PASAL Development S.A. announces the Corporate Events Calendar for 2012, in accordance with article 4.1.4.3.1. of the Athens Stock Exchange Rulebook

31/3/2012        Announcement & Publication of the Full Year 2011 Financial Statements

31/5/2012        Publication of First Quarter 2012 Financial Statements

28/6/2012        Ordinary Annual General Meeting of the Shareholders

31/8/2012        Publication of Half-Year 2012 Financial Statements

30/11/2012      Publication of Nine-Month 2012 Financial Statements

PASAL will not distribute dividend for the financial year 2011.