Re. Letting

Land Securities Group Plc
03 May 2005



3 May 2005



Land Securities Group PLC ('Land Securities' / 'Group')


Land Securities completes mid town letting with
Deloitte for new headquarters building in EC4



Land Securities Group PLC announces that it has exchanged contracts with
Deloitte for the letting of Building B at the 'New Street Square' development on
New Fetter Lane, EC4.



Deloitte will occupy Building B, comprising 209,360 sq ft (19,500 sq m) of
offices over 10 floors, with an option over a further 42,300 sq ft (3,930 sq m)
in Building C.  The offices will be ready for fit out in the Summer of 2007 and
is the first letting in this four building scheme.



As part of the transaction, Land Securities will assume responsibility for the
Deloitte leases at Arundel Great Court of approximately 250,000 sq ft.  The
anticipated cost, associated with these voids, has been included in the total
transaction costs.



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

'We are delighted to welcome Deloitte to New Street Square, a development which
will provide a new contemporary environment for corporate professional occupiers
in the heart of London.'



David Gill, head of property and corporate services at Deloitte, said; 'New
Street Square is an excellent location which will provide a modern working
environment for our people.'



The Bennetts Associates designed development replaces an assortment of post war
office blocks with four contemporary office buildings, all of which open onto a
new landscaped central square lined by shops and cafes.  The letting to Deloitte
leaves approximately 424,000 sq ft of offices and circa 30,000 sq ft of retail
available within the scheme, which may be built speculatively.



CB Richard Ellis acted for Land Securities and Jones Lang LaSalle advised
Deloitte.  CB Richard Ellis and Jones Lang LaSalle are joint leasing agents for
the development.



                                     -Ends-




For further information please contact:



Emma Denne
Land Securities
Tel: + 44 (0)20 7413 9000



Stephanie Highett / Dido Laurimore
Financial Dynamics
Tel: + 44 (0)20 7831 3113




Notes to Editors



For further information on the scheme, please visit www.newstreetsquare.co.uk.



Land Securities Group PLC



Land Securities is a FTSE 100 company, quoted on the London Stock Exchange.  It
has been at the forefront of the UK's commercial property industry for 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 and sustainable returns for its shareholders through its activities,
which include property investment, development and property outsourcing.



Land Securities holds a market leading position in three areas of the UK
commercial property market:



•         Retail,
•         London offices and
•         Property outsourcing.


Its £8.7 billion investment portfolio includes more than 810,000 sq m of office
space in Central London and substantial retail holdings in Oxford Street and
Tottenham Court Road.  In addition the Group owns 21 shopping centres and 25
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.



For more information on Land Securities visit www.landsecurities.com.




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