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 and the Board of Directors’ resolution (dated May 5, 2009) purchased own shares through the Athens Exchange Member Eurobank EFG Securities Investment Firm S.A., as follows:

On June 12, 2009 the Company purchased 9.600 shares, with average cost price € 6,11 per share and total purchase price € 58.664,21