Re IFRS Seminar

Land Securities Group Plc
23 June 2005



23 June 2005
For immediate release


LAND SECURITIES GROUP PLC ('Land Securities')


LAND SECURITIES HOSTS SEMINAR ON TRANSITION TO INTERNATIONAL FINANCIAL REPORTING
STANDARDS


Land Securities Group PLC ('Land Securities' / 'Group') announces that it is
today holding an International Financial Reporting Standards ('IFRS') seminar at
the London Stock Exchange, Paternoster Square, London, EC4M, which will explain
the technical adjustments made to the Group's UK GAAP financial statements for
the year to 31 March 2005 on the adoption of IFRS.


The seminar will be hosted by Andrew Macfarlane, Land Securities' Group Finance
Director.  The presentations will cover the following topics:-


•       reconciliation of UK GAAP profit and loss account to IFRS income
statement

•       reconciliation of UK GAAP balance sheet to IFRS balance sheet


Land Securities will be issuing a further press release detailing the effect of
IFRS on its income statement and balance sheet at 9.00am and at the same time a
live audio webcast of the presentations will be available on the Group's website
(www.landsecurities.com/IFRS2005).  The presentation slides, speaker notes and
an archive audio webcast will also be available on the website later today.



Important notice

The information contained in this press release and the seminar is based on our
current interpretation of IFRS.



                                     -Ends-


For further information, please contact:

Land Securities                                  Financial Dynamics
Andrew Macfarlane/Emma Denne                     Andrew Dowler/Dido Laurimore
Tel: [phone]                         Tel: [phone]




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 masterplanning 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