25p by Directors of the Company on 20th February 2002:


Name                             No. of shares purchased and price
J H Ritblat                      3048 at 515p each
N S J Ritblat                    1666 at 515p each



These purchases were in consequence of standing elections to participate in the
Company's Dividend Re-investment Plan, whereby cash dividends are automatically
reinvested in the Company's shares.







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