Extraordinary General Meeting Resolutions 23-9-2014

GENERAL MEETINGS
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The Extraordinary General Meeting of the Shareholders of LAMDA Development S.A., which was held on the 23rd September 2014, in Maroussi, Attica, at the headquarters of the Company, was lawfully attended by 43 shareholders representing 56,478,953 common registered shares of a total of 79,706,464 common registered shares and there was a 70.86% quorum of the paid-up Company Share Capital. The Meeting discussed and took decisions on the item of the agenda, as follows:

Amendment of Sections 10, 15, 19 and 23 of the Articles of Association of the Company pursuant to the provisions of the Shareholders Agreement entered into by Consolidated Lamda Holdings, the GSO Shareholders and the Company on 26.8.2014.

The Amendment of Sections 10, 15, 19 and 23 of the Articles of Association was approved, pursuant to the provisions of the Shareholders Agreement entered into by Consolidated Lamda Holdings, the GSO Shareholders and the Company on 26.8.2014.

FOR

56.478.953

shares

(100,00%)

AGAINST

0

shares

(0,00%)

ABSTAIN

0

shares

(0,00%)