Transaction in Own Shares

British Land Co PLC
04 December 2007


 The British Land Company PLC announces that it has purchased the following
number of its ordinary shares of 25p each on the London Stock Exchange.

Date of purchase:                                           4 December 2007

Number of ordinary shares purchased:                        75,629
                                                            
Highest price paid per share:                               900.00p

Lowest price paid per share:                                898.00p

Average price per share:                                    899.2244p

The Company intends to hold the purchased shares in treasury.

Following the purchase of these shares, the Company holds 10,491,493 of its
ordinary shares in treasury and has 511,449,431 ordinary shares in issue
(excluding treasury shares).

4 December  2007




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