Holding in Company

Land Securities PLC
5 January 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     LAND SECURITIES PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     PRUDENTIAL PLC

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

     HOLDING OF SHAREHOLDER NAMED IN 2) ABOVE

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

     SEE SCHEDULE BELOW

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     £1 ORDINARY SHARES

10)  Date of transaction

     3/1/2001

11)  Date company informed

     4/1/2001

12)  Total holding following this notification

     26,147,834
               
              
13)  Total percentage holding of issued class following this notification

     4.99%

14)  Any additional information



15)  Name of contact and telephone number for queries

     PETER DUDGEON - 020 7413 9000

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification ....5 JANUARY 2001............................



                NOTIFIABLE POSITION FOR LAND SECURITIES ORD GBP1
                             AS AT 03 JANUARY 2001

Percentage holdings are calculated using an issued share capital of 523,613,198
ORD GBP1 shares

                   
Prudential plc                                26,147,834  4.99  Total Notifiable

                                                                Interest

             M&G(LOMBARD ST) NOMS FPR             35,000 
             M&G(LOMBARD ST) NOMS P               46,000
             MAGIM HSBC GIS NOM(UK) SALI         117,501
             PRUCLT HSBC GIS NOM(UK) PAC AC   25,891,145
             PRUCLT HSBC GIS NOM(UK) PPL AC       58,188


The Prudential Assurance Company Limited      26,066,834  4.97

             MAGIM HSBC GIS NOM(UK) SALI         117,501
             PRUCLT HSBC GIS NOM(UK) PAC AC   25,891,145
             PRUCLT HSBC GIS NOM(UK) PPL AC       58,188