Notification of appointment of a Market Maker

«LAMDA DEVELOPMENT S.A." (hereinafter the "Company"), a company publicly listed on the Athens Stock Exchange, informs investors that the Stock Markets Steering Committee of the Athens Stock Exchange, during the meeting of December 4, 2014, has approved the undertaking of the role of Market Maker of the shares of the Company, by “Eurobank Equities S.A.", a Member of Helex, in order to improve its liquidity of the listed shares. Market Making activity and obligations will begin on December 8th, 2014.

The Company has entered into a market making agreement with Eurobank Equities S.A. (by and pursuant to Articles 1.3 and 2.4 of the Rules of Helex) with the following basic terms:

1. Eurobank Equities S.A. will be sending quotes to the Trading System of Helex (i.e. simultaneous buy and sell orders) for their own account for the shares of the Company in accordance with the specific provisions set by the relative legislation. For this service, the Company will pay Eurobank Equities S.A. a pre-agreed fee.

2. The above market making contract has a duration of one (1) year.