Plaza Regulatory News (PLAZ)

17 Oct 2007 11:27

Plaza Centers N.V.17 October 2007 17 October 2007 PLAZA CENTERS CONFIRMS THE APPROVAL OF THE INTRODUCTION OF ITS SHARES TO THEWARSAW STOCK EXCHANGE Plaza Centers N.V. ("Plaza" or the "Company"), a leading Central and EasternEuropean ("CEE") emerging markets developer of shopping and entertainmentcentres, is pleased to confirm that on 16 October 2007, the Management Board ofthe Warsaw Stock Exchange adopted Resolution No. 800/2007 whereby it resolvedto: • introduce 292,346,087 (two hundred and ninety-two million, three hundred and forty-six thousand and eighty-seven) shares of Plaza Centers N.V. with its registered seat in Amsterdam (the Netherlands), with a nominal value of €0.01 (one eurocent) each (the "Shares"), to exchange trading on the main market by way of an ordinary procedure as of 19 October 2007, under reference code "NL0000686772" • list the Shares in the continuous listing system under the abbreviated name "PLAZACNTR" and symbol "PLZ". Following the introduction of the Shares to trading on the Warsaw Stock Exchange("WSE"), Plaza will be the first property company to achieve a dual listing inLondon (where it is listed on the Main Board of the London Stock Exchange) andWarsaw. Plaza has been highly active in CEE and Poland since 1996. It has built, managedand sold a total of seven shopping centres located across Poland. It is alsopoised to start construction on a further three shopping and entertainmentcentres located in Suwalki, Torun and Zgorzelec and a mixed-use project in Lodz.The Company also continues to seek further investment opportunities in thecountry. Commenting on its WSE listing, Ran Shtarkman, President and CEO of Plaza CentersN.V., said: "We are delighted that our move to list our shares on the WSE has been approved.Plaza's strong profile and reputation in CEE has resulted in growing investorappetite, both in Poland and the wider CEE region, to invest in the Companythrough a local Stock Exchange. "The WSE has been extremely active over the past few years, with fast-increasinglevels of investment activity from both institutional and retail investors. Weare confident that this dual listing represents an attractive strategic move forthe Company, and we believe it will benefit all our shareholders in terms ofgenerating increased liquidity in the shares." For further details please contact: Plaza Mordechay Zisser, Chairman +972 3 6086000 Ran Shtarkman, President and CEO +36 1 462 7221 Roy Linden, CFO +36 1 462 7105 Financial Dynamics +44 20 7831 3113 Stephanie Highett/Lauren Mills Notes to Editors • Plaza Centers N.V. (www.plazacenters.com) is a leading emerging marketsdeveloper of shopping and entertainment centres, focusing on constructing newcentres and, where there is significant redevelopment potential, redevelopingexisting centres, in both capital cities and important regional centres. TheCompany is an indirect subsidiary of Elbit Medical Imaging Ltd. ("EMIL"), anIsraeli public company whose shares are traded on both the Tel Aviv StockExchange in Israel and the NASDAQ Global Market in the United States. • Plaza Centers is a member of the Europe Israel Group of companies which iscontrolled by its founder, Mr Mordechay Zisser. It has been active in realestate development in emerging markets for over 11 years. This information is provided by RNS The company news service from the London Stock Exchange