PLAZA CENTERS N.V. - UPDATE ON DISPOSAL OF LAND PLOT IN GREECE

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 46 / 2017

Date of issue: 2017-11-23

Short name of the issuer

PLAZA CENTERS N.V.

Subject

UPDATE ON DISPOSAL OF LAND PLOT IN GREECE

Official market - legal basis

Unofficial market - legal basis

Contents of the report:

Plaza Centers N.V. (“Plaza” or the “Company”) announces that, further to previous announcements regarding the disposal of a plot in Piraeus, Greece, an amendment to the agreement has been signed and a new long stop date of 10 December 2017 has been agreed for the conclusion of the transaction. In order to secure the prolonged validity of the initial agreement, the purchaser has paid a €25,000 non-refundable extension fee to Plaza and has an option to extend the long stop date to 20 January 2018 for an additional €25,000. Following receipt of the additional €25,000 extension fee, Plaza has now received a total of €275,000 from the purchaser in non-refundable advance payments in connection with this transaction. Ends For further details, please contact: Plaza Dori Keren, CEO [phone] FTI Consulting Dido Laurimore/ Claire Turvey/ Tom Gough [phone] Notes to Editors Plaza Centers N.V. (www.plazacenters.com) is an emerging markets developer of shopping and entertainment centres. It focuses on constructing new centres and, where there is significant redevelopment potential, redeveloping existing centres in both capital cities and important regional centres. The Company is listed on the Main Board of the London Stock Exchange, as of 19 October 2007, on the Warsaw Stock Exchange (LSE:”PLAZ”, WSE: “PLZ/PLAZACNTR”) and, on the Tel Aviv Stock Exchange. Plaza Centers N.V. is an indirect subsidiary of Elbit Imaging Ltd. (“EI”), an Israeli public company whose shares are traded on both the Tel Aviv Stock Exchange in Israel and on the NASDAQ Global Market in the United States. Plaza Centers has been active in real estate development in emerging markets for over 21 years.

Annexes

File Description

17 11 23 PR_Update on disposal of land plot in Greece_final.pdf

PLAZA CENTERS N.V.

(fullname of the issuer)

PLAZA CENTERS N.V. Budownictwo (bud)

(short name of the issuer) (sector according to clasification of the WSE in Warsow)

1016EA Amsterdam

(post code) (city)

Keizergracht 241

(street) (number)

(phone number) (fax)

(e-mail) (web site)

(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Date Name Position / Function Signature

2017-11-23 Dori Keren CEO