BLND Etracs DJ Ubs Commodity Index 2 4 6 Blended Futures Etn

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Share Name	Share Symbol	Market	Type
Etracs DJ Ubs Commodity Index 2 4 6 Blended Futures Etn	AMEX:BLND	AMEX	Ordinary Share

	Price Change	% Change	Share Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%					0.00	-

Director Shareholding

26/09/2003 4:28pm

UK Regulatory

RNS Number:2456Q
British Land Co PLC
26 September 2003

The British Land Company PLC has made the following conditional awards to
Executive Directors, of the Company's Ordinary Shares of 25p each under the
Company's Long Term Incentive Plan, pursuant to a recommendation of the
Company's Remuneration Committee, on 25th September 2003.


Director                            Performance Shares at nil     Options ( Inland Revenue     Options (Inland Revenue
                                    consideration                 approved) at 502p per share  unapproved) at 502p per
                                                                                                    share

J H Ritblat                                  119,521                        5,976                          352,589
J H Weston Smith                              52,290                        5,976                          150,896
N S J Ritblat                                 43,575                        5,976                          124,750
R E Bowden                                    41,085                                                       123,256
G C Roberts                                   32,993                        5,976                           93,002


The above performance shares conditionally vest on their third anniversary of
grant. The options are conditionally exercisable from the third until the tenth
anniversary of grant.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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