Land Securities PLC
2 April 2001
2 April 2001
Land Securities PLC ('Land Securities' / 'the Group')
APPOINTMENT OF EXECUTIVE DIRECTOR
Land Securities is pleased to announce today the appointment of Francis Salway
to the Board as an executive director. As the Chief Executive Officer of Land
Securities Portfolio Management - a role he assumed following the
restructuring of the Group's operations in January 2001 - he will oversee the
management of Land Securities' £7.7 billion portfolio of investment
properties.
Francis Salway joined Land Securities in October 2000 to head up the Group's
asset management division. Prior to joining Land Securities, he was an
Investment Director of Standard Life Investments where he managed an award
winning unit linked property fund and established a property research team.
Commenting on the appointment, Ian Henderson, Chief Executive of Land
Securities, said:
'Francis has already made a notable contribution to the Group since he joined
in October 2000 and we are delighted to welcome him onto the Board. We look
forward to benefiting from his considerable experience and asset management
expertise as we maintain our strategic focus of enhancing shareholder returns.'
-ENDS-
For further information, please contact:
Land Securities
Ian Henderson/ Emma Denne
Tel : 020 7413 9000
Financial Dynamics
Stephanie Highett/ Paul Davies
Tel : 020 7831 3113
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