Director/PDMR Shareholding

The British Land Company PLC (the 'Company') announces that it received notification on 11 April 2012 that on 4 April 2012, Lord Turnbull, Richard Pym, Dido Harding and William Jackson, Directors of the Company, were allotted the following number of shares of 25p each in the Company, at a price of 479.9 pence per share;

Lord Turnbull 521

Richard Pym 1,042

Dido Harding 639

William Jackson 980

The shares allotted to Lord Turnbull, Richard Pym, Dido Harding and William Jackson were pursuant to their standing instructions to receive shares as part satisfaction of their directors' fees.