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Annual report 2010 - plazacenters

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United States Activity Remarks<br />

Directly owned (or jointly owned)<br />

Elbit Plaza USA L.P Holding company Held 50% by the Company<br />

Indirectly owned (or jointly owned)<br />

EPN GP LLC Holding company Held 43.3% by Elbit Plaza USA LP, Holds 50%<br />

of EDT Retail Trust Management LLC and 47.8%<br />

of EDT Retail Trust<br />

EPN Investment Management LLC Holding company Held 50% by Elbit Plaza USA LP<br />

EPN Fund GP LC Holding company Held 50% by Elbit Plaza USA LP<br />

EPN Real Estate Fund LP Holding company Held 0.2% by EPN Fund GP LC, Holds 13.4%<br />

of EPN GP LLC<br />

EDT Retail Trust Management LLC Holding company Held 50% by EPN GP LLC, Holds 100% of EDT<br />

Australian Services Ltd, EDT Retail Management Ltd<br />

and EDT US Services LLC<br />

EDT Australian Services Ltd Holding company Held 100% by EDT Retail Trust Management LLC<br />

EDT Retail Management Ltd Holding company Held 100% by EDT Retail Trust Management LLC<br />

EDT US Services LLC Holding company Held 100% by EDT Retail Trust Management LLC<br />

EDT Retail Trust Holding company Held 48% by EPN GP LLC<br />

US REIT I Holding company Held 99.98% by EDT Retail Trust<br />

US REIT II Holding company Held 99.90% by EDT Retail Trust<br />

US LLC Holding company Held 100% by US REIT I<br />

MV LLC Holding company Held 50% by US REIT II<br />

PS LLC Holding company Held 90.3% by US REIT II<br />

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Plaza Centers N.V. <strong>Annual</strong> <strong>report</strong> <strong>2010</strong>135

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