Plaza Centres Plc

Board/Management Information • Dec 16, 2016

Company Announcement

Interim Directors' Statement

Date of announcement 15 December 2016

Reference PZC146/2016

The following is a company announcement issued by Plaza Centres p.l.c. ("The Company") pursuant to the Malta Financial Services Authority Listing Rules:

QUOTE

The Company hereby announces that since the publication of the condensed interim financial statements for the six months ended 30 June 2016 and the September 2016 Announcement regarding the purchase of Tigne Place in Sliema no material transactions took place that would require specific mention, disclosure or announcement pursuant to the applicable Listing Rules.

Since 30 June 2016 occupancy levels as at 30 November 2016 remained high at 99% and are expected to remain the same.

Revenue and profit before tax increased as at 30 November 2016 when compared to the corresponding period in 2015 whilst costs also increased due to the above property acquisition.

Subject to any unforeseen circumstances, the Directors expect the Company's financial results for the year to be in line with their expectations.

UNQUOTE

Signed:

Lionel A.Lapira Company Secretary 15 December 2016