Acquisition of Own Shares


In accordance with Regulation of the Committee of European Community no 2273/2003, article 4, par.4, LAMDA Development S.A. (“the Company”) announces that following the decision of the Annual General Meeting of the Shareholders of the Company (dated May 22, 2008) and the Board of Directors’ resolution (dated May 22, 2008 and February 17, 2009) purchased own shares through the Athens Exchange Member National P&K Securities, as follows:

On February 26, 2009 the Company purchased 11.000 shares, with average cost price € 4,66 per share and total purchase price € 51.266,90