PLAZA CENTERS N.V. - COMPLETION OF BOND BUYBACK PROGRAMME (29/2011)

| | POLISH FINANCIAL SUPERVISION AUTHORITY | | | | | | | | | | |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| | | | | UNI - EN REPORT No | 29 | / | 2011 | | | | |
| | Date of issue: | 2011-11-28 | | | | | | | | | |
| | Short name of the issuer | | | | | | | | | | |
| | PLAZA CENTERS N.V. | | | | | | | | | | |
| | Subject | | | | | | | | | | |
| | COMPLETION OF BOND BUYBACK PROGRAMME | | | | | | | | | | |
| | Official market - legal basis | | | | | | | | | | |
| | Inne uregulowania | | | | | | | | | | |
| | Unofficial market - legal basis | | | | | | | | | | |
| | Contents of the report: | | | | | | | | | | |
| | Plaza Centers N.V. (?Plaza" / ?Company" / ?Group"), a leading emerging markets property developer and investor, today announces that it has completed its buyback of NIS 150 million (approximately ?30 million) of its Series A and Series B Notes, which are traded on the Tel Aviv Stock Exchange. The buyback programme was launched on 23 May 2011. The key details of the completed programme are as follows: BUYBACK THROUGH SUBSIDIARY PURCHASE THROUGH SUBSIDIARY PAR VALUE Average Price PROCEEDS PAID (NIS) Adjusted Par Value PLAZA CENTERS BOND A 13,113,705 84.48 11,078,701 15,524,416 PLAZA CENTERS BOND B 116,595,561 92.83 108,240,049 134,452,316 Total 129,709,266 119,318,751 149,976,733 DIRECT PURCHASE BY PLAZA PURCHASE BY PLAZA CENTERS () PAR VALUE Average Price PROCEEDS PAID (NIS) Adjusted Par Value PLAZA CENTERS BOND A 10,020,936 81.07 8,123,910 11,753,167 PLAZA CENTERS BOND B 25,476,672 88.97 22,665,924 29,061,357 Total 35,497,608 30,789,834 40,814,524 () All bonds purchased directly by Plza Centers N.V.
were cancelled from trading SUMMARY OF ALL PURCHASES PAR VALUE Average Price PROCEEDS PAID (NIS) Adjusted Par Value PLAZA CENTERS BOND A 23,134,641 83.00 19,202,612 27,277,583 PLAZA CENTERS BOND B 142,072,233 92.14 130,905,973 163,513,674 TOTAL PURCHASES BY PLAZA AND SUBSIDIARY 165,206,874 150,108,585 190,791,257 For further details, please contact: Plaza Ran Shtarkman, President and CEO Roy Linden, CFO +36 1 462 7221 +36 1 462 7105 FTI Consulting Stephanie Highett +44 20 7831 3113 Plaza Centers Plaza Centers N.V. (www.plazacenters.com) is a leading property developer and investor with a significant presence across Central and Eastern Europe as well as operations in India and the USA. 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, since 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 15 years. | | | | | | | | | | |
| | Annexes | | | | | | | | | | |
| | File | Description | | | | | | | | | |
| | 11 11 24 Plaza Centers bond buyback update -FINAL.pdf | | | | | | | | | | |

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

| | | PLAZA CENTERS N.V. | | | | | |
| --- | --- | --- | --- | --- | --- | --- | --- |
| | | (fullname of the issuer) | | | | | |
| | | PLAZA CENTERS N.V. | | Budownictwo (bud) | | | |
| | | (short name of the issuer) | | (sector according to clasification of the WSE in Warsow) | | | |
| | | 1016EA | | Amsterdam | | | |
| | | (post code) | | (city) | | | |
| | | Keizergracht 241 | | 241 | | | |
| | | (street) | | (number) | | | |
| | | (phone number) | | | (fax) | | |
| | | (e-mail) | | | (web site) | | |
| | | (NIP)
| | | (REGON) | | |

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY