Response to Press Speculation

Hammerson plc (the Company)

12 April 2021

Response to Press Speculation

Hammerson plc (the "Company") notes recent press speculation.

As announced at its Full Year results, the Company continues to make asset disposals in liquid markets to further strengthen the balance sheet, with gross proceeds of £73m achieved to date in 2021.

The Company confirms that it is in discussions on terms of a possible disposal of its retail parks portfolio to Brookfield.

There can be no certainty that a transaction will take place or the terms on which any transaction may occur. The Company will provide a further update in due course, if appropriate.

ENDS

This announcement has also been released on the SENS system of the Johannesburg Stock Exchange and on Euronext Dublin.

Investor Contact

Josh Warren, Hammerson, Head of Investor Relations

Tel: +44 20 7887 1053

[email protected] 

Press Contacts

Hammerson

Catrin Sharp, Head of Corporate Communications

Tel: +44 20 7887 1063

[email protected]

FTI Consulting (for Hammerson)

Dido Laurimore

Tel: +44 20 3727 1000/ 0780 1654424

[email protected]