Holding(s) in Company

British Land Co PLC
16 March 2005


The British Land Company PLC announces that it received the following
notification on 16th March 2005, pursuant to sections 198-202 of the Companies
Act 1985:

That FMR Corp. and its direct and indirect subsidiaries and Fidelity
International Limited and its direct and indirect subsidiaries are interested in
31,123,325 ordinary shares of 25p each, representing 6.00% of the total issued
ordinary share capital of the Company.

The Company also received notice that Mr Edward C Johnson 3rd, the principal
shareholder of FMR Corp. and Fidelity International Limited, was also deemed to
be interested in those shares.

16th March 2005.


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