British Land Company PLC

Annual Report & Accounts 2009

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Financial Summary

Gross Rental Income1
£650 million
Dividends per Share up 3%
29.8 pence
Underlying Profit before Tax2
£268 million (2007/8: £284 million)
NAV per Share2 down 64%
398 pence
Underlying Earnings per Share4
41 pence (2007/8: 44 pence)
NNNAV3 per Share down 57%
508 pence
maintained at 2007/8 level
excluding Songbird dividend
reflecting valuation reduction
and Rights Issue
IFRS Loss after Tax4
£3,881 million
Like-for-like growth in Rental Income
2.7%

Year to 31 March 2009

All per share data movement for the year based on March 2008 as adjusted for the March 2009 Rights Issue - see note 2 in the Notes to the Accounts section

1 Includes share of Funds and Joint Ventures, see Table A.

2 See note 2

3 See Table A.

4 Including valuation movements taken to the income statement

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