THIS ANNOUNCEMENT (AND THE INFORMATION CONTAINED HEREIN) IS NOT FOR RELEASE, PUBLICATION, DISTRIBUTION OR FORWARDING, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

FOR IMMEDIATE RELEASE

Hammerson plc (the "Company")

Interim 2021 Dividend and Enhanced Scrip Dividend Alternative

2 December 2021

Further to the announcement of the Interim 2021 Dividend and the Enhanced Scrip Dividend Alternative on 5 August 2021, the Board of Directors of the Company announces that valid elections to participate in the Enhanced Scrip Dividend Alternative were received from Shareholders holding 3,543,611,340 Shares. Accordingly, the number of New Shares to be issued under the Enhanced Scrip Dividend Alternative is 215,712,923.

Therefore, applications have been submitted for 215,712,923 New Shares to be admitted to trading on the London Stock Exchange, Euronext Dublin, and the Johannesburg Stock Exchange, bringing the total number of issued 5 pence ordinary shares in the Company to 4,419,457,161.

The New Shares are expected to be issued and admitted to trading on the Main Market of the London Stock Exchange, Euronext Dublin and the Johannesburg Stock Exchange on 7 December 2021. A further announcement will be released to confirm when those New Shares have been issued and admitted to trading on the respective stock exchange.

Unless otherwise stated, capitalised terms in this announcement shall have the meanings given to them in the Circular dated 11 October 2021 in connection with the Interim 2021 Dividend and Enhanced Scrip Dividend Alternative which can be found at: https://www.hammerson.com/investors 

Enquiries

Josh Warren, Director of Strategy and Investor Relations

Tel: +44 20 7887 1053

josh.warren@hammerson.com

The announcement above has also been released on the SENS system of the Johannesburg Stock Exchange and on Euronext Dublin.