In accordance with the provisions of article 4.1.3.1 of the Athens Exchange Rulebook, PASAL Development announces the conclusion of the ordinary tax audit for the fiscal years 2006, 2007 and 2008. The aforementioned tax audit resulted in additional taxes and surcharges with a total of euro 245.246,30. The company has created a provision for tax audit differences amounting to euro 490.000, and consequently there will be no effect on the current fiscal years results or the companys equity.