Director Shareholding

Land Securities Group PLC (the "Company")

Directors' shareholdings

10 January 2013

Ordinary shares of 10p each ("Shares")

The Company was advised that the following directors obtained shares through the scrip dividend on 10 January 2013 at a price of 811.4p per ordinary share:

Director Number of shares

Alison Carnwath 1,233

Martin Greenslade 1,771

Following receipt of the scrip dividend, the aforementioned directors were beneficially interested in shares as at 10 January 2013 as follows:

Director Beneficially Held Unvested

Ordinary Shares Awards Total

Alison Carnwath 136,476 0 136,476

Martin Greenslade 229,293* 458,513 687,806

\* The total shares for Martin Greenslade include 587 shares acquired by his spouse previously under the scrip dividend scheme.

Lucy Turner

Assistant Company Secretary

0207 024 5246