According to article 282 of the Athens Exchange Regulation, LAMDA DEVELOPMENT S.A. notifies that Consolidated Lamda Holdings S.A. shareholder of the Company, on November 10th, 2006 sold 1.329.000 shares that held and as a result the percentage of the total voting rights decreased to 55,677% from 58,695%, with a respective change of the percentage of the total shares of the Company.