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 24th of June, 2016:

- the legal entity under the name GSO Special Situations Master Fund (Luxembourg) S.à.r.l, sold 300,000 of the Company’s registered common shares with voting rights of total amount Euro 1,275,000.00
- the legal entity under the name GSO Aiquille des Grands Montets (Luxembourg) S.à.r.l. acquired 6,332 of the Company’s registered common shares with voting rights of total amount Euro 25,269.30.

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..