Directors' Dealings

Land Securities PLC
3 December 1999


To Company Announcements Office

Land Securities 1989 Profit Share Scheme

In accordance with the Trust Deed of the above Scheme 108 Ordinary shares of £1
each in this Company have been sold or transferred by participants during the
month November 1999 at an average price of £7.39p.

Three of the Directors of this Company are Trustees of the Scheme.  Would you
please therefore amend your records to show their current non-beneficial
holdings as follows: -

Ordinary shares of £1 each

I J Henderson      136,347
JIK Murray         136,347
R Griffiths        136,347

From Land Securities PLC