Ester Levanon Appointed Managing Director Of The Tel Aviv Stock Exchange

The Board of Directors of the Tel Aviv Stock Exchange has approved the appointment of Ms. Ester Levanon as Managing Director of the TASE, as of June first, 2006.

Ms. Levanon began her career at the TASE in 1986, as Vice President for IT. She initiated a computational revolution, in trading, clearing and the dissemination of trading data.

Prior to joining the TASE, Ms. Levanon established and managed the computer division of the Israeli Security Agency. Ms. Levanon holds an MSc in Mathenatics from the Hebrew University in Jerusalem.