Announcement of regulated information of Law 3556/2007

ANNOUNCEMENTS OF REGULATED INFORMATION – TRANSACTIONS NOTIFICATION
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LAMDA Development S.A. (hereinafter 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, and after relevant notifications submitted, announces that on 31st of August, 2015:

- the legal entity under the name GSO Special Situations Master Fund (Luxembourg) S.a r.l. acquired 169,315 of the Company's registered common shares with voting rights of total amount Euro 760,918.54

- the legal entity under the name GSO Aiquille des Grands Montets (Luxembourg) S.a r.l. acquired 49,453 of the Company's registered common shares with voting rights of total amount Euro 222,246.73

- the legal entity under the name GSO Palmetto Opportunistic Investment (Luxembourg) S.a r.l. acquired 12,985 of the Company's registered common shares with voting rights of total amount Euro 58,355.89

- the legal entity under the name GSO Oasis Credit (Luxembourg) Partners S.a r.l. acquired 8,431 of the Company's registered common shares with voting rights of total amount Euro 37,889.76

- the legal entity under the name GSO Cactus Credit Opportunities (Luxembourg) S.a r.l. acquired 7,025 of the Company's registered common shares with voting rights of total amount Euro 31,571.05

- the legal entity under the name επωνυμία GSO Coastline Credit (Luxembourg) Partners S.a r.l. acquired 3,241 of the Company's registered common shares with voting rights of total amount Euro 14,565.38

- the legal entity under the name επωνυμία GSO Credit - A (Luxembourg) Partners S.a r.l. acquired 11,516 of the Company's registered common shares with voting rights of total amount Euro 51,754.06

The abovementioned legal entities are, pursuant to the provisions of Law 3340/2005, legal entities closely related to Mr. Akshay Shah, son of Ashok, who attends the meetings of the Company's Board of Directors as an observer on behalf of the Investment Funds managed by GSO Capital Partners L.P..