Share Incentive Plan ("SIP") Dividend Share Purchase

The British Land Company PLC (the "Company") announces that it has been notified by Equiniti Share Plan Trustees Limited, trustees of the British Land SIP, of the purchase on 10 February 2017 of Dividend Shares at a price of 605.5 pence per share on behalf of the Company's Executive Directors and Persons Discharging Managerial Responsibilities ("PDMRs").

Details of the Dividend Shares purchased, following the payment of the Second Interim Dividend for 2016/17, are outlined below:

These transactions took place in London (XLON).

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

The Company's Legal Entity Identifier Code is RV5B68J2GV3QGMRPW209. The Identification Code for ordinary shares of 25 pence each in the Company is GB0001367019.