Director/PDMR Shareholding

Director / PDMR Shareholding

The Company announces that it received notification on 31 May 2011 from the Trustees of The British Land Share Ownership Plan (the 'Trust') that on 31 May 2011 the Trust released 36,782 ordinary 25p shares to Ben Grose and 32,184 ordinary 25p shares to Nigel Webb, both Persons Discharging Managerial Responsibilities. This was pursuant to an award made under the Company's Fund Managers' Performance Plan (the 'Plan'), on 28 May 2010, which vested on 31 May 2011, in accordance with the Plan's rules

The Trustees notified the Company that, of the above shares released by the Trust, Ben Grose sold 36,782 shares and Nigel Webb sold 32,184 shares, all at a price of 594.4 pence per share on 31 May 2011.