Transaction in Own Shares

British Land Co PLC

10 June 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:

15,000

Volume weighted average price paid per Share (pence):

540.0784

Highest price paid per Share (pence):

541.6

Lowest price paid per Share (pence):

539.2

Date of purchase:

10 June 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

150

542

08:41:26

1,945

542

08:41:26

2,080

539

10:05:44

2,002

539

11:27:02

2,209

539

13:06:12

131

540

14:33:44

392

540

14:33:44

1,173

540

14:33:44

300

540

14:33:44

47

540

15:23:54

750

540

15:23:54

425

540

15:23:54

1,065

540

15:23:54

1,151

541

16:10:12

1,180

541

16:20:44