Additional Listing

Land Securities PLC
14 June 2002


14 June 2002
                              Land Securities plc

                             ----------------------

Application has been made to the London Stock Exchange Plc and the financial
Services Authority for 957,012 Ordinary shares of £1 each ('shares') to be
admitted to the Official List. It is expected that admission will be granted on
18 June 2002 and that dealings will commence on 19 June 2002.

These shares are being issued as a result of the exercise of share options under
the following schemes;
                                    Scheme                            Shares

Land Securities Executive Share Option Scheme                         50,000
Conversion of 7% Convertible Bonds due 2008                          904,051
6% Guaranteed Convertible Bonds due 2007                                 114
Land Securities Savings Related Share Option Scheme                    2,847


These shares will rank pari passu with the existing issued ordinary shares.



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