Company Announcements

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 WITHIN THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

This announcement is not an offer of securities for sale in any jurisdiction. This announcement is not a prospectus (or prospectus equivalent document) or an advertisement. Investors should not subscribe for or purchase any shares in the Company based on this announcement or the Summary Document published by Hammerson plc on 18 December 2020. Neither this announcement nor any part of it shall form the basis of or be relied on in connection with or act as an inducement to enter into any contract or commitment whatsoever. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. The material set forth herein is for information purposes only and should not be construed as an offer of securities for sale in any jurisdiction.

FOR IMMEDIATE RELEASE.

23 December 2020

Hammerson plc

ISIN: GB00BK7YQK64

LSE & Euronext Dublin share code: HMSO / JSE share code: HMN

Admission to the official list of Euronext Dublin and to trading on the main securities market of Euronext Dublin

Further to the announcement on 18 December 2020, Hammerson plc ("Hammerson" or the "Company") is pleased to announce that its entire issued ordinary share capital consisting of 4,057,298,174 ordinary shares (the "Ordinary Shares") has today been admitted to the secondary listing segment of the Official List of the Irish Stock Exchange plc, trading as Euronext Dublin ("Euronext Dublin") and to trading on the main market for listed securities of Euronext Dublin ("Main Market") (together "Admission").

Unconditional dealings in the Ordinary Shares commenced on Euronext Dublin today at 8.00 a.m. The Company's ticker on Euronext Dublin is 'HMSO' and the Company's ticker on the London Stock Exchange will remain as 'HMSO', both with an ISIN of GB00BK7YQK64. The Company's ticker on the Johannesburg Stock Exchange is 'HMN' with an ISIN of GB0004065016.

The Company is not raising any new funds or issuing any new shares in connection with Admission. No shares will be offered or marketed to the public in Ireland, the UK or elsewhere in connection with Admission.

The Summary Document is not a prospectus and has not been approved by the Central Bank of Ireland or any other regulatory authority. A copy of the Summary Document relating to the admission is available in electronic form on the Company's website www.hammerson.com/investors.

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

Notes to Editors

About the Company

Hammerson is an owner, manager and developer of retail properties in Europe with a portfolio of high-quality flagship destinations and premium outlets, providing approximately 1.8 million square metres of lettable area across 7 countries. The Group's property portfolio comprises 20 flagship destinations in the United Kingdom, France and Ireland, investments in 9 premium outlets across Europe through its holding in Value Retail and investments in eight retail parks in the United Kingdom. Prior to the Group's disposal of the majority of its interest in VIA Outlets, flagship destinations, premium outlets and retail parks accounted for approximately 51%, 35% and 6%, respectively, of the Group's total property portfolio by value as at 30 June 2020 (on a proportionally consolidated basis, including premium outlets).

General

Goodbody Stockbrokers UC, trading as Goodbody, ("Goodbody") is acting as sponsor, under Euronext Dublin Listing Rules, to the Company in connection with Admission. Goodbody is regulated by the Central Bank of Ireland. In the UK, Goodbody is authorised and subject to regulation by the Financial Conduct Authority. Goodbody is acting exclusively for the Company and for no-one else in connection with Admission and will not be responsible to any person other than the Company for providing the protections afforded to its clients or for providing advice to any other person in relation to Admission or any other matter referred to in this announcement.