Director Shareholding

Land Securities PLC
5 April 2002



                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company

Land Securities PLC

2. Name of director

Michael Griffiths

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest

As above

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)

As above

5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

As above

6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

PEP - Dividend Reinvestment

7. Number of shares / amount of stock acquired

6

8. Percentage of issued class

Immaterial

9. Number of shares/amount of stock disposed




10. Percentage of issued class




11. Class of security

Ordinary shares

12. Price per share

891.0p

13. Date of transaction

2nd April 2002

14. Date company informed

4 April 2002

15. Total holding following this notification

34,937 ordinary shares

16. Total percentage holding of issued class following this notification

0.007%

17. Any additional information




18. Name of contact and telephone number for queries

Peter Dudgeon 0207 413 9000

19. Name and signature of authorised company official responsible for making
this notification

Peter Dudgeon, Company Secretary

Date of Notification

4 April 2002



                      This information is provided by RNS
            The company news service from the London Stock Exchange