Statement re Aberdeen talks

British Land Co PLC
04 August 2003

                                                                   4 August 2003


                              Statement re Aberdeen talks


The British Land Company PLC announces that it is no longer in discussions with
Aberdeen Asset Management PLC for the acquisition of all or any part of
Aberdeen's Property Fund Management activities.



Enquiries:


Contacts

The British Land Company PLC:
John Weston Smith, Chief Operating Officer                   tel. [phone]
Finsbury:
Ed Orlebar                                                   tel. [phone]




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