Director Shareholding

British Land Co PLC
16 August 2002

The British Land Company PLC announces that the following directors of the
Company were allocated, on 16th August 2002, the following ordinary 25p shares
under this year's allocation of the Company's Employee Share Scheme, at a price
of 514p per share:


J H Ritblat                                  1,556
C Metliss                                    1,556
J H Weston Smith                             1,556
N S J Ritblat                                1,556
R E Bowden                                   1,556
G C Roberts                                  1,556






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