Announcement

LAMDA Development S.A. informs the investors that following the relevant decision of the Annual General Meeting of Shareholders dated 5.5.2009, during the period from 6.5.2009 to 5.5.2011 the total number of shares acquired amounted to 679.311, at an average purchase price of euro 6,12.

The total number of own shares that the Company holds, amounts to 3.010.078 shares, with an average purchase price of euro 5,21 and represents 6,80% of its share capital.