Tel Aviv Stock Exchange: Trading And Clearing Timetable On Tuesday, 11th March 2008

Further to our previous announcements and due to continuous sanctions taken by the TASE's employees, there is a concern that as well as yesterday, today, Tuesday, 11th March 2008, it will be impossible to conduct trading in accordance with the ordinary timetable. We therefore hereby give you notice that today there will be changes in the timetables of trading on the TASE and clearing in the TASE Clearing House and Maof Clearing House, as set out below:

1.Trading in Securities other than Derivatives
The pre-closing phase will start at such time as fixed at random between 14:01 and 14:02.

The closing phase will start at such time as fixed at random between 14:10 and 14:15.

2.Trading in Derivatives
Trading in derivatives will end at 14:15.

3.Clearing Services
The services of the TASE Clearing House and the Maof Clearing House will be provided today until 15:30.

Yours faithfully,

Dror Shalit, Senior Vice President
Trading Clearing and Settlement Department