UPDATED COMPANY PRESENTATION

28 August 2018

PLAZA CENTERS N.V.

UPDATED COMPANY PRESENTATION

Plaza Centers N.V. ("Plaza" or the "Company") has made available on its website an updated Presentation following its results for the six months ended 30 June 2018 and prior to the bondholders' meeting on 29th August, 2018.

A copy of the presentation can be downloaded from the Company's website, www.plazacenters.com, in the Investor Relations section under "Company Presentation".

Ends

For further details, please contact:

Plaza

Avi Hakhamov, Acting CEO +361 6104523

FTI Consulting

Dido Laurimore / Claire Turvey / Tom Gough +44 20 3727 1000

Notes to Editors

Plaza Centers N.V. (www.plazacenters.com) is listed on the Main Board of the London Stock Exchange, as of 19 October 2007, on the Warsaw Stock Exchange (LSE: "PLAZ", WSE: "PLZ/PLAZACNTR") and, on the Tel Aviv Stock Exchange. Plaza Centers N.V. is an indirect subsidiary of Elbit Imaging Ltd. ("EI"), an Israeli public company whose shares are traded on both the Tel Aviv Stock Exchange in Israel and on the NASDAQ Global Market in the United States. Plaza Centers has been active in real estate development in emerging markets for over 22 years.