Director/PDMR Shareholding

Land Securities Group PLC (the "Company")

Directors' shareholdings

3 August 2012

Ordinary shares of 10p each ("Shares")

The Company announces that on 2 August 2012, Richard Akers exercised 8,600 share options granted to him on 1 July 2003 under the 2002 Executive Share Option Scheme at an exercise price of 710 pence per share. 8,169 shares were sold at a price of 799 pence per share to provide for the exercise price, commission, tax and national insurance leaving him with a balance of 431 shares.

Following the exercise of options, Richard Akers was interested in the following shares:

Director Ordinary Shares Unvested

 Held Awards Total

Richard Akers 202,604 506,637 709,241

Phil Higgins, Deputy Secretary

0207 024 5219