Exercise of stock option rights

LAMDA Development, following the as of 30.11.2011 announcement, by implementing the approved by the Annual General Meeting of the Shareholders dated 23.06.2006, stock option plan for the acquisition of the Company’s shares from the members of the Board of Directors, Company’s employees and its subsidiaries, in the sense of article 42e of C.L.2190/1920 as it was modified according to the decision of the Annual General Meeting dated 20.05.2010, informs the investors that no option rights have been exercised, during the period 01.12.2011 to 15.12.2011.