Share Incentive Plan ("SIP") Free Share Award

The British Land Company PLC (the "Company") has been notified by Equiniti Share Plan Trustees Limited, trustees of the British Land SIP that on 29 August 2019, Free Shares were purchased at a price of 512.28 pence per share and awarded to the Company's Executive Directors and Persons Discharging Managerial Responsibilities ("PDMRs") as outlined below:

The awards were made outside of a trading venue.

This notification is made in accordance with the requirements of the EU Market Abuse Regulation.  The Identification Code for ordinary shares of 25 pence each in the Company is GB0001367019.