With this announcement and with a view to providing investors with additional information, LAMDA Development S.A. announces that it has proceeded to provide additional analysis in Group income statement for the semi-annual, nine-month and second quarter period of 2005, in order for the results to be comparative with the current period. This had no effect on turnover, results after tax, minority interests, as well as on the company''s and group''s shareholders'''' equity. Specifically, in the Group income statements for the semi-annual, nine-month and second quarter period of 2005, "Earnings before interest, taxes, depreciation & amortization" and "Earnings before interest and taxes" were increased by an amount of euro 2.105.263,00 due to a reallocation from the line item "Share of (loss) / profit of associates" to the line item "Profit / (loss) from participation sale in associates". This amount relates to a profit from the disposal of an associated entity.