Annual Report and Accounts

Plaza Centers N.V.
30 April 2008

30 April 2008


               Plaza Centers N.V. - Annual Report and Accounts 2007

Plaza Centers N.V. ('Plaza' or the 'Company'), a leading emerging markets
property developer, confirms that its 2007 Annual Report and Accounts is
available for viewing at the Company's registered office, Keizersgracht, 241
1016, EA Amsterdam, The Netherlands.

A copy of the document is also available on the Company's website, 
http://www.plazacenters.com/financial_reports.html

This annual report is intended to be brought for shareholders approval at the
AGM to be held in Amsterdam on 27 May 2008. Further details on this AGM will be
sent out in due course.

For further details please contact:

Plaza
Mordechay Zisser, Chairman                                      [phone]
Ran Shtarkman, President and CEO                                [phone]
Roy Linden, CFO                                                 [phone]

Financial Dynamics                                              [phone]
Stephanie Highett/Laurence Jones


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, the Warsaw Stock Exchange (LSE:'PLAZ', WSE: 'PLZ/PLAZACNTR').
Plaza Centers N.V.  is an indirect subsidiary of Elbit Imaging Ltd. ('EIL'), an
Israeli public company whose shares are traded on both the Tel Aviv Stock
Exchange in Israel and 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 12 years.



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