In accordance with the provisions of Laws 3340/2005 and 3556/2007, of Decision 1/434/3.7.2007 and Circular Nr 33 of the Hellenic Capital Market Commission, PASAL Development S.A. announces that on April 7th 2011, Mrs Aikaterini Theodoridi sold in the Athens Exchange 337.099 common shares of PASAL for the aggregate amount of Euro 134.839,60.-
Aikaterini Theodoridi is, pursuant to the provisions of Law 3340/2005, a related person with Mr. Sotiris Theodoridis, Chairman of the Board of PASAL Development S.A.