LAMDA Development group of companies - participation in Morgan Stanley's 6th Annual European Property Conference

Wednesday 04 July 2003

PRESS RELEASE

The LAMDA Development group of companies actively contributes toward upgrading real estate development in our counrty by participating in Morgan Stanley's 6th Annual European Property Conference

LAMDA Development participated in Morgan Stanley’s 6th Annual European Property Conference, which took place with great success on Thursday and Friday, 26-27 June 2003. The Conference, which was hosted for yet another year at the Landmark Hotel in London, is considered one of the most important industry conferences and is recognized as a major event for real estate companies listed on European stock exchanges. LAMDA Development was the only Greek company that was invited to participate in the Conference.

Participants included the leading European real estate companies as well as some of the most prominent global investment institutions specializing in real estate and other areas. The Conference topics were addressed during company presentations from the leading European companies and real estate developments. The presentations were conducted by Morgan Stanley’s analysts and upper-level executives.

The commencement of the Conference was marked with a speech from Mr. Fareed Zakaria, the publisher of Newsweek International and an analyst for ABCNEWS.

LAMDA Development’s participation at the above event confirms once again the company’s leading position in the markets of land, sea and air infrastructure development.

To Editors:

For further information please address CIVITAS,
Pandora Lycouri +30 210 6852400 (ext. 203), +30 210 6835 403
Nectaria Metrakou +30 210 6852400 (ext. 230), +30 210 6835404