Share Incentive Plan ("SIP") Purchase and Award

The British Land Company PLC (the "Company") has been notified by Equiniti Share Plan Trustees Limited, trustees of the British Land SIP, of the purchase of ordinary shares of 25 pence each in the Company ("Shares") under the Partnership Share element of the SIP. The Shares were purchased on 15 August 2016, at a price of 662.4709 pence per share on behalf of the Company's Executive Directors and Persons Discharging Managerial Responsibilities ("PDMRs"). In accordance with the rules of the SIP, further Shares were awarded under the Matching Share element of the SIP.

Details of the Partnership Shares purchased and the Matching Shares awarded are outlined below:

	Partnership Shares	Matching Shares
Executive Directors
C M Grigg	22	44
L M Bell	22	44
C Maudsley	22	44
T A Roberts	22	44
PDMRs
S Jones	19	38
D Richards	19	38
J Sharpe	23	46
N M Webb	22	44
E Williams	22	44

These transactions took place in London (XLON) and the Company was notified on 16 August 2016

This notification is made under Article 19.3 of the Market Abuse Regulation.

Enquiries:
Company Secretariat	020 7486 4466