Announcement

LAMDA Development S.A. informs the investors that following the relevant decisions of the Annual General Meeting of Shareholders (dated 22.5.2008) and the Board of Directors (dated 22.5.2008 and 17.2.2009), during the period from 27.5.2008 to 4.5.2009 the total number of shares acquired amounted to 2.330.767, at an average purchase price of euro 4,94.

The total number of own shares that the Company holds, amounts to 2.635.044 shares, with an average purchase price of euro 5,57 and represents 5,98% of its share capital.