Announcement of regulated information according to Law 3556/2007

ANNOUNCEMENTS OF REGULATED INFORMATION – TRANSACTIONS NOTIFICATION
-

LAMDA Development S.A. (the Company) in accordance with 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, announces that Consolidated Lamda Holdings S.A. on March 12, 2009 acquired 20.400 Company’s registered common shares with total amount of euro 84.102,80.

Consolidated Lamda Holdings S.A. is pursuant to the provisions of Law 3340/2005 a related legal entity with Messrs. F. Antonatos, E.L. Bussetil, P. Kalantzis who are non executive members of the Company’s Board of Directors and Mr. A. Tamvakakis, Vice Chairman, non executive member of the Company’s Board of Directors. It is noted that Mr. A. Tamvakakis was until 17/3/2009 Chairman and CEO of the Company.