Re. Lettings

Land Securities Group Plc
13 April 2005



13 April 2005





Land Securities Group PLC ('Land Securities' / 'Group')


Land Securities unveils premier retail line-up at the heart of a new Victoria




Land Securities announces that it has exchanged contracts with a number of
retailers for space totalling 30,500 sq ft (2,833 sq m) at Cardinal Place,
introducing an impressive retail offer to the heart of Victoria.



The retail element of the development, which is anchored by a 37,200 sq ft
(3,400 sq m) Marks & Spencer, is now over 80% pre-let.  The lettings, which
include 10 retailers new to Victoria, will create a seven-day trading location
for people working and living in the area.



Commenting on the new lettings, Mike Hussey, Managing Director, Land Securities
London Portfolio, said:  'In the past Victoria has been something of a missed
retail opportunity.  The shopping experience at Cardinal Place provides a
welcome transformation for this part of the West End set alongside some of the
most innovative commercial and public space to be developed in London for many
years.'



Retail rental levels in the development are in the region of a £210 per sq ft
plus turnover provisions at an average lease term of 15 years. The total income
per annum for the retail element of the scheme is expected to exceed £4.5
million.



The retailers on the Victoria Street frontage of the scheme will include Zara,

Top Shop/Top Man, Jones the Bootmaker, Monsoon, Goldsmiths, Molton Brown, Hawes
& Curtis and Accessorize.   Other lettings currently in solicitors' hands
include a purpose built cafe and restaurant quarter opening in late summer 2005.



The retail line up is now as follows:


Marks & Spencer (incl food hall)                             37,200 sq ft          3,400 sq m
Zara                                                          6,332 sq ft            588 sq m
Top Shop/Top Man                                              4,100 sq ft            381 sq m
Molton Brown                                                  1,075 sq ft            100 sq m
Monsoon                                                       3,607 sq ft            335 sq m
Jones the Bootmaker                                           1,994 sq ft            185 sq m
Accessorize                                                   1,055 sq ft             98 sq m
Goldsmiths                                                    2,148 sq ft            200 sq m
Hawes & Curtis                                                1,578 sq ft            147 sq m
Thorntons                                                       686 sq ft             64 sq m
Specsavers                                                    1,598 sq ft            148 sq m
Boots The Chemist                                             4,212 sq ft            391 sq m
Lloyds Bank                                                   2,062 sq ft            192 sq m



For further information please contact:



Melissa Winsor
Land Securities
Tel: [phone]



Dido Laurimore/Stephanie Highett
Financial Dynamics
Tel: [phone]



Note to Editors

Land Securities is a FTSE 100 company, quoted on the London Stock Exchange.  It
has been at the forefront of the UK's commercial property industry for 60 years.
  Today, the Group maintains its market leading position as the UK's largest
quoted property company by providing commercial accommodation and property
services to a wide range of occupiers.  The Group's objective is to create
attractive and sustainable returns for its shareholders through its activities,
which include property investment, development and property outsourcing.



Land Securities holds a market leading position in three areas of the UK
commercial property market:



•         Retail

•         London offices and

•         Property outsourcing.



Its £8.9 billion investment portfolio includes office space in Central London
and substantial retail holdings in Oxford Street, Tottenham Court Road and
Notting Hill Gate.  In addition the Group owns 18 shopping centres and 25 retail
parks located across the UK.



It has a substantial development programme with a number of development projects
including major retail-led urban regeneration schemes and Central London
mixed-use developments.  The Group is also masterplanning one of Europe's
largest regeneration schemes in Kent Thameside.



The Group leads the market in property outsourcing where, through Land
Securities Trillium, it provides accommodation and property-related services to
the Department for Work and Pensions, the BBC, Norwich Union, Barclays Bank,
DVLA and through a joint venture, Telereal, to BT.



The Group is committed to environmental initiatives and community involvement
recognised by the Group's inclusion in the BiTC Corporate Responsibility Index,
FTSE4Good Index and the Dow Jones Sustainability Index.




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