Update on WSE Listing

Plaza Centers N.V.
17 October 2007

17 October 2007



PLAZA CENTERS CONFIRMS THE APPROVAL OF THE INTRODUCTION OF ITS SHARES TO THE
WARSAW STOCK EXCHANGE


Plaza Centers N.V. ('Plaza' or the 'Company'), a leading Central and Eastern
European ('CEE') emerging markets developer of shopping and entertainment
centres, is pleased to confirm that on 16 October 2007, the Management Board of
the Warsaw Stock Exchange adopted Resolution No. 800/2007 whereby it resolved
to:

  • introduce 292,346,087 (two hundred and ninety-two million, three hundred
    and forty-six thousand and eighty-seven) shares of Plaza Centers N.V. with
    its registered seat in Amsterdam (the Netherlands), with a nominal value of
    €0.01 (one eurocent) each (the 'Shares'), to exchange trading on the main
    market by way of an ordinary procedure as of 19 October 2007, under
    reference code 'NL0000686772'
  • list the Shares in the continuous listing  system under the abbreviated
    name 'PLAZACNTR' and symbol 'PLZ'.


Following the introduction of the Shares to trading on the Warsaw Stock Exchange
('WSE'), Plaza will be the first property company to achieve a dual listing in
London (where it is listed on the Main Board of the London Stock Exchange) and
Warsaw.

Plaza has been highly active in CEE and Poland since 1996. It has built, managed
and sold a total of seven shopping centres located across Poland. It is also
poised to start construction on a further three shopping and entertainment
centres located in Suwalki, Torun and Zgorzelec and a mixed-use project in Lodz.
The Company also continues to seek further investment opportunities in the
country.

Commenting on its WSE listing, Ran Shtarkman, President and CEO of Plaza Centers
N.V., said:

'We are delighted that our move to list our shares on the WSE has been approved.
Plaza's strong profile and reputation in CEE has resulted in growing investor
appetite, both in Poland and the wider CEE region, to invest in the Company
through a local Stock Exchange.

'The WSE has been extremely active over the past few years, with fast-increasing
levels of investment activity from both institutional and retail investors.  We
are confident that this dual listing represents an attractive strategic move for
the Company, and we believe it will benefit all our shareholders in terms of
generating increased liquidity in the shares.'





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/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