Acquisition of Own Shares
Following the decision of the Board of Directors dated 22.05.2008, LAMDA Development S.A. announces, that following the decision of the Annual General Meeting of the Shareholders dated 22.05.2008, which approved the acquisition of own shares in accordance with article 16 of C.L. 2190/1920, the Board of Directors decided at its meeting on 17.02.2009, to purchase own shares equal to a maximum of 10% of the aggregate share capital, i.e. 4.402.995 shares, at a maximum acquisition price of 18 euros per share and a minimum acquisition price of 2 euros per share. The above mentioned acquisition of own shares will take place until 22.05.2009.