VALUATION OF PLOT IN BANGALORE, INDIA

August 31, 2021

PLAZA CENTERS N.V.

VALUATION OF PLOT LOCATED IN BANGALORE, INDIA

Plaza Centers N.V. ("Plaza" or the "Company") announced today, that following the publication of Elbit Imaging Ltd. Annual consolidated financial statements as of August 31, 2021 dated August 25, 2021 which includes the current valuation of the plot located in Bangalore, India (the "Valuation"), the Company posted the Valuation on its website at:

https://plazacenters.com/investor-relations/financial-reports/2021

Ends

For further details, please contact:

Plaza

Ran Yaacovs, CFO 972-546-303-006

Notes to Editors

Plaza Centers N.V. (www.plazacenters.com) is listed on the Main Board of the London Stock Exchange, and, on the Warsaw Stock Exchange (LSE: "PLAZ", WSE: "PLZ/PLAZACNTR") and, on the Tel Aviv Stock Exchange("PLAZ").

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