LONDON, UNITED KINGDOM -- (Marketwired) -- 07/28/15

Land Securities Group PLC (the "Company") (LSE: LAND) (OTC PINK: LSGOF)

The Company provides notification of the following pre-authorised transactions undertaken by the following Executive Directors and other PDMRs relating to their interests in the Ordinary shares of nominal value 10p each in the capital of the Company ("Shares").

The transactions arise from: (i) the sale on 27 July 2015 of Shares beneficially owned, (ii) the vesting and part sale on 27 July 2015 of Deferred Share Bonus Plan ("DSBP") awards made on 27 July 2012, (iii) the vesting and sale on 28 July 2015 of Long-Term Incentive Plan ("LTIP") and Matching Share Plan ("MSP") awards made on 27 July 2012, and (iv) the exercise and sale on 28 July 2015 of Executive Share Option Plan ("ESOP") awards made on 29 July 2005, with (ii) - (iv) taking place pursuant to the respective Plan rules.

                              Sale of Shares
(i) Sale on 27 July 2015 of   on at 1292p
Shares beneficially owned     per share

Name
Colette O'Shea                10,000

                                              Shares
(ii) Vesting and part sale    Shares          compulsorily    All residual
on 27 July 2015 of DSBP       released and    sold at 1302p   Shares
awards                        vesting (1)     per share (2)   retained
Name (title)
Robert Noel,
(Chief Executive)             12,200          5,755           6,465
Martin Greenslade
(Chief Financial Officer)     11,622          5,474           6,148

(1) Satisfied through the transfer of market purchased Shares from the Company's Employee Benefit Trust
(2) To cover the personal tax and national insurance contributions liability arising immediately on vesting

(iii) Vesting and sale on                     Shares          All residual
28 July 2015 of LTIP and                      compulsorily    Shares sold at
MSP awards                   Shares           sold at 1289p   1289p per
                             vesting (3 )(4)  per share (5)   share

Name
Robert Noel                  221,807          104,250         117,557
Martin Greenslade            150,046          70,552          79,524
Colette O'Shea
(MD, London Portfolio)       57,103           26,839          30,264
Scott Parsons
(MD, Retail Portfolio)       49,489           23,260          26,229

(3) Satisfied through the transfer of market purchased Shares from the Company's Employee Benefit Trust
(4) Vesting at 84.7% of the maximum award based on the performance conditions achieved by the Company for the three-year financial period ended 31 March 2015 (as reported)
(5) To cover the personal tax and national insurance contributions liability arising immediately on vesting

(iv) Exercise and sale on 28  Option          All Shares
July 2015 of ESOP awards      exercised over  sold at 1287p
                              Shares at       per share
                              1280p per
                              share (6) (7)

Name
Colette O'Shea                4,099           4,099

(6) Satisfied through the transfer of market purchased Shares from the Company's Employee Benefit Trust
(7) No performance conditions applied to the award which matured on 29 July 2008

As a result of and including the above transactions, the outstanding aggregate interest held by each PDMR in the Shares of the Company is as follows:

                                                              Interest in
                                              Interest in     Shares
                              Interest in     Shares held     (including
                              Shares held     under long-     those held by
                              under option    term            connected
                              (8)             incentives (9)  persons)

Name
Robert Noel                   -               487,709         260,508 *
Martin Greenslade             3,517           329,461         384,674 *
Colette O'Shea                2,195           139,589         35,364
Scott Parsons                 4,366           135,510         64,400

(8) Pursuant to the rules of the Company's Savings-Related Share Option Scheme
(9) Pursuant to the rules of the Company's LTIP, MSP and DSBP (as applicable)
* These interests are significantly in excess of the required holding levels for the Chief Executive (250% x salary) and Chief Financial Officer (200% x salary) under the Company's share ownership guidelines

This notice is given in fulfilment of the Company's obligation under DTR 3.1.2R.

Company contact:

Michael Arnaouti
+44 (0)20 7024 5219
Group Company Secretary