Directorate Change

Land Securities PLC
17 April 2002

17 April 2002


Land Securities PLC ('Land Securities')

ANNOUNCEMENT OF SENIOR MANAGEMENT CHANGES AND APPOINTMENT OF MARK COLLINS

Land Securities announces that Mark Collins (45) will be joining the Group on 27
May, 2002 as Chief Executive of its Portfolio Management business unit.  He is
currently Senior Managing Director of GE Capital Real Estate for the UK and
Europe and has responsibility for investing and managing all GE Capital Real
Estate's funding transactions throughout the UK.  He joined GE in 1996 and since
that time has been involved in more than 30 separate partnership deals involving
£6.5 billion of investment in real estate.  He holds numerous directorships,
including Leconport Estates (MEPC).

Commenting on the appointment, Ian Henderson, Chief Executive of Land
Securities, said, 'We are delighted that Mark has agreed to join the Group.  He
brings with him a wealth of knowledge of the UK property markets.  We believe
that he will build on the considerable progress we have made to date in
sharpening the focus of our investment portfolio, driving its future performance
to continue improving the returns we make from this part of our business.'

In addition, Land Securities announces that Mike Griffiths will step down from
the Board and as Chief Executive of Land Securities Development at the AGM in
July.  Francis Salway will move from his current position as Chief Executive of
Land Securities Portfolio Management to head up Land Securities Development.

Peter Birch, Chairman, said, 'I would like to thank Mike for the enormous
contribution he has made during his long and successful career at Land
Securities.  That contribution is reflected in the substantial progress we have
made in advancing our development pipeline, which is now one of the most
exciting in the UK.  Mike leaves the development business in good shape and in
the capable hands of Francis Salway, who will continue to apply the same
innovative approach and focus on delivery which have done so much to transform
our portfolio management business over the last two years.'



                                    - Ends -



For further information, please contact:

Land Securities
Ian Henderson/Emma Denne
Tel : [phone]

Financial Dynamics
Steve Jacobs
Tel : [phone]


Notes to Editors

Mark Collins is married and has three children.  Prior to joining GE capital, he
worked in Real Estate Finance, Securitisation and investment markets with
Sumitomo Bank (1990-1996), Richard Ellis (1984-1990) and Hongkong Land
(1980-1984).


He is an FRICS and qualified with a BSc in Valuation and Estate management.

Land Securities PLC, the UK's leading quoted provider of commercial property and
property-related services, is committed to the creation of long-term and
sustainable returns for shareholders.  It achieves this by creatively managing
an £8 billion investment portfolio, as well as implementing a £2 billion
development programme and providing total property services to occupiers in the
public and private sectors.

Over the past two years the company has refocused its investment portfolio on
four areas of the UK property markets: Central London offices and shops,
shopping centres, retail warehouses and industrial properties in the south-east.

The Group has expanded its development programme and is involved in some of the
largest urban regeneration schemes in the UK.

It also added a new dimension to its offer, total property services, through
Land Securities Trillium, which works in partnership with some of the leading UK
service providers.  LS Trillium's current clients are the Department of Work and
Pensions, the BBC and BT. The company continues to bring new people and skills
into the organisation and is seeking to become the employer of choice in the
property sector.





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