LAMDA DEVELOPMENT S.A.

Schedule of Intended Corporate Actions

As part of the Company''s obligations to inform the investing public, LAMDA Development S.A. announces the schedule of intended corporate actions for year 2007:
- Release of fiscal year 2006 results: Monday, 12 March 2007
- Annual General Shareholder Meeting: Thursday, 24 May 2007
- Ex - dividend date: Wednesday, 30 May 2007 (Entitled to dividend are shareholders at the end of the Athens Exchange trading session on Tuesday 29 May 2007)
- Release of first quarter 2007 results: Tuesday, 29 May 2007
- Dividend payment through a bank, which will be announced at a later date: Thursday, 7 June 2007
- Release of first semester 2007 results: Monday, 27 August 2007
- Release of nine month 2007 results: Wednesday, 7 November 2007
The annual briefing of analysts regarding the financial results will be conducted by the Company on Thursday 15, March 2007.
The Company would like to clarify that the results will be released after the end of the Athens Exchange trading session on the release day to the Company''s web site (www.lamda-development.net) as well as the website of Athens (www.athex.gr).
The results will be published in the press the next working day, following their announcement.