Financial Calendar

Dividends on ordinary shares
The British Land Company PLC
Interim ordinary	declared November
Final ordinary	declared May

Dividend Reinvestment Plan
The Company offers shareholders the option to participate in a Dividend Reinvestment Plan (DRIP). This enables shareholders to reinvest their cash dividends automatically in the Company’s shares. Details of the plan are available on the Investors section of the Company’s website at www.britishland.com or by calling Lloyds TSB Registrars’ DRIP helpline on 0870 241 3018.


For participants in the plan the key dates for the final dividend are:
20 July 2005	Ex-dividend date
22 July 2005	Record date
29 July 2005	Last date for DRIP applications (for new applicants only)
19 August 2005	Payment date/dividend reinvestment date
2 September 2005	New share certificates posted
5 September 2005	CREST member accounts credited

Interest payments
The British Land Company PLC
87 ⁄ 8% First Mortgage Debenture Bonds 2035	24 March, 24 September
93 ⁄ 8% First Mortgage Debenture Stock 2028	31 March, 30 September
101 ⁄ 2% First Mortgage Debenture Stock 2019/24	31 March, 30 September
101 ⁄ 4% Bonds 2012	26 March
113 ⁄ 8% First Mortgage Debenture Stock 2019/24	31 March, 30 September

BL Universal PLC
63 ⁄ 4% First Mortgage Debenture Bonds 2011 and 2020	31 March, 30 September

Broadgate (Financing) PLC
Interest on each Class of Bond is payable quarterly on	5 January, 5 April, 5 July, 5 October

BLSSP (Funding) PLC
Interest on each Class of Note is payable quarterly on	4 January, 4 April, 4 July, 4 October

MSC (Funding) PLC
Interest on each Class of Note is payable quarterly on	12 January, 12 April, 12 July, 12 October


Taxation of capital gains
The market value at 31 March 1982 of an ordinary 25p share of the Company, for the purpose of capital gains tax indexation allowance, was 85.5p prior to adjustment for capitalisation or rights issues.