ADR Programme

British Land has a Level 1 American Depositary Receipt ('ADR') programme.

The ADRs trade under the symbol 'BTLCY' in the U.S. over-the-counter market. One British Land ADR represents one existing share of the Company. The Bank of New York is the Depositary Bank.

The Bank of New York ADRs
CUSIP: 110828100

For further information please contact:

The Bank of New York

Investor Relations
P.O. Box 11258
Church Street Station
New York
NY 10286 - 1258

Toll Free Tel number for domestic callers: +1-888-BNY-ADRs
International callers: +1-610-312-5315