Land Securities Trillium

Press Release

27 February 2008

Final for immediate release

LAND SECURITIES GROUP PLC ("Land Securities)

LAND SECURITIES TO EVALUATE BENEFITS OF TRILLIUM SALE IN SHAREHOLDERS INTERESTS

The Board of Land Securities Group PLC (the "Board") has agreed that, following
recent expressions of interest, it will evaluate the benefits of a sale of its
Trillium business against the merits of a demerger.

This will run in parallel with the demerger process, which remains the primary
focus of the Board.

                                   - Ends -                                    

For further information, please contact:

Donal McCabe / Alison Flynn

Land Securities

Tel: [phone]

Notes to editors

Land Securities Group PLC

  * Land Securities is the UK's leading Real Estate Investment Trust with a
    national portfolio of commercial property worth over £14 billion. Our
    investment portfolio also has around 60 retail parks and shopping centres
    including Birmingham's Bullring centre and Exeter's award-winning
    Princesshay site.
   
  * Half our portfolio is in London, where we own many landmark buildings such
    as the Piccadilly Lights and Westminster City Hall and are developing some
    of the capital's most innovative mixed-use schemes, such as Cardinal Place,
    Victoria and New Street Square in mid-town.
   
  * Land Securities' multi billion pound development programme is transforming
    regional city centres including Bristol, Cardiff, Glasgow and Leeds, key
    sites in Central London and delivering long-term, large-scale regeneration
    projects in the South East.
   
  * Land Securities is the principal name in property outsourcing and
    partnerships through Land Securities Trillium, which is one of the most
    established and innovative names in property outsourcing. We focus on
    understanding our customers' business and property requirements and meeting
    them through excellent service and innovation. We manage and provide
    services to numerous commercial properties nationwide, for a growing number
    of companies and government departments.