29th Jun 2009 07:10
Translation of Immediate Report
Bank Leumi le-Israel B.M.
Registration No. 520018078
Securities of the Corporation are listed on The Tel Aviv Stock Exchange
Abbreviated Name: Leumi
Leumi House, 34 Yehuda Halevi Street, Tel Aviv 65546
Phone: + 972 3 5148111, + 972 3 5149419; Facsimile: + 972 3 5149732
Electronic Mail: Yaelru@bll.co.il
28 June 2009
To: Israel Securities Authority (www.isa.gov.il)
The Tel Aviv Stock Exchange (www.tase.co.il)
Immediate Report regarding an Event or Matter falling outside the Ordinary Course of Business of the Corporation
Pursuant to Regulation 36(a) of the Securities (Periodic and Immediate Reports) Regulations, 1970
Nature of Report: Holdings in Union Bank
Further to the Immediate Report of 19 May 2009, Bank Leumi le-Israel B.M. (the "Bank") announces that on 28 June 2009, the transaction was completed between the Bank, and Sherodar Assets Ltd. ("Sherodar") and Yeshayu Landau Holdings (1993) Ltd. ("Landau") for the sale of its entire holdings in Union Bank of Israel Ltd. (3,802,412 shares) (the "Shares") to Landau and Sherodar (in equal portions between them), for an aggregate consideration of some NIS 108 million. The Bank's expected profit from the sale of the Shares is some NIS 17 million.
Date and time at which the corporation first became aware of the event or matter: 28 June 2009 at 12:50.
____________________________________________________________________
Name of Electronic Reporter: Yael Rudnicki, Position: Group Secretary
POB 2 Tel Aviv 61000, Phone: + 972 3 5149419, Facsimile: + 972 3 5149732,
Electronic Mail: Yaelru@bll.co.il
Related Shares:
Citi Fun 29