EGM Statement

Plaza Centers N.V.
07 January 2008

7 January 2008







                        Plaza Centers N.V. - Results of EGM


The Directors of Plaza Centers N.V. ('Plaza' or the 'Company'),a leading
emerging markets property developer, are pleased to announce that at its EGM
held on 7 January 2008 all proposed resolutions were passed.




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 11 years.






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