Director/PDMR Shareholding

2 June 2011

Land Securities Group PLC (the 'Company')

The Company confirms that on 1 June 2011, Richard Akers, Executive Director, exercised options under the Land Securities 2000 Unapproved Executive Share Option Scheme over 11,652 Ordinary Shares of 10 pence ("Ordinary Shares") each at an option price of 783 pence per Ordinary Share. The shares were then sold in the market on 1 June 2011 at an average price of 836 pence per Ordinary Share.

Following this transaction, Richard Akers is interested in 543,768 Ordinary Shares representing 0.07 per cent of the present issued Ordinary Share capital of the Company, and 25,395 share options over the Company's Ordinary Shares.

This notice is given in fulfilment of the obligation under DTR 3.1.2 R and LR 9.8.6R(1).

Contact in case of queries:

Lucy Turner

Assistant Company Secretary

0207 024 5246