Land Securities Regulatory News (LAND)

Land Securities Group PLC

("Company")

Notification of transactions by

Persons Discharging Managerial Responsibilities ("PDMRs")

The Company provides notification of the following transactions effected on 25 June 2015 by the following Executive Directors and other PDMRs relating to their interests in the Ordinary shares of nominal value 10p each in the capital of the Company ("Shares"). The transactions arise from (i) the release and vesting of a deferred Shares award made on 25 June 2014, and (ii) a deferred Shares award made on 25 June 2015, both pursuant to the rules of the Company's Deferred Share Bonus Plan.

¹ Satisfied through the transfer of market purchased Shares from the Company's Employee Benefit Trust

² To cover the personal tax and social security contributions liability that arising immediately on vesting

³ As relates to the annual bonus payable in respect of the Company's 2014/15 financial year

As a result of and including the above transactions, the outstanding aggregate interest held by each individual in the Shares of the Company is as follows:

⁴ Pursuant to the rules of the Company's Executive Share Option Plan and Savings-Related Share Option Plan (as applicable)

⁵ Pursuant to the rules of the Company's Long-Term Incentive Plan, Share Matching Plan and Deferred Share Bonus Plan (as applicable)

⁶ These interests are significantly in excess of the required holding levels for the Executive Directors under the Company's share ownership guidelines

This notice is given in fulfilment of the Company's obligation under DTR 3.1.2R.

END

Company contact:

Michael Arnaouti +44 (0)20 7024 5219

Group Company Secretary