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

LAMDA Development S.A. announces that further to the commencement of trading in the Athens Exchange of the 144.647 new common registered shares due to the exercise of stock option rights by members of the Board of Directors and Company employees and its subsidiaries, in the sense of article 42e of L.2190/1920, the fully paid up share capital of the Company amounts to euro 13.323.704,10 divided into 44.412.347 common registered shares of a nominal value of euro 0,30 each.

This announcement is placed in accordance to article 9 par. 5 of L. 3556/2007 with view to calculating and defining the acquisition limits or availability of significant participations by shareholders or owners of voting rights