Share buyback

Hellenic Exchanges- Athens Stock Exchange (ATHEX) informs investors that, based on §4 article 4 of the European Commission Regulation 2273/2003, and in implementation of the decision of the Annual General Meeting of shareholders of the Company of 20.5.2015, it purchased own shares; in particular, on 18.2.2016, 26,500 own shares were purchased, at an average price of EUR4.25 per share, and total transaction cost of EUR112,594.48.

The transactions took place through the member of Athens Exchange “Alpha Finance Investment Services S.A.”.

Announcement in relation to business development

LAMDA DEVELOMENT S.A. announces, the conclusion on February 17, 2016 of the acquisition of 80% of joint ownership in 86 premises located in the office building Kronos Business Center in Maroussi, by its 100% subsidiary LAMDA Estate Development S.A., following the exercise of the repurchase option upon the expiration of the financial lease with Hellas Capital Leasing S.A.

The residual value paid on the signing date of the transfer contract for the abovementioned premises, amounts to €3.872 mil., according to the relevant term of the financial lease.

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