Plaza Centres plc - Interim Directors’ Statement

Plaza Centres plc published its Interim Directors’ Statement on 29 October. The Directors stated that occupancy in the retail and office complex during the third quarter ending 30 September 2008 remained high at 96.8%. Plaza’s Directors also confirmed that the financial position of the company has remained satisfactory and is in line with the company’s projections and expectations.

The Company is planning to refurbish the retail areas of the Commercial Centre between January and March 2009 and is still awaiting the permit from the Malta Environment and Planning Authority to commence phase three of its extension programme.

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