Tel Aviv Stock Exchange: Changes To Trading And Clearing House Schedules On 26 May 2010

Given the anticipated increase in trading activity in TASE-listed securities resulting from Israel's upgrade to "developed market" status by MSCI, the following changes to trading times and clearing house activity on 26 May 2010 will be in effect:
1. Changes to the trading timetable:

a. Shares, convertible, bonds, T-bills and institutional securities
The pre-closing trade will be extended by 30 minutes and accordingly, closing trade will commence at a random time between 16:53 and 16:58.
No changes to the trading timetable relating to the other trading phases will occur.

b. Derivatives
Trading will be extended by 30 minutes and will close at 17:00.

2. Changes to the Timetable for Clearing House Activity:

a. TASE Clearing House services will be provided until 19:00.
b. MAOF Clearing House services will be provided until 18:00.