Plaza Centres Plc — Board/Management Information 2015

Oct 21, 2015

Company Announcement

Interim Directors' Statement

Date of announcement 21 October 2015

Reference PZC132/2015

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 2015, on 23 July 2015, no material transactions took place that would require specific mention, disclosure or announcement pursuant to the applicable Listing Rules.

Since the last company announcement the Company Chairman Mr. Albert Mizzi sadly passed away on 10 September 2015. During a board meeting held today, Mr. Charles J. Farrugia was unanimously appointed Chairman of the Board of Directors. Mr. Charles J. Farrugia has been a Director of Plaza Centres p.l.c. for the past 7 years.

Since 30 June 2015 occupancy levels at 30 September 2015 increased marginally to 94% and increased further in the fourth quarter with the opening of the new F&F outlet on level 0. Revenue and profit before tax increased when compared to the corresponding period in 2014 whilst costs also increased.

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 21 October 2015