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NORTH MIAMI BEACH, Fla.--([ BUSINESS WIRE ])--Equity One, Inc. (NYSE:EQY), an owner, developer, and operator of shopping centers, announced today that Equity Oneas board of directors has appointed Galia Maor, former Bank Leumi Le-Israel B.M. Group chief executive officer, as a new independent director.

"We are delighted to welcome Galia Maor to our board of directors"

Ms. Maor served as the CEO of Bank Leumi Le-Israel from 1995 until May 2012 and previously held senior management positions with the Bank of Israel, including Supervisor of Banks and Chairperson of the Advisory Committee on Banking Issues. She has extensive banking, regulatory and financial services expertise in addition to broad international experience.

aWe are delighted to welcome Galia Maor to our board of directors,a said Chaim Katzman, Chairman of Equity One. aWe are fortunate to attract such a talented leader who has a proven ability to combine long term vision with practical management expertise.a

ABOUT EQUITY ONE, INC.

As of June 30, 2012, Equity Oneas consolidated property portfolio comprised 165 properties consisting of approximately 16.8 million square feet of gross leasable area, including 142 shopping centers, 11 development or redevelopment properties, five non-retail properties and seven land parcels.