Re Agreement

Hammerson PLC 04 January 2006 OFFICE LETTINGS - 18 & 19 HANOVER SQUARE, LONDON W1 Hammerson plc has signed leases at its two recently refurbished office buildings, 18 & 19 Hanover Square, London W1, following which both buildings are fully let. At 18 Hanover Square, Avanta Management Services Limited, a serviced office business, has leased 2,860 m(2) (30,780 ft(2)) of office accommodation. The annual rent is £1.49 million. The lease term is 10 years, with the equivalent of an 18 month rent free period. At 19 Hanover Square, Lend Lease Europe Limited, the European subsidiary of the Australian property company, will occupy 2,910 m(2) (31,340 ft(2)). The annual rent is £1.40 million, with an initial rent free period of 13 months on a 10 year lease. John Richards, Chief Executive of Hammerson plc said: ' Hammerson's West End office portfolio is now fully let. These two deals confirm the recent upturn in the central London office market. We are also seeing encouraging interest in our City office schemes, and are confident of having further deals to announce early in 2006.' For further information: John Richards, Chief Executive, Hammerson plc Tel: 020 7887 1000 Chris Smith, Director of Corporate Affairs, Hammerson plc Tel: 020 7887 1019 csmith@hammerson.co.uk This information is provided by RNS The company news service from the London Stock Exchange BQFBXBBF

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