Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tel Aviv Stock Exchange: Trading And Clearing Timetable On Wednesday, July 2nd 2008

Date 02/07/2008

Dear Members,
 
As TASE's stuff did not activate trading computers yesterday, July 1st, it is required to conduct a special alignment before opening trading today. Therefore, TASE updated its operation timetable.
 
Below please find the updated trading and clearing timetable for today, Wednesday July 2nd 2008:
 
1. Trading in Securities other than Derivatives
 
 The pre-opening phase will begin at 10:00.
 
• The opening trading phase will begin at a time to be set at random, between 10:40 and 10:45.

• The opening trading phase of the other shares (YETER) and of securities convertible into shares will begin at 11:15.

• The opening trading phase of bonds and Makam will begin at 11:00.
 
 The pre-closing phase will begin at a time to be set at random, between 17:16 and 17:17.
 
 The closing phase will begin at a time to be set at random, between 17:25 and 17:30.
 
2. Trading in Derivatives
 Trading in derivatives will begin at 10:30 and will end at 17:30.
 
3. Clearing Services
 The services of the TASE Clearing House and the Maof Clearing House will be provided as usual.

Yours faithfully,
Yoni Shemesh, Senior Vice President
Information Technology & Operations Department