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Planning Approval

10th Jul 2007 11:16

Land Securities Group Plc10 July 2007 10 July 2007 Land Securities Group PLC ("Land Securities" / "the Group") LAND SECURITIES' 20 FENCHURCH STREET TOWER APPROVED Land Securities has today received planning approval from the Secretary of Statefor its 155m (509ft) tower and adjoining buildings at 20 Fenchurch Street, EC3in the City of London. The building was the subject of a public inquiry in March 2007 after theSecretary of State had unexpectedly decided to call in the planning application. 20 Fenchurch Street will incorporate approximately 600,000 sq ft of premieroffice accommodation, retail, a cafe and a publicly accessible Sky Garden. TheSky Garden will be the highest public park in London to offer visitors anoutside roof terrace, botanical gardens, restaurant and a 360 degree panorama ofLondon. Welcoming the decision, Mike Hussey, Managing Director of the Land SecuritiesLondon Portfolio, said: "We are delighted that the Secretary of State has approved 20 Fenchurch Street.The design by Rafael Vinoly, one of the world's most innovative and acclaimedarchitects, is exceptional. We anticipate strong interest from occupiers and wewill be preparing the site for development now that we have consent." For further information, please contact:Melissa Winsor Stephanie Highett/Dido LaurimoreLand Securities Group PLC Financial DynamicsT +44 (0)20 7024 5460 T +44 (0)20 7831 3113 Notes to Editors Land Securities Group PLC Land Securities is the UK's leading real estate investment trust. Our nationalportfolio of commercial property, worth many billions of pounds, includes someof Britain's best-known shopping centres, such as the Birmingham Bullring andGunwharf Quays in Portsmouth, as well as London landmarks such as the PiccadillyLights and Westminster City Hall. We are leading urban renaissance through ourbillion pound development programme, transforming Exeter, Bristol and Cardiffcity centres as well as key sites in Central London. We are also one of theleading names in property partnerships and through urban community developmentare involved in long-term, large-scale regeneration projects in the south-east.www.landsecurities.com This information is provided by RNS The company news service from the London Stock Exchange

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