Sale of Land Plot in Lodz, Poland

6 September 2018

PLAZA CENTERS N.V.

Sale of Land Plot in Lodz, Poland

Plaza Centers N.V. ("Plaza" or the "Company") announces that, further to the note in its Financial Statements for the six months ended 30 June 2018, the Company has managed to conclude and sell the land plot in Lodz, Poland, known as "Lodz Residential", for a consideration of PLN 1.3 million (circa 0.3 EUR million).

Ends

For further details, please contact:

Plaza

Avi Hakhamov, Acting CEO +36 1 6104523

FTI Consulting

Dido Laurimore / Claire Turvey / Tom Gough +44 20 3727 1000

Notes to Editors

Plaza Centers N.V. (www.plazacenters.com) 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 22 years.