LAMDA Development, announces that according to the Stock Option Plan for members of the Board of Directors and the personnel as well as the affiliated companies, which has been approved by the General Meeting of Shareholders dated 26.6.2006, as now in force, 13 beneficiaries are entitled to exercise, from 1.12.2009 until 15.12.2009, stock options for 138.490 new common registered shares at the exercise price of 7,50 Euro per share.
Depending on the number of stock options to be exercised by the beneficiaries, the Company's Board of Director shall increase the share capital pursuant to article 13 par. 13 of Codified Law 2190/1920, issue new common registered shares and proceed to all actions for the listing of the new shares for trading in the Athens Exchange.