Announcement in accordance to article 9, par. 5, and article 21 of L. 3556/2007

“LAMDA DEVELOPMENT HOLDING & REAL ESTATE DEVELOPMENT CO. S.A” (hereinafter the “Company”), pursuant to the provisions of articles 9, par. 5 and 21 of L. 3556/2007 and in relation to decision 1/434/03.07.2007 of the Board of Directors of the Hellenic Capital Market Commission, informs the investors that following the:

(a) completion and subscription in full of the Share Capital increase in cash, decided by the Extraordinary General Meeting of the Company’s shareholders dated 29.04.2014 and specified by the Board of Directors’ resolution at its meeting on 18.06.2014, and,

(b) the commencement of trading on 22.07.2014 of the 35,294,117 new common registered with voting rights shares of the Company, issued as a result of the abovementioned Share Capital increase, the paid-in Share Capital of the Company amounts to €23,911,939.20, and is divided into 79,706,464 new common registered with voting rights shares of nominal value of €0.30 each.

It is noted that the total capital raised through the aforementioned Share Capital Increase of the Company, amounting to €146.5 million, after the deduction of the costs and expenses of the issuance of €3.5 million, shall be used pursuant to the provisions in section 4.2 of the Prospectus dated 19.06.2014.

Marousi, 24.07.2014