Holding in Company

Land Securities PLC
26 January 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

LAND SECURITIES PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

PRUDENTIAL PLC

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

HOLDING OF SHAREHOLDER NAMED IN 2) ABOVE

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

SEE SCHEDULE BELOW 

5)   Number of shares/amount of stock acquired.

-

6)   ( - %) of issued Class

7)   Number of shares/amount of stock disposed

-

8)   ( - %) of issued Class

9)   Class of security

£1 ORDINARY SHARES

10)  Date of transaction

25/1/2001

11)  Date company informed

26/1/2001

12)  Total holding following this notification

20,896,902
               
              
13)  Total percentage holding of issued class following this notification

3.99%

14)  Any additional information



15)  Name of contact and telephone number for queries

PETER DUDGEON
020 7413 9000

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification 26 JANUARY 2001............


               NOTIFIABLE POSITION FOR LAND SECURITIES ORD GBP1
                         as at 25 January 2001

Percentage holdings are calculated using an issued share capital of 523,651,902
ORD GBP1 shares

               Registered Holder               Holdings   %          
Prudential plc                               20,896,902   3.99  Total Notifiable
                                                                   Interest
            M&G(LOMBARD ST) NOMS FPR             35,000
            M&G(LOMBARD ST) NOMS P               46,000
            MAGIM HSBC GIS NOM(UK) SALI         117,501
            PRUCLT HSBC GIS NOM(UK) PAC AC   20,608,213     
            PRUCLT HSBC GIS NOM(UK) PPL AC       90,188


The Prudential                               20,815,902   3.97
Assurance 
Company Limited
             MAGIM HSBC GIS NOM(UK) SALI        117,501
             PRUCLT HSBC GIS NOM(UK) PAC AC  20,608,213
             PRUCLT HSBC GIS NOM(UK) PPL AC      90,188