PLAZA CENTERS N.V. - EUR 20 MILLION CAPITAL INJECTION FOR THE PURPOSE OF THE IMPLEMENTATION OF THE RESTRUCTURING PLAN

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 33 / 2014

Date of issue: 2014-11-28

Short name of the issuer

PLAZA CENTERS N.V.

Subject

EUR 20 MILLION CAPITAL INJECTION FOR THE PURPOSE OF THE IMPLEMENTATION OF THE RESTRUCTURING PLAN

Official market - legal basis

Inne uregulowania

Unofficial market - legal basis

Contents of the report:

Following the Extraordinary General Meeting of the Company held earlier today, at which all resolutions to approve the Rights Offering were adopted, and the subsequent opening of the Rights Offering, the Company is pleased to announce that Elbit Ultrasound (Luxembourg) B.V. / S. à. r. l. (“EUL"), a wholly-owned subsidiary of Elbit Imaging Limited and Burlington Loan Management Limited (“BLML"), an affiliate of Davidson Kempner Capital Management LP, have made an aggregate capital injection of EUR 20 million into the Company by the deposit of funds into a third party account for the account of the Company, of which EUR 12.5 million have been deposited by EUL and EUR 7.5 million by BLML. EUL has taken up the required number of shares immediately following the opening of the Rights Offering and, as part of the capital injection, has, together with BLML, deposited EUR 20 million up front in order to ensure that the capital injection required under the Restructuring Plan takes place before 30 November 2014. The monies have been received and are currently held in the third party account (notariële kwaliteitsrekening) of a Dutch civil-law notary, for the account of the Company. The aggregate number of shares to be issued to EUL and BLML, and the aggregate price paid by them, may be reduced, as a result of other shareholders participation in the Rights Offering and according to the provisions of the agreements between parties, EUL may require that certain number of shares will be subscribed for by and issued to BLML. Notwithstanding the foregoing, the capital injection as a result of the Rights Issue will never be less than EUR 20 million. The determination of number of relevant shares to be issued to each of EUL and BLML and the issuance and settlement of the relevant shares to EUL and BLML will take place following the closing of the Rights Offering. The capital injection described above marks an important step in the final part of the implementation of the Company’s Restructuring Plan. For further details, please contact: Plaza Ran Shtarkman, President and CEO Roy Linden, CFO Tel: [phone] Tel: [phone] SPARK Advisory Partners Limited Mark Brady, Partner Neil Baldwin, Partner Tel: [phone] Tel: [phone] FTI Consulting Stephanie Highett / Dido Laurimore / Claire Turvey Tel: [phone]

Annexes

File Description

Plaza Centers -EUR 20 MILLION CAPITAL INJECTION - 28 11 @09 24.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

2014-11-28 Ran Shtarkman President and CEO