Planning Approval

Land Securities Group Plc 10 July 2007 10 July 2007 Land Securities Group PLC ('Land Securities' / 'the Group') LAND SECURITIES' 20 FENCHURCH STREET TOWER APPROVED Land Securities has today received planning approval from the Secretary of State for its 155m (509ft) tower and adjoining buildings at 20 Fenchurch Street, EC3 in the City of London. The building was the subject of a public inquiry in March 2007 after the Secretary of State had unexpectedly decided to call in the planning application. 20 Fenchurch Street will incorporate approximately 600,000 sq ft of premier office accommodation, retail, a cafe and a publicly accessible Sky Garden. The Sky Garden will be the highest public park in London to offer visitors an outside roof terrace, botanical gardens, restaurant and a 360 degree panorama of London. Welcoming the decision, Mike Hussey, Managing Director of the Land Securities London Portfolio, said: 'We are delighted that the Secretary of State has approved 20 Fenchurch Street. The design by Rafael Vinoly, one of the world's most innovative and acclaimed architects, is exceptional. We anticipate strong interest from occupiers and we will be preparing the site for development now that we have consent.' For further information, please contact: Melissa Winsor Stephanie Highett/Dido Laurimore Land Securities Group PLC Financial Dynamics T +44 (0)20 7024 5460 T +44 (0)20 7831 3113 Notes to Editors Land Securities Group PLC Land Securities is the UK's leading real estate investment trust. Our national portfolio of commercial property, worth many billions of pounds, includes some of Britain's best-known shopping centres, such as the Birmingham Bullring and Gunwharf Quays in Portsmouth, as well as London landmarks such as the Piccadilly Lights and Westminster City Hall. We are leading urban renaissance through our billion pound development programme, transforming Exeter, Bristol and Cardiff city centres as well as key sites in Central London. We are also one of the leading names in property partnerships and through urban community development are involved in long-term, large-scale regeneration projects in the south-east. www.landsecurities.com This information is provided by RNS The company news service from the London Stock Exchange
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