Pre-letting

Land Securities Group Plc 31 July 2007 31 July 2007 Land Securities Group PLC ('Land Securities' / 'Group') Land Securities SIGNS NEW MAJOR PRE-LETTING AT NEW STREET SQUARE DEVELOPMENT, LONDON EC4 Land Securities today announces that it has exchanged contracts with Speechly Bircham LLP, a leading City law firm, for the pre-letting of 77,126 sq ft at its New Street Square development on New Fetter Lane, EC4. Speechly Bircham will make 6 New Street Square its new UK head office, occupying floors 1-7 of the building at £53.50 per sq ft on a 15 year term. Mike Hussey, Land Securities' Managing Director, London Portfolio commented on the letting; 'We are delighted to have completed this transaction with Speechly Bircham. The letting is further confirmation of New Street Square as a leading destination for professional services organisations who are looking for quality office accommodation coupled with a good working environment for their employees. This building is quickly establishing itself as a land mark for the burgeoning Mid-Town market.' 6 New Street Square is part of the 730,000 sq ft mixed-use scheme, designed by Bennetts Associates, which replaces an assortment of post war office blocks with four contemporary office buildings, all of which open onto a new landscaped central square lined by shops and cafes. The letting to Speechly Bircham follows the successful letting of 2 and 3 New Street Square to Deloitte and 5 New Street Square to Taylor Wessing LLP. CB Richard Ellis and Jones Lang LaSalle advised Land Securities and GVA Grimley advised Speechly Bircham. Churston Heard is advising Land Securities on the 22,500 sq ft retail element of the scheme. For more information please visit www.newstreetsquare.co.uk -Ends- For further information, please contact: Mel Winsor/Mike Hussey Stephanie Highett / Dido Laurimore Land Securities Group PLC Financial Dynamics T +44 (0)20 7413 9000 T +44 (0)207 831 3113 Notes to editors: Please visit www.newstreetsquare.co.uk Land Securities Land Securities is the UK's leading real estate investment trust. Half our multi-billion pound portfolio is in London, where we own many landmark buildings such as the Piccadilly Lights and Westminster City Hall and are developing some of the Capital's most innovative mixed-use schemes, such as Cardinal Place, Victoria and Park House on Oxford Street. Land Securities' investment portfolio also includes around 60 retail parks and shopping centres such as the Bullring in Birmingham. We are also one of the leading names in property outsourcing, and through urban community development are involved in long-term, large-scale regeneration projects in the south-east. Land Securities is the UK's leading REIT with a national portfolio of commercial property worth over £14 billion, which includes some of Britain's best-known shopping centres as well as London landmarks such as the Piccadilly Lights. Our multi billion pound development programme is transforming regional city centres, key sites in Central London and delivering long-term, large-scale regeneration projects in the south-east. We are also the principal name in property outsourcing and partnerships. This information is provided by RNS The company news service from the London Stock Exchange
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