In accordance with Regulation of the Committee of European Community no 2273/2003, article 4, par.4, LAMDA Development S.A. ("the Company") announces that according to Company Law 2190/1920, article 16, par. 5, and following the decision of the Annual General Meeting of the Shareholders of the Company dated May 24, 2007 and the Board of Directors' resolution dated August 2, 2007 purchased own shares through the Athens Exchange Member National Securities, as follows:
On March 6, 2008 the Company purchased 2.500 shares, with average cost price euro 9,70 per share and total purchase price euro 24.250,00.
On March 7, 2008 the Company purchased 1.910 shares, with average cost price euro 9,70 per share and total purchase price euro 18.528,40.