Company Announcement

Plaza Centres plc (the "Company")

18th Annual General Meeting Held

Date of announcement 30 May 2018 Reference PZC 160/2018 In Terms of Chapter 5 of Listing Rules

QUOTE

At the 18th Annual General Meeting of the Company held today the 30 May 2018; the shareholders considered and approved the following resolutions:

That the financial statements for the year ended 31 December 2017 and the Directors' and Auditors' Reports thereon be and is hereby received and approved.
That a net dividend of €0.0294 per share, which represents a net amount of €831,115 as recommended by the Directors, be and is hereby approved for payment.
That the reappointment of PricewaterhouseCoopers as Auditors of the Company be and is hereby approved and the Board of Directors be and is hereby authorised to determine their remuneration.
The Shareholders resolve that the aggregate emoluments of Directors' be and is hereby changed so that the fixed remuneration of the Directors be increased from €70,000 to €80,000 per annum, and the cap of €70,000 of the variable bonus be reduced to €60,000, accordingly retaining the maximum remuneration of Directors between the two(2) components at €140,000.

That following the sad demise of the former CEO in December of 2017, the Chairman was asked by the board to undertake executive functions for a period of 6 months including during the transition and familiarization period of the new CEO, at an additional remuneration of €2,500 per month to compensate him for the executive role. The meeting hereby approves and ratifies the payment of such additional remuneration to the Chairman.

Signed:

Louis de Gabriele Company Secretary