Announcement of regulated information according to Law 3556/2007

ANNOUNCEMENTS OF REGULATED INFORMATION – TRANSACTIONS NOTIFICATION
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LAMDA Development S.A. (hereinafter 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, and after relevant notifications submitted, announces that on 5th of June, 2015:

- the legal entity under the name GSO Special Situations Master Fund (Luxembourg) S.a r.l. acquired 4,638,736 of the Company’s registered common shares with voting rights of total amount Euro 15,957,251.84 and sold 10,185 of the Company’s registered common shares with voting rights of total amount Euro 39,413.91

- the legal entity under the name GSO Aiquille des Grands Montets (Luxembourg) S.a r.l. acquired 941,325 of the Company’s registered common shares with voting rights of total amount Euro 3,238,158.00 and sold 1,983 of the Company’s registered common shares with voting rights of total amount Euro 7,673.81

- the legal entity under the name GSO Palmetto Opportunistic Investment (Luxembourg) S.a r.l. acquired 327,360 of the Company’s registered common shares with voting rights of total amount Euro 1,126,118.40 and sold 1,137 of the Company’s registered common shares with voting rights of total amount Euro 4,399.96

- the legal entity under the name GSO Oasis Credit (Luxembourg) S.a r.l. acquired 209,732 of the Company’s registered common shares with voting rights of total amount Euro 721,478.08 and sold 1,180 of the Company’s registered common shares with voting rights of total amount Euro 4,566.36

- the legal entity under the name GSO Cactus Credit Opportunities (Luxembourg) S.a r.l. acquired 176,041 of the Company’s registered common shares with voting rights of total amount Euro 605,581.04 and sold 905 of the Company’s registered common shares with voting rights of total amount Euro 3.502,17

- the legal entity under the name επωνυμία GSO Coastline Credit (Luxembourg) S.a r.l. acquired 81,313 of the Company’s registered common shares with voting rights of total amount Euro 279,716.72 and sold 369 of the Company’s registered common shares with voting rights of total amount Euro 1,427.96.

The abovementioned legal entities are, pursuant to the provisions of Law 3340/2005, legal entities closely related to Mr. Akshay Shah, son of Ashok, who attends the meetings of the Company’s Board of Directors as an observer on behalf of the Investment Funds managed by GSO Capital Partners L.P..