8th Aug 2006 13:51
British Land Co PLC08 August 2006 8 August 2006 The British Land Company PLC Announces Amendments to Consent Solicitations forits Existing 2019/24 Debentures THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. IF YOU ARE INANY DOUBT ABOUT THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT IMMEDIATELY YOURSTOCKBROKER, BANK MANAGER, SOLICITOR, ACCOUNTANT OR OTHER PROFESSIONAL ADVISERAUTHORISED UNDER THE FINANCIAL SERVICES AND MARKETS ACT 2000. THIS NOTICE DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFERTO BUY OR SUBSCRIBE FOR SECURITIES. NOTICE to the respective holders of the outstanding £12,561,841 10 1/2 per cent. First Mortgage Debenture Stock due 2019/24 (the " Existing First 2019/24 Debentures") £20,381,170 11 3/8 per cent. First Mortgage Debenture Stock due 2019/24 (the "Existing Second 2019/24 Debentures", and together with the Existing First 2019/ 24 Debentures the "Existing 2019/24 Debentures") issued by THE BRITISH LAND COMPANY PLC (incorporated with limited liability in England and Wales with registered number 621920) NOTICE IS HEREBY GIVEN, pursuant to the consent solicitation document dated 21July 2006 addressed by The British Land Company PLC ( "British Land") to,amongst others, the holders of its Existing 2019/24 Debentures (the "ConsentSolicitation Document") and referred to in the Notice of Meetings dated 21 July2006, that British Land is exercising its right to amend the Existing DebentureSpreads for the Existing 2019/24 Debentures as follows: Security Current Existing Debenture New Existing Debenture Spread Spread Existing First 2019/24 Debentures 1.00% 0.95%Existing Second 2019/24 Debentures 1.00% 0.95% The Early Submission Deadline, the Revocation Deadline and the Expiration Dateremain as stated in the Consent Solicitation Document. Further, any holder of the Existing 2019/24 Debentures which on or prior to theRevocation Deadline amends (rather than revokes) its voting instructionscontained in an Instruction delivered on or prior to the Early SubmissionDeadline will still be entitled to receive the Early Submission Fee. Any holderof an Existing 2019/2024 Debenture who has already submitted an Instruction andwho wishes to change that Instruction should contact Lloyds TSB Registrars,ATTN: Team Lane Corporate Actions, by phone (tel. 0870 609 2158 in the UK or +441903 276 342 international) and leave their name and phone number to obtain afurther form of Instruction. Capitalised terms used in this Notice but not otherwise defined have the samemeanings as given to them in or pursuant to the Consent Solicitation Document. This Notice is given by The British Land Company PLC. Enquiries: The British Land Company PLC Graham Roberts, Finance Director Tel: +44 20 7467 2948 Peter Clarke, Executive Officer Tel: +44 20 7467 2886 The Royal Bank of Scotland Robert St. John, Managing Director Tel: +44 20 7085 3205 Andrew Burton, Head of Liability Management Tel: +44 20 7085 8056 UBS Investment Bank Andrew Dennis, Executive Director Tel: +44 20 7568 2902 Duane Hebert, Executive Director Tel: +44 20 7567 7480 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
British Land