Announcement of regulated information according to Law 3556/2007

ANNOUNCEMENTS OF REGULATED INFORMATION – TRANSACTIONS NOTIFICATION
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LAMDA Development S.A. (the Company) in accordance with the provisions of Laws 3556/2007 and 3340/2005, as well as the Decision 1/434/3.7.2007 of the Hellenic Capital Market Commission, announces that Mr. Theodore Glavas on July 7, 2009 sold 2.500 Company’s registered common shares at a total amount of euro 14.977,67.

Mr. Theodore Glavas is pursuant to the provisions of Law 3340/2005, a related entity with Mrs. Konstantina Karatopouzi, Asset Management Director of the Company.