Announcement 04/10/2017

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Athens, 04/10/2017 - Before making a public statement with regards to the resolutions of the Central Archaeological Council (ΚΑΣ) dated 03/10/2017, LAMDA Development S.A. is waiting the official notification in respect of their exact content.

Having reviewed subject resolutions and the accompanied diagrams, the Company shall be able to assess the implications to the Master Plan and the Business Plan, always adhering to the signed and ratified by the Greek Parliament contractual documents.

Finally, it is noted that the importance of the archaeological findings has been included from the beginning in the Company’s undertakings and moreover it is also provisioned both by the relevant legislation and the MOU with the Ministry of Culture, irrespective of the decisions of the State Administration.