Notification concerning changes in voting rights (L.3556/2007)

LAMDA Development S.A. (hereinafter “the Company”) announces, in accordance with the provision of article 14 Law 3556/2007 and following relevant notifications submitted thereto, that on the 5th of June, 2015 the participation of three investment funds, controlled by TPG – Axon Management L.P. and indirectly by Mr. Dinakar Singh, fell to 0% of the share capital and the voting rights of the Company, from 7.88% based on a previous notification.

The previous day preceding the critical transaction, the participation of the three investment funds was 8.0% of the share capital and the voting rights of the Company.