Re: Letting

Land Securities Group Plc
21 April 2006



21 April 2006


LAND SECURITIES GROUP PLC ('Land Securities'/'Group')


Land Securities pre-lets EC2 development to International law firm


Land Securities Group PLC announces that it has exchanged an Agreement for Lease
with Eversheds LLP for the pre-letting of One Wood Street, EC2 for its London
headquarters.


Eversheds has taken an 18 year lease on all of the 165,000 sq ft (15,329 sq m)
office accommodation. The global law firm will occupy all eight floors, with an
option to lease back 20,000 sq ft (1,858 sq m) to Land Securities.  In addition
to the office space, the building incorporates 16,000 sq ft (1,490 sq m) of
ground floor retail which is being let separately.


Purchased by Land Securities for £36.1m in August 2003, the redevelopment of One
Wood Street started in 2005 at a build cost of circa £50m. The Cheapside area
will see further transformation from the redevelopment of the One New Change
scheme, which achieved planning consent in January this year and could start
early next year.


Mike Hussey, Land Securities' Managing Director, London Portfolio commented;

'Eversheds is an important transaction for us and the City market. It underpins
our view that the provision of high quality office accommodation in the City of
London will attract interest from occupiers despite the significant availability
of existing stock.'


Cornelius Medvei, Managing Partner of Eversheds London said: 'These are
prestigious and modern premises that will give Eversheds partners and staff a
wonderful environment in which to work and welcome our clients. This emphasises
our commitment to making sustained long term investment in London and we are
delighted with the contracts that we have signed with Land Securities.'


Land Securities was advised by Knight Frank and Atisreal represented Eversheds.


Strutt & Parker are the appointed agents on the retail element.


-Ends-


For further information please contact:


Mike Hussey / Emma Denne

Land Securities

Tel: [phone]



Stephanie Highett/Dido Laurimore

Financial Dynamics

Tel: [phone]



NOTES TO EDITORS


Land Securities

Land Securities is a FTSE 100 company and has been leading the UK's commercial
property industry for over 60 years.  The Group is the UK's largest quoted
property company and its activities involve investment, development, management
and the provision of property services to a wide range of occupiers.  Its
business focus is on three markets, retail property, London offices and property
outsourcing.  It manages over 70 million sq feet of commercial accommodation.


It has an £11.5 billion investment portfolio stretching the length and breadth
of the United Kingdom from Portsmouth in the south to Aberdeen in the north.  It
owns 32 shopping centres, 28 retail parks and more than 11 million sq ft of
commercial property in Central London.  It has a further 3,000 properties under
management through its property outsourcing business.


The Group employ 1,500 people across the UK.  Its major office locations are
London, Leeds and Glasgow.



Eversheds LLP


Eversheds LLP and its worldwide associate offices have over 2,000 legal and
business advisers providing services to the private and public sector business
and finance community. Access to all these services is provided through our
network of international offices. Eversheds combines local market knowledge and
access with the specialisms, resources and international capability of one of
the world's largest law firms.


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