Plaza Centers N.V. — Capital/Financing Update 2011

Jan 12, 2011

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C002����� ����� ��.��.2PublicPLAZA CENTERS N.V.6712Corporation no: 33248324Stock Exchange/Market: ����� �����2517380Keizersgracht 241 , Amsterdam, HOLLAND 1016EA , ,Tel: 31203449560 , 31203449562 Fax: 31203449561E.mail address: beaholding@planet.nlDate of transmission: 12/01/2011              Time of broadcast: 11:06 11:02:00

Reference: 2011-02-014499

Israel Securities Authority		Tel Aviv Stock Exchange
www.isa.gov.il		www.tase.co.il

Amended report for distorted report sent on date : 12/01/2011 , Whose reference number was: 2011-02-014247
The distortion: the principal amount of Series A notes - insted of NIS 80 million it should be NIS 80 million
The distortion cause: typo
The main amendment: "an additional principal amount of approximately NIS 88 million of Series A Notes.."

Immediate ReportRegulation 4 of the Securities Regulations, (Periodic and Immediate Reports of Foreign Corporation) 5761-2000

The corporation is a foreign private issuer as defined by U.S. Securities Laws.
Attached hereto is a report on PLAZA CENTERS N.V. ANNOUNCES THE PRIVATE PLACEMENT OF ADDITIONAL UNSECURED NON-CONVERTIBLE SERIES A AND SERIES B NOTES FOR 300 MILLION NIS (CIRCA �65 MILLION)
PCNV_private_issuance_of_Series_A_and_B_CORRECTED_isa.pdf

References of previous documents relating to this matter(the reference does not constitute incorporation by reference):
Previous names of reporting entity:
Date of revision of form structure: 30/12/2010
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Name of the Signatory: : Shtarkman Ran , Position of Signatory in the reporting corporation: Chief Executive Officer , Name of Employer Company: HOM Ingatlanfejlesztesi es Vezetesi Kft .
Sip Telephone: 361-4627221 , Facsimile: 361-4627201 , E-mail: ran@plazacenters.com 2