Annual Financial Report

28 April 2011

Plaza Centers N.V. 2010 Annual Dutch Statutory Accounts and Annual Report 2010

Plaza Centers N.V. ("Plaza" or the "Company"), a leading property developer and investor with a significant presence across Central and Eastern Europe as well as operations in India and the USA, confirms that its 2010 Annual Dutch Statutory Accounts are available for viewing at the Company's registered office, Keizersgracht, 241 1016, EA Amsterdam, The Netherlands.

In addition, a copy of the Company's Annual Report 2010 is available on the Company's website, http://www.plazacenters.com/index.php?p=financial_reports_2010 

The 2010 Annual Dutch Statutory Accounts and the Annual Report 2010 are intended to be adopted by the shareholders at the AGM to be held in Amsterdam on 30 June 2011. Further details on this AGM will be sent out in due course.

For further details please contact:

Notes to Editors

Plaza Centers N.V. (www.plazacenters.com) a leading property developer and investor with a significant presence across Central and Eastern Europe as well as operations in India and the USA. It focuses 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 dual listed on the Main Board of the London Stock Exchange and, as of 19 October 2007, the Warsaw Stock Exchange (LSE:"PLAZ", WSE: "PLZ/PLAZACNTR"). Plaza Centers N.V. is an indirect subsidiary of Elbit Imaging Ltd. ("EIL"), 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 15 years.