Re Analyst/Investor Visit

Land Securities Group Plc
03 December 2003



3 December 2003


          HAMMERSON AND LAND SECURITIES HOLD ANALYST/INVESTOR TOUR 
                      OF THE BULLRING, BIRMINGHAM

Hammerson plc and Land Securities Group PLC announce that a group of analysts
and investors are today attending a presentation and tour of the Bullring,
Birmingham.  The slides used in the presentation will be available on both
companies' websites (www.hammerson.co.uk and www.landsecurities.com) from 11am
today.

The presentation is to be made by:-

Ian Henderson, Group Chief Executive, Land Securities
John Richards, Chief Executive, Hammerson
Jon Emery, Project Director, Hammerson
Bob de Barr, Director of Development Partnership, Land Securities


                                     -Ends-


For further information, please contact:

Land Securities Group PLC                         Hammerson plc
Emma Denne                                        Christopher Smith
Head of Corporate Communication                   Director of Corporate Affairs
Tel: [phone]                          Tel: [phone]




Notes to Editors

The Birmingham Alliance

The Birmingham Alliance - a partnership between Hammerson plc, Henderson Global
Investors, and Land Securities Group PLC - has regenerated over 26 acres of
Birmingham in the development of Bullring, Europe's largest city centre
retail-led urban renewal project. The former 1960's Bull Ring Shopping Centre
has been demolished to make way for a series of new squares and covered streets
with 110,000 sq m of modern retail facilities. Opened on 4 September 2003, the
£510 million Bullring provides premier shopping over three levels and restores
historic pedestrian linkages between New Street and High Street, the market area
and the future regeneration area at Eastside and Digbeth.

Hammerson plc

Hammerson plc is a leading European real estate investment and development
company. Established over 50 years ago, the group has operations in the UK,
France and Germany. Its high quality portfolio is valued at around £4 billion,
and provides nearly 1,200,000 sq m of retail space, through a portfolio of
shopping centres and retail parks, and over 200,000 sq m of prime offices in
central London and Paris. Hammerson has a reputation for operating well managed
properties, providing attractive and efficient environments which meet
occupiers' changing needs. Hammerson is currently progressing proposals for the
regeneration of several other major city centres in the UK.

Henderson Global Investors Ltd

Henderson Global Investors is a leading international investment management
company operating worldwide. Employing some 1500 people globally, including over
300 investment professionals, it offers a wide range of investment products and
services to institutions and individuals in Asia Pacific, Europe and North
America. Managing assets of £89 billion, the company's main business areas are
active and fixed interest asset management, property, private capital, listed
investment trusts, retail unit trusts and offshore and hedge funds distributed
through a combination of both retail and wholesale channels. Property is a key
component of Henderson's asset management business. It is a worldwide capability
with operations in the UK, Continental Europe, North America, Australia, New
Zealand and Singapore and has a total of £10.1 billion under management.
Henderson has significant retail expertise. In addition to being a joint venture
partner in The Birmingham Alliance, it is also a 50% shareholder in Pradera, a
specialist manager of out of town retail property funds for Continental Europe.

Land Securities Group PLC

Land Securities Group PLC provides commercial accommodation and property
services to a wide range of occupiers across the United Kingdom. Its £8 billion
portfolio is focused on four core sectors: offices and shops in Central London,
shopping centres, out-of-town retail parks and industrial properties located in
the South East. In addition, the group is a market leader in the new area of
total property outsourcing, providing accommodation and property related
services to Government and major corporations such as BT and the BBC. Through
its extensive development programme, Land Securities is committed to the
retail-led regeneration of several major city centres and brownfield sites in
the south east, as well as new office schemes in central London.

                      This information is provided by RNS
            The company news service from the London Stock Exchange           FIAFALFIIV