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Bond Buyback

22nd Nov 2007 11:07

British Land Co PLC22 November 2007 The British Land Company PLC (the "Company") Purchase of £1,475,000 10.25% Bonds Due 2012 ISIN: GB0041363655 The Company announces the purchase of £1,475,000 of its outstanding 10.25% BondsDue 2012 ("Bonds"). The purchase price of £116.211 represents a spread of 127.5basis points over the yield on the 5% UK Treasury Gilt due March 2012. In accordance with the Terms and Conditions the purchased Bonds will becancelled as of today's date, reducing the outstanding principal to £215,000. Enquiries: The British Land Company PLCPeter Clarke, Executive Officer Tel: +44 20 7467 2886 22 November 2007 This information is provided by RNS The company news service from the London Stock Exchange

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British Land
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