Director Shareholding

Land Securities Group Plc
01 June 2005

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS



1. Name of company


Land Securities Group PLC



2. Name of director


Richard Akers



3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest


As above



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)


As above



5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)


As above



6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary


Exercise of Executive Share Options



7. Number of shares / amount of stock acquired


Acquisition of  20,000 ordinary shares by exercise of share option



8. Percentage of issued class


Immaterial



9. Number of shares/amount of stock disposed


19,110 shares



10. Percentage of issued class


Immaterial



11. Class of security


10p ordinary shares



12. Price per share


1434p



13. Date of transaction


31 May 2005



14. Date company informed


31 May 2005



15. Total holding following this notification


8,363 ordinary shares



16. Total percentage holding of issued class following this notification


Immaterial



17. Any additional information






18. Name of contact and telephone number for queries


Peter Dudgeon  020 7024 5227



19. Name and signature of authorised company official responsible for making
this notification


Peter Dudgeon - Company Secretary



Date of Notification


31  May 2005



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