PREMIA REAL ESTATE INVESTMENT COMPANY SOCIETE ANOMYME

Release of annual report of fiscal year 2007

PASAL Development SA announces that the Annual Bulletin for the fiscal year 2007 which has been prepared in accordance with the provisions of article 8 of the decisions no. 5/204/14.11.2000 & 7/372/15.2.2006 of the Hellenic Capital Market Commission, is available as of the 29th of April 2008 at PASALs website www.pasal.gr, the Athens Exchanges website www.ase.gr, as well as in hard copy, at our head offices, Shareholders Service Department, 116 Kifissias Avenue & 1 Davaki Str, Ampelokipi, tel. 210 6967610.