Company Profile For The British Land Company Plc

The British Land Company PLC operates in the fields of property investment and development, finance and investment. The Company’s retail warehouse park investments include Teesside Shopping Park, Giltbrook Retail Park, The Kingston Centre, New Mersey Shopping Park, Glasgow Fort, Parkgate Shopping Park, Fort Kinnaird Shopping Park and Homebase DIY Stores. Its investment in superstores represents 12% of the total portfolio. The British Land Company PLC owns 22 units let to food retailers on retail parks and shopping centers, totaling approximately 1.2 million square feet. The Company’s In-Town Retail portfolio includes shopping centers and department stores in selected locations in towns and cities. The Company’s In-Town Retail portfolio includes Eastgate Shopping Centre, Bon Accord and St Nicholas Centres and St Stephen’s. In February 2009, the Company formed a 50:50 joint venture in respect of the Meadowhall Shopping Centre with London & Stamford Property Green Park Property Trust.

BRIEF: For the three months ended 30 June 2009, The British Land Company plc's revenues decreased 20% to £101M. Net loss decreased 52% £273M. Revenues reflect a decrease in the rent receivable from Retail, Offices & Other segments. Lower loss reflects a decrease in losses from funds & joint venture, an increase in finance income and an increase in operating and gross margins. The Company operates in the fields of property investment and development.