Haven't seen it posted yet, therefore here we go:

LH Website:

Miles & More is offering you a new awards option: With effect from May 2008 you can settle the airport taxes and charges as well as the fuel surcharge on your flight award in an easy lump sum with 10,000 miles!

This offer applies to domestic award flights within Europe, and award flights between European countries, operated by Lufthansa or one of its Miles & More airline partners.*

Its use is open-ended and it is also valid on connecting flights. So, for example, you can get a Fly Smart award from Frankfurt to Paris (outbound and return flight) for just 25,000 miles including taxes and charges.

You can book this new award option easily online at www.miles-and-more.com or by calling your Service Centre.

*Offer subject to change. Please note that Miles & More charges for change of booking, cancellation, paper ticket and express charges, etc. are not included and must still be paid in the normal way.

As intercontinental charges are so ridiculous high these days, LH doesn't want the trade-in for these charges for a mere 10,000 miles