Pre-letting

Land Securities Group Plc
06 August 2007

6 August 2007

Land Securities Group PLC ('Land Securities')
LAND SECURITIES ACHIEVES 100% OFFICE PRE-LET OF BANKSIDE DEVELOPMENT



Land Securities Group PLC ('Land Securities / Company') today announces that it
has exchanged contracts with the Royal Bank of Scotland plc ('RBS') for the
pre-letting of the Bankside 2&3 development on London's Southbank, SE1.



RBS will take a 20 year lease occupying a total of 377,910 sq ft over the two
buildings, with rental levels of £46.50 being achieved for the best space. This
transaction completes the office space within the 940,000 sq ft mixed-use
estate. Building 1, the Blue Fin Building, is occupied by IPC Media following
its forward sale in May 2004.



Mike Hussey, Land Securities' Managing Director, London Portfolio commented on
the letting:



'Our decision to build Bankside 123 was based on our belief that the Bankside
area has always held the potential to be a diverse and exciting location for
commercial, retail and residential users. Royal Bank of Scotland now joins IPC
Media at our Bankside complex along with a strong list of retailers. Tate Modern
is expanding and new residential schemes are adding to the area's
attractiveness. We are delighted that RBS have recognised that in their
commitment to the scheme and look forward to welcoming them into their new
offices.'



Located behind Tate Modern, Bankside 123 has created a diverse and vibrant
environment for the area's expanding business community, retailers and
residents. The trio of buildings set within interconnected public spaces will
open up access from Southwark to the riverside.



CB Richard Ellis represented Land Securities and Drivers Jonas advised RBS.

The retail element of the scheme is being marketed through CB Richard Ellis.



For further information on the scheme visit www.bankside123.co.uk



-Ends-

For further info, please contact:


Mel Winsor/Mike Hussey                                   Stephanie Highett/Dido Laurimore
Land Securities Group PLC                                Financial Dynamics
T [phone]                                    T [phone]



Notes to editor:

Land Securities is the UK's leading real estate investment trust. Our national
portfolio of commercial property, worth many billions of pounds, includes some
of Britain's best-known shopping centres, such as the Birmingham Bullring and
Gunwharf Quays in Portsmouth, as well as London landmarks such as the Piccadilly
Lights and Westminster City Hall. We are leading urban renaissance through our
billion pound development programme, transforming Exeter, Bristol and Cardiff
city centres as well as key sites in Central London.  We are also one of the
leading names in property outsourcing and through urban community development
are involved in long-term, large-scale regeneration projects in the south-east.




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