Financial Statements

Financial Calendar

Dividends on ordinary shares

The British Land Company PLC

First Interim Dividend	declared August
Second Interim Dividend	declared November
Third Interim Dividend	declared February
Final Dividend	declared May

The final dividend for 2006/7 being paid on 17 August 2007 will contain no Property Income Dividend (PID) element. However, British Land expects that future dividend payments will comprise a mixture of both PID and non-PID dividends. The amount of the PID and non-PID elements of the dividend will be shown on the associated tax vouchers.

PID dividend payments will generally be paid out after deduction of withholding tax at the basic rate (22% for 2007/8 and 20% 2008/9 onwards). However, certain classes of shareholdermay be able to claim exemption from deduction of withholding tax. Examples of such classes are:

– UK Pension Schemes

– Local Authorities

– UK Companies

– Managers of PEPs, ISAs and Child Trust Funds

– UK Charities

It is expected that overseas shareholders and individual private shareholders will not be eligible to claim exemption from deduction of withholding tax. Forms for claiming exemption from withholding tax on PID dividend payments will be available shortly. For more information please visit www.britishland.com

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 2006/7 final dividend are:

18 July 2007	Ex-dividend date
20 July 2007	Record date
27 July 2007	Last date for DRIP applications (for new applicants only)
17 August 2007	Payment date/dividend reinvestment date

Interest payments

The British Land Company PLC
6.75% First Mortgage Debenture Bonds 2011	31 March, 30 September
10.25% Bonds 2012	26 March
6.75% First Mortgage Debenture Bonds 2020	31 March, 30 September
5.357% First Mortgage Debenture Bonds 2028	31 March, 30 September
5.0055% First Mortgage Amortising Debenture Bonds 2035	24 March, 24 September
5.264% First Mortgage Debenture Bonds 2035	24 March, 24 September

BLD Property Holdings Limited
10.3125% First Mortgage Debenture Stock 2011	1 April, 1 October
6.125% First Mortgage Debenture Stock 2014	31 March, 30 September
9.125% First Mortgage Debenture Stock 2020	30 June, 31 December

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

BL Superstores Finance PLC
Interest on each Class of Bond is payable quarterly on	4 January, 4 April, 4 July, 4 October

Meadowhall Finance PLC
Interest on each Class of Bond is payable quarterly on	12 January, 12 April, 12 July, 12 October