Transaction in Own Shares

British Land Co PLC

02 September 2019

Transaction in own shares

The British Land Company PLC (the "Company") announces that it has purchased through UBS AG London Branch ("UBS") the following number of its ordinary shares of 25 pence each on the London Stock Exchange. The purchases were made pursuant to the buy-back programme announced by the Company on 15 May 2019. The Company intends to cancel the purchased shares.

Number of Shares purchased:

39,223

Volume weighted average price paid per Share (pence):

511.0717

Highest price paid per Share (pence):

513.2

Lowest price paid per Share (pence):

509.6

Date of purchase:

02 September 2019

In accordance with Article 5(1)(b) of EU Market Abuse Regulation (596/2014), detailed information about the individual purchases made by UBS on behalf of the Company as part of the buy-back programme is set out below.

Enquiries:

Company Secretariat

British Land

020 7486 4466

Transaction details

Issuer name: The British Land Company PLC

(ISIN: GB0001367019 LEI Code: RV5B68J2GV3QGMRPW209)

Intermediary name: UBS AG London Branch

(Intermediary code: UBSWGB2L)

Individual transactions

Number of sharespurchased

Transaction price per share (pence)

Time of transaction

1,899

513

08:05:17

1,796

511

08:21:05

1,894

510

08:37:49

1,881

511

09:02:06

496

510

09:06:46

1,400

510

09:06:46

1,770

510

09:22:46

232

510

09:22:46

1,910

510

09:22:46

2,062

511

09:32:50

1,656

510

09:35:42

340

510

09:35:42

1,785

511

09:40:27

1,959

510

09:48:49

85

512

09:52:29

1,694

512

09:52:29

334

512

09:52:29

91

511

10:02:29

1,942

511

10:02:29

2,055

510

10:08:55

1,716

510

10:08:55

296

510

10:08:55

1,967

511

10:10:39

1,039

512

10:27:07

704

512

10:27:07

1,714

511

10:41:50

275

511

10:56:25

225

511

10:56:25

2,098

513

11:14:34

1,908

513

11:27:54