Directors' Dealings

British Land Co PLC
2 November 1999


The British Land Company PLC announces the following transactions in the
Company's Ordinary Shares of 25p pursuant to standing elections to reinvest
dividends under Personal Equity Plans:-

The purchase by Mr P W Simon, a director, of 137 shares at a price of 423p
per share and by his wife, Mrs S Simon, of 137 shares, at the same price, on
27th October 1999. Mr Simon was notified of these transactions on 29th October
1999 and sent notification to the Company on that day.