Grand Central joint venture regulatory clearance Hammerson plc (Incorporated in England and Wales) (Company number 360632) LSE share code: HMSO JSE share code: HMN ISIN: GB0004065016 (“Hammerson” or “the Company”) 21 November 2016 Grand Central joint venture regulatory clearance Hammerson and Canada Pension Plan Investment Board have been informed that the acquisition of Grand Central, Birmingham, by the 50:50 joint venture between the two parties has been cleared to proceed, pursuant to the Merger Regulation of the European Commission. Having received clearance, the joint venture transaction and Hammerson’s disposal of 50% of Grand Central for £175 million, as previously announced, is anticipated to close by mid- December. For further information: Rebecca Patton, Head of Investor Relations 020 7887 1109 Hammerson has its primary listing on the London Stock Exchange and a secondary inward listing on the Johannesburg Stock Exchange. Joint Sponsors: Deutsche Securities (SA) Proprietary Limited Java Capital Notes to Editors Hammerson is a FTSE 100 owner, manager and developer of retail destinations in Europe. Our portfolio of high-quality retail property has a value of around £9 billion and includes 22 prime shopping centres, 18 convenient retail parks and investments in 15 premium outlet villages, through our partnership with Value Retail and the VIA Outlets joint venture. Key investments include Bullring, Birmingham, Bicester Village, Dundrum Town Centre, Dublin and Les Terrasses du Port, Marseille. Date: 21/11/2016 05:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.