Hammerson plc announces exercise of early redemption option in respect of EUR 500,000,000 2.75% Bonds due 2019 Hammerson plc (Incorporated in England and Wales) (Company number 360632) LSE share code: HMSO JSE share code: HMN ISIN: GB0004065016 (“Hammerson” or “the Company”) 24 July 2018 Hammerson plc announces exercise of early redemption option in respect of EUR 500,000,000 2.75% Bonds due 2019 If you are in doubt about any aspect of this announcement and/or the action you should take, you should consult immediately your stockbroker, bank manager, solicitor, accountant or other professional advisor authorised under the Financial Services and Markets Act 2000 (if you are in the United Kingdom) or another appropriately authorised independent financial adviser. Hammerson plc (the Company) announces the exercise of the Company's early redemption option in respect of the EUR 500,000,000 2.75% Bonds due 2019 (ISIN: XS0834382151) (the Bonds). Capitalised terms used in this announcement shall bear the meanings given to them in the Terms and Conditions of the Bonds set out in the Eighth Supplemental Trust Deed dated 26 September 2012 (the Terms and Conditions). The Bonds will be redeemed in full on 30 August 2018 pursuant to Condition (6)(b) of the Terms and Conditions. The Company has today delivered the notice required by Condition 6(b) to Euroclear and Clearstream, Luxembourg. The Redemption Price will be calculated on the Relevant Record Date, being 24 August 2018, in accordance with Condition 6(b)(ii) of the Terms and Conditions. Holders of Bonds which are held by Clearstream, Luxembourg or Euroclear should contact the relevant corporate actions departments within the Clearing Systems for further information. ENDS 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 Date: 24/07/2018 08:00:00 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.