Announcement of regulated information according to Law 3556/2007

LAMDA Development S.A. (hereinafter “the Company”), pursuant to the provisions of Laws 3556/2007 and 3340/2005, as well as the Decision 1/434/3.7.2007 of the Hellenic Capital Market Commission, after relevant notifications submitted, announces that the following persons acquired on 22.7.2014 Company’s registered common shares with voting rights due to their participation in the recent Share Capital Increase of the Company:

· The company “Consolidated Lamda Holdings S.A.” (hereinafter “CLH”) acquired 18,312,012 Company’s registered common shares with voting rights for a consideration of 77,826,051.00 euros. CLH is pursuant to the provisions of Law 3340/2005 as well as the decision 3/347/12.07.2005 of Hellenic Capital Market Commission, a related legal entity with Mr. Peter Kalantzis who is Chairman and non executive member of the Company’s Board of Directors as well as Mr Photios Antonatos, non executive member of the Company’s Board of Directors.

· Mr. Evangelos Chronis, Vice Chairman - Non Executive Member of the Board of Directors of the Company, acquired 3,973 Company’s registered common shares with voting rights for a consideration of 16,885.25 euros.

· Mr. Odisseas Athanassiou, Chief Executive Officer of the Company, acquired 39,734 Company’s registered common shares with voting rights for a consideration of 168,869.50 euros.

· Mr. Ioannis Giannakopoulos, Chief Legal Counsel of the Company, acquired 2,860 Company’s registered common shares with voting rights for a consideration of 12,155.00 Euros.

· Mr. Dimitrios Zontanos , Deputy Development Director, acquired 1,192 Company’s registered common shares with voting rights for a consideration of 5,066.00 Euros