RNS Number:5654B
Plaza Centers N.V.
06 August 2007


6 August 2007

                      PLAZA CENTERS CONSIDERS DUAL LISTING
                          ON THE WARSAW STOCK EXCHANGE


Plaza Centers N.V. ("Plaza" or the "Company"), a leading Central and Eastern
European ("CEE") emerging markets property developer, announces today that it is
currently exploring the possibility of listing its shares on the Warsaw Stock
Exchange ("WSE"), thereby achieving a dual listing in London (where it is listed
on the Main Board of the London Stock Exchange) and Warsaw.


From 2000 to date, the Company has built, managed and sold a total of seven
shopping centres located across Poland.  In addition, it is preparing to
commence construction on a further three shopping and entertainment centres
located in Suwalki, Torun and Zgorzelec and continues to seek further investment
opportunities in the country.


Through these activities, Plaza has built a strong reputation and profile in the
CEE and its management has become aware of growing investor appetite, both in
Poland and the wider CEE region, to invest in the Company through a local Stock
Exchange.


In response to this demand, the board of the Company is currently considering
the benefits to all existing and potential shareholders of a dual listing on the
WSE.  If the final decision on the dual listing is made, the admission to
trading on the WSE will be sought on the basis of the prospectus that the
Company intends to submit to the Netherlands Authority for the Financial Markets
(the Stichting Autoriteit Financiele Markten (the ''AFM'') for a formal
approval.


Plaza will update its shareholders in due course as appropriate.


Commenting on its intentions, Ran Shtarkman, President and CEO of Plaza Centers
N.V., said:


"Plaza's activities are extremely well known within the region and we have
received a number of enquiries from investors in Poland and Central and Eastern
Europe wishing to invest in our company.  The WSE has been extremely active over
the past few years, with fast-increasing levels of investment activity from both
institutional (particularly pension and mutual funds) and retail investors.  In
light of this and the likely benefits it will bring to all our shareholders in
terms of increased liquidity in the shares, we believe this dual listing could
be an attractive strategic option for the Company."


For further details please contact:


Plaza

Mordechay Zisser, Chairman                             +972 3 6086000

Ran Shtarkman, President and CEO                       +36 1 462 7221

Roy Linden, CFO                                        +36 1 462 7105


Financial Dynamics                                     +44 20 7831 3113

Stephanie Highett/Lauren Mills


Notes to Editors


-  Plaza Centers N.V. (www.plazacenters.com) is a leading emerging
markets developer of shopping and entertainment centres, focusing 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 an indirect subsidiary of Elbit Medical Imaging
Ltd. ("EMIL"), 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 11 years.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

MSCSSFSAMSWSEIA
Plaza Centers N.v (LSE:PLAZ)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Plaza Centers N.v Charts.
Plaza Centers N.v (LSE:PLAZ)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Plaza Centers N.v Charts.