Directorate Change

Land Securities Group Plc
06 June 2005


6 June 2005


Land Securities Group PLC ('Land Securities' / 'the Group')


Directorate Change


Land Securities announces that Andrew Macfarlane, Group Finance Director, has
resigned to take up the role of Chief Financial Officer at Rentokil Initial plc,
the international business services group.  He will be leaving the Group on 5
August 2005.


Commenting on his decision, Andrew Macfarlane said, 'I have very much enjoyed
the past four years at Land Securities which have been especially rewarding as
we implemented change and delivered a winning strategy.  I have, however, missed
the challenge of working for an international business.  I wish my colleagues at
Land Securities continued success and look forward to the new opportunities that
my role at Rentokil Initial will bring.'


Land Securities' Chairman, Peter Birch, added, 'We are grateful to Andrew for
his contribution to the business and wish him success at Rentokil Initial.  Over
the past four years, we have introduced change across the entire organisation,
the benefits of which have been widely recognised.  In particular we have
received notable accolades for the calibre of our financial reporting and for
the debt restructuring delivered by our group finance and tax and treasury
teams, which Andrew has led.'


Land Securities has begun the process of identifying a new Group Finance
Director and will make a further announcement in due course.


                                    - end -


For further information:


Land Securities

Francis Salway/Emma Denne

020 7413 9000



Financial Dynamics

Stephanie Highett/Dido Laurimore

020 7831 3113



Note to Editors

Land Securities is a FTSE100 company, quoted on the London Stock Exchange.  It
has been at the forefront of the UK's commercial property industry for over 60
years.  Today, the Group maintains its market leading position as the UK's
largest quoted property company by providing commercial accommodation and
property services to a wide range of occupiers.  The Group's objective is to
create attractive, sustainable returns for its shareholders through a strategy
of investing in commercial property in markets and activities where it has
expertise and operational skills, where it can benefit from its risk management
skills and the active recycling of capital.


Land Securities holds a market leading position in three areas of the UK
commercial property market:



-         Retail,

-         London offices and

-         Property outsourcing



Its £9.4 billion combined investment portfolio includes over 10 million sq feet
of office and retail space in Central London and 21 shopping centres and 26
retail parks located across the UK.


It has a substantial development programme with a number of development projects
including major retail-led urban regeneration schemes and Central London
mixed-use developments.  The Group is also master planning one of Europe's
largest regeneration schemes in Kent Thameside.


The Group leads the market in property outsourcing where, through Land
Securities Trillium, it provides accommodation and property-related services to
the Department for Work and Pensions, the BBC, Norwich Union, Barclays Bank,
DVLA and through a joint venture, Telereal, to BT.


The Group is committed to environmental initiatives and community involvement
recognised by the Group's inclusion in the BiTC Corporate Responsibility Index,
FTSE4Good Index and the Dow Jones Sustainability Index.




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