RNS Number:7751T
British Land Co PLC
02 January 2004

The British Land Company PLC announces that it received the following
notification on 29th December 2003, pursuant to sections 198-202 of the
Companies Act 1985:



That FMR Corp. (the parent holding company of Fidelity Management & Research
Company and Fidelity Management Trust Company) and Fidelity International
Limited (the parent holding company for various direct and indirect
subsidiaries, including Fidelity Investment Services Ltd and Fidelity Pension
Management) are interested in 20,390,345 ordinary shares of 25p each,
representing 4.18% of the total issued ordinary share capital of the  Company.

The Company also received notice that Mr Edward C Johnson 3rd, the principal
shareholder of FMR Corp. and Fidelity International Limited, was also deemed to
be interested in those shares.


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