PLAZA CENTERS N.V. - NOTIFICATION OF MAJOR INTEREST IN SHARES

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 20 / 2012

Date of issue: 2012-12-04

Short name of the issuer

PLAZA CENTERS N.V.

Subject

NOTIFICATION OF MAJOR INTEREST IN SHARES

Official market - legal basis

Inne uregulowania

Unofficial market - legal basis

Contents of the report:

Plaza Centers N.V. ("Plaza" or the "Company"), announces that it received notification on 03 December 2012 that the AVIVA Open Pension Fund BZ WBK S.A. of Poland, has decreased its holding in the Company to less than 5% and now holds 14,838,116 shares in the Company, representing approximately 4.99% of the entire issued share capital of the Company. For further details please contact: Plaza Ran Shtarkman, President and CEO Roy Linden, CFO [phone] [phone] FTI Consulting Stephanie Highett/Daniel O’Donnell [phone] Notes to Editors Plaza Centers N.V. (www.plazacenters.com) is a leading 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 dual listed on the Main Board of the London Stock Exchange and, as of 19 October 2007, on the Warsaw Stock Exchange (LSE:"PLAZ", WSE: “PLZ/PLAZACNTR"). 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 is a member of the Europe Israel Group of companies which is controlled by its founder, Mr Mordechay Zisser. It has been active in real estate development in emerging markets for over 17 years.

Annexes

File Description

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 241 241

(street) (number)

(phone number) (fax)

(e-mail) (web site)

(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Date Name Position / Function Signature

2012-12-04 Ran Shtarkman President and CEO