Scrip Dividend issue of shares

Land Securities Group PLC

19 April 2011

Land Securities Group PLC scrip dividend

Land Securities Group PLC confirms that application will be made to the Financial Services Authority for 2,754,149 ordinary shares to be admitted to the Official List, and to the London Stock Exchange for the shares to be admitted to trading, in relation to the operation of the Scrip Dividend Scheme for the third interim dividend for the year ended 31 March 2011, payable on 26 April 2011. Dealings are expected to commence on 26 April 2011 and the shares will rank pari passu with the existing issued ordinary shares of the Company.

In accordance with the terms of the scrip dividend, 2,754,149 ordinary shares are to be issued at a price of 717.90 pence per share.

Contact:

Phil Higgins

Deputy Secretary

0207 024 5219