Response to Hellenic Capital Market Commission

Following the corporate announcement dated 19.01.2016 and in response to the letter addressed to LAMDA DEVELOPMENT S.A. by the Hellenic Capital Market Commission (prot. no 162/20.01.2016), LAMDA DEVELOPMENT S.A. further announces that the consideration for the acquisition of the remainder 66% of the share capital of the renamed company «Malls Management Services S.A.» amounted to 3,600,000 euro.