Additional announcement LOV 18-7-2017

Further to its prior announcements dated 15.06.2017 and 17.07.2017, LΑMDA DEVELOPMENT S.A. (hereinafter the “Company”), informs the investors on the following:

The total value for the 100% of the Shopping Center “The Mall Athens”, amounts to €381.2 m. Taking into consideration the bank loan of €193 m., the liabilities and other assets of LAMDA OLYMPIA VILLAGE S.Α. (hereinafter “LOV”) owner of The Mall Athens, the Company paid the amount of €85 m. for the acquisition of the 50% of LOV share capital.