Announcement of the purchase of own shares that might exceed the 25% limit
Pursuant to the relevant resolutions of the Annual General Meeting of the Shareholders and the Board of Directors (dated 22.05.2008) and in accordance with article 5 par.3 of the Regulation of the Committee of European Community No 2273/2003, LAMDA Development S.A. announces that from February 9th,2009 to April 9th, 2009 intends to proceed to purchases of own shares. Taking into account the low liquidity of the relevant market, these purchases might exceed the limit of 25% of the average daily volume, as specified under paragraph 2 of article 5 of the Regulation of the Committee of European Community No 2273/2003. Under no circumstance, these purchases will exceed the 50% limit of the average daily volume as specified under paragraph 2 of article 5 of the Regulation of the Committee of European Community No 2273/2003.
