Disclosure of Short Position - Land Securities Group Plc

3/19/2009, 4:15 PM (Source: GlobeNewswire)
Form TR-3. FSA Version 1.0 June 2008

| TR-3[1]: | Disclosure of Disclosable Short Position relating to |
| | Securities which are the subject of a rights |
| | issue[2] |

| 1. Full name of person(s) holding the | Davidson Kempner |
| disclosable short position[3]: | International, Ltd. |
| 2: Name of the issuer of the relevant | Land Securities Group Plc |
| securities | |
| 3: Disclosable short position[4] | .35% |
| 4. Date that disclosable short | 18 March 2009 |
| position was reached or exceeded | |

[1] This form, or the information contained within it, should be
disclosed via an RIS using the short code DSP. Issuers should conform
the commencement of the rights issuer period with a disclosure, via
an RIS, using the short code ARI.
[2] This form relates to the disclosure of short positions in
compliance with amendments to MAR 1.9 market abuse (misleading
behaviour) and market abuse (distortion) of the Market Conduct
Sourcebook (MAR). Further material on this can be found in the FSA's
press release of 13 June 2008,
and the related FAQ document on the FSA's website.
[3] Specify the owner or controller of the interest. The naming of
nominees or vehicle companies is insufficient. In the case of
positions held by fund managers on behalf of discretionary clients,
the clients need not be named. Market makers as defined in the
Glossary of Definitions in the FSA Handbook and acting in their
capacity as such may be exempt from disclosure of own account
positions: see the definition of "disclosable short position".
Positions may be aggregated in some cases. See FAQ document for
further details.
[4] Figure to be expressed as a percentage of issued share capital.
Disclosable short position is defined in the Glossary of Definitions
in the FSA Handbook. Positions must be disclosed on a net basis of
all holdings. All financial instruments that represent a direct
interest or direct economic interest in the relevant issuer must be
included within such holdings.
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