Considered listing on WSE

Plaza Centers N.V. 06 August 2007 6 August 2007 PLAZA CENTERS CONSIDERS DUAL LISTING ON THE WARSAW STOCK EXCHANGE Plaza Centers N.V. ('Plaza' or the 'Company'), a leading Central and Eastern European ('CEE') emerging markets property developer, announces today that it is currently exploring the possibility of listing its shares on the Warsaw Stock Exchange ('WSE'), thereby achieving a dual listing in London (where it is listed on the Main Board of the London Stock Exchange) and Warsaw. From 2000 to date, the Company has built, managed and sold a total of seven shopping centres located across Poland. In addition, it is preparing to commence construction on a further three shopping and entertainment centres located in Suwalki, Torun and Zgorzelec and continues to seek further investment opportunities in the country. Through these activities, Plaza has built a strong reputation and profile in the CEE and its management has become aware of growing investor appetite, both in Poland and the wider CEE region, to invest in the Company through a local Stock Exchange. In response to this demand, the board of the Company is currently considering the benefits to all existing and potential shareholders of a dual listing on the WSE. If the final decision on the dual listing is made, the admission to trading on the WSE will be sought on the basis of the prospectus that the Company intends to submit to the Netherlands Authority for the Financial Markets (the Stichting Autoriteit Financiele Markten (the ''AFM'') for a formal approval. Plaza will update its shareholders in due course as appropriate. Commenting on its intentions, Ran Shtarkman, President and CEO of Plaza Centers N.V., said: 'Plaza's activities are extremely well known within the region and we have received a number of enquiries from investors in Poland and Central and Eastern Europe wishing to invest in our company. The WSE has been extremely active over the past few years, with fast-increasing levels of investment activity from both institutional (particularly pension and mutual funds) and retail investors. In light of this and the likely benefits it will bring to all our shareholders in terms of increased liquidity in the shares, we believe this dual listing could be an attractive strategic option for the Company.' 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 markets developer of shopping and entertainment centres, focusing 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 an indirect subsidiary of Elbit Medical Imaging Ltd. ('EMIL'), 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 11 years. This information is provided by RNS The company news service from the London Stock Exchange
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