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Re. Disposal

30th Mar 2005 15:42

Land Securities Group Plc30 March 2005 30 March 2005 Land Securities Group PLC ("Land Securities" / "the Group") LAND SECURITIES SELLS BOWATER HOUSE, KNIGHTSBRIDGE Land Securities Group PLC confirms that, further to its announcement in November2004, it has completed the sale of Bowater House to a Guernsey based propertydevelopment vehicle. The sale price was £150m. Mike Hussey, Land Securities' Managing Director, London Portfolio, commented: "We are delighted to have concluded the sale of Bowater House, recognising thevalue we have created through developing plans for a world-class residentialscheme." - ends - For further information please contact: Emma Denne Land Securities Group Tel: 020 7413 9000 Stephanie Highett Dido Laurimore Financial Dynamics Tel: 0207 813 3113 This information is provided by RNS The company news service from the London Stock Exchange

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