Director Shareholding

Land Securities PLC
12 June 2001


Land Securities 1989 Profit Sharing Scheme
 
In accordance with the Trust Deed of the above 445 Ordinary shares of £1 each in
this Company have been sold or transferred by participants during the months of
April/May 2001 at an average price of £9.07 per share.
 
Three of the Directors of this Company are Trustees of the Scheme. Would you
please amend your records to show their current non-beneficial holdings as
follows:-
 


                                   Ordinary shares of £1 each

      I J Henderson                          70,126
      J I K Murray                           70,126
      M R Griffiths                          70,126