BRIEF

on British Land (isin : GB0001367019)

The Vanguard Group's Position on British Land Co PLC

Stock price chart of British Land (EBR:BLND) showing fluctuations.

The Vanguard Group, Inc. disclosed a significant position in the securities of British Land Company PLC. As per Form 8.3 filed under the Takeover Code, Vanguard holds 54,340,832 shares, representing a 5.43% stake in the company. This places Vanguard as a notable investor with interests in the company's ordinary shares.

The recent transactions revealed include purchases of 4,380 shares at £4.15 per share and 21,847 shares at £4.16. Additionally, Vanguard sold 10,381 shares at £4.16 per share. No further derivative transactions or subscription rights were declared.

No indemnity or option arrangements exist related to these shares, nor are there any agreements concerning voting rights or future share acquisitions. The disclosure remains straightforward with no supplemental information attached, setting the current stage for Vanguard's involvement with British Land.

R. E.

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