Restricted Share Plan ('RSP') Award

The British Land Company PLC (the 'Company') announces that on 19 June 2019 conditional awards ('Restricted Shares') of the Company's ordinary shares of 25 pence each were awarded to PDMRs under the Company's RSP as outlined below.

The Restricted Shares conditionally vest on the third anniversary of the award.  No performance conditions attach to the Restricted Shares.

These transactions took place 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.