Purchase of Own Securities

Land Securities PLC
21 January 2000


Land Securities plc announces that it has today purchased
for cancellation 1,159,738 of its ordinary shares from
Cazenove & Co. at a price of 667.76p per share.

Enquiries

Jim Murray     Land Securities plc  0171 413 9000

Duncan Hunter  Cazenove & Co.       0171 825 9500