TR-1 Notification of Major Interest in Shares
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii
British Land Co Plc
Sedol 0136701
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
√
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to thenotification obligation: iii
1Lansdowne Partners International Limited
2Lansdowne Partners Limited
3Lansdowne Partners (UK) LLP
4. Full name of shareholder(s) (if different from 3.):iv
Vidacos Nominees Ltd. HSBC Client Holdings Nominee (UK) Ltd. Chetwynd Nominees Ltd. Chase Nominees Ltd. Morstan Nominees Limited. Nortrust Nominees Ltd. Harewood Nominees Ltd. State Street Nominees Ltd.
(Registered Shareholders)
5. Date of the transaction and date onwhich the threshold is crossed orreached: v
13/07/2016
6. Date on which issuer notified:
15/07/2016
7. Threshold(s) that is/are crossed orreached: vi, vii
5%
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type ofshares
if possible usingthe ISIN CODE
Situation previousto the triggeringtransaction
Resulting situation after the triggering transaction
NumberofShares
NumberofVotingRights
Numberof shares
Number of votingrights
% of voting rights x
Direct
Direct xi
Indirect xii
Indirect
Ordinary Shares
Below 5%
54,213,442
5.27%
GB0001367019
B: Qualifying Financial Instruments
Type of financialinstrument
Expirationdate xiii
Exercise/Conversion Period xiv
Number of votingrights that may beacquired if theinstrument isexercised/ converted.
% of votingrights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Exercise price
Expiration date xvii
Exercise/Conversion period xviii
Number of voting rights instrument refers to
% of voting rights xix, xx
Nominal
Delta
Total (A+B+C)
Number of voting rights
Percentage of voting rights
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi
Lansdowne Partners International Limited is the parent undertaking of Lansdowne Partners Limited which is the First Corporate Member of Lansdowne Partners (UK) LLP.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will ceaseto hold:
12. Date on which proxy holder will cease to holdvoting rights:
13. Additional information:
Based on Total Voting Rights of 1,029,341,939.
14. Contact name:
Ruari Paton
15. Contact telephone number:
+44(0)20 7290 5500