Hammerson Martineau Galleries Limited

PAYMENT OF THE PRINCIPAL AND INTEREST ON THE £200,000,000 10 PER CENT. FIRST MOR TGAGE DEBENTURE STOCK 2027 OF LAND SECUR ITIES PLC AND ALL OTHER MONIES INTENDED TO BE SECURED BY THE ABOVE DEED, BY THE TRUST DEED DATED 1.10.91 (THE "TRUST DEE D") AND BY THE DEEDS SUPPLEMENTAL THERET O DATED 31.3.93, 8.4.93, 7.2.95, 11.10.9 6, 7.9.98, 30.3.99, 28.9.99, 29.2.2000, 18.8.2000 AND 5.12.2000 TO WHICH IT IS S UPPLEMENTAL.

THE PRINCIPAL AND INTEREST ON THE £400,0 00,000 10 PER CENT. FIRST MORTGAGE DEBEN TURE STOCK 2025 OF LAND SECURITIES PLC A ND ALL OTHER MONEYS INTENDED TO BE SECUR ED BY THE SUPPLEMENTAL DEED AND A TRUST DEED DATED 8 NOVEMBER 1985 (THE "TRUST D EED") AND DEEDS DATED 2 MAY 1986, 29 AUG UST 1986, 23 APRIL 1987, 23 APRIL 1987, 28 MAY 1987, 27 AUGUST 1987, 29 MARCH 19 88, 23 FEBRUARY 1989, 31 MARCH 1989, 31 MARCH 1989, 5 OCTOBER 1990, 5 OCTOBER 19 90, 26 MARCH 1992,19 AUGUST 1992, 23 OCT OBER 1992, 18 NOVEMBER 1992, 31 MARCH 19 93, 31 MARCH 1995, 11 OCTOBER 1996, 13 J ANUARY 1997, 19 MARCH 1997, 22 JULY 1997 , 5 SEPTEMBER 1997, 12 OCTOBER 1998, 15 APRIL 1999, 14 SEPTEMBER 1999, 19 NOVEMB ER 1999, 18 AUGUST 2000 AND 27 SEPTEMBER 2000 ALL OF WHICH ARE SUPPLEMENTAL TO T HE TRUST DEED.

SECURING THE PRINCIPAL OF AND INTEREST O N THE £200,000,000 10% FIRST MORTGAGE DE BENTURE STOCK 2027 OF LAND SECURITIES PL C AND ALL OTHER MONEYS INTENDED TO BE SE CURED BY THE TRUST DEED AND THE DEEDS SU PPLEMENTAL THERETO

SECURING THE PRINCIPAL OF AND INTEREST O N THE £400,000,000 FIRST MORTGAGE DEBENT URE STOCK 2025 OF LAND SECURITIES PLC AN D ALL OTHER MONEYS INTENDED TO BE SECURE D BY THE TRUST DEED AND THE DEEDS SUPPLE MENTAL THERETO