19th May 2008 10:08
BANK LEUMI LE-ISRAEL B.M.
-
(GUARANTOR - GUARANTEED EURO MEDIUM TERM NOTE
PROGRAMME OF LEUMI INTERNATIONAL INVESTMENTS N.V.)
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
34 Yehuda Halevi Street, Tel Aviv 65546
Phone: + 972 3 5148111, + 972 3 5149419; Facsimile: + 972 3 5149732
Electronic Mail: [email protected]
19 May 2008
To: Israel Securities Authority (www.isa.gov.il)
The Tel Aviv Stock Exchange (www.tase.co.il)
Immediate Report re Person ceasing to be an Interested Person by virtue of Holdings
Regulation 33(g) of the Securities Regulations (Periodic and Immediate Reports), 1970
Details of Holder:
- Name of Corporation: Barnea Investments B.V.
- Type of Identity Number: Registration number in a foreign country of incorporation.
- Identity Number: 32105571
- Citizenship/Country of Incorporation or Registration: Foreign Corporation
- Country of Citizenship/Incorporation or Registration: The Netherlands
- Address: Amalialaan 41c, 1st Floor, KE Baarn 3743, The Netherlands
- The Holder is not a representative of other joint shareholders for reporting purposes.
Details of the Transaction whereby the Holder ceased to be an Interested Party in the Corporation:
a. Name and Category of Security: Leumi.
b. Registration number of security on the Tel Aviv Stock Exchange: 604611
c. Date of the transaction: 15 May 2008
d. Nature of the Transaction: Other. The Corporation was notified that the transfer of the shares to Gabriel Capital Corporation or its affiliates (together, "Gabriel Funds") was the consideration for the interest of Gabriel Funds in Barnea S.a.r.l (the parent company of Barnea Investments B.V. ("Barnea")), and an undertaking of Gabriel Funds to make future payments to Barnea, subject to certain conditions and circumstances.
e. Number of Securities involved in the Transaction: 70,570,211
f. Rate of the Transaction: N/A
g. The shares are not dormant or convertible into dormant shares.
Holdings following the Transaction:
|
Name, Class and Series of Security |
No. of Security on Stock Exchange |
Amount of Securities |
Dormant |
Rate of Holdings |
Rate of Holdings (Fully Diluted) |
||
|
Capital |
Voting Rights |
Capital |
Voting Rights |
||||
|
Leumi |
604611 |
70,711,634 |
No |
4.82 |
4.82 |
4.72 |
4.72 |
The Holder is not an insurance/banking corporation.
Additional Information:
The Corporation was notified that Mr. Ezra Merkin and the Gabriel Funds controlled by him do not currently hold any interest, directly or indirectly, in Barnea, which is now wholly controlled by Mr. Stephen Feinberg through the Cerberus private investment fund group.
In addition, the Corporation was provided with a copy of a notice regarding the expiration of the power of attorney given by Barnea and the trustee to the shares committee of the Corporation (as mentioned on page 13 of the Corporation's Annual Report for 2007), in respect of 70,570,211 shares of the Corporation held by Barnea.
Date and time at which the corporation first became aware of the event or matter:
18 May 2008 at 14:50.
____________________________________________________________________
Name of Electronic Reporter: Jennifer Janes, Position: Executive Vice President, Group Secretary
POB 2 Tel Aviv 61000, Phone: + 972 3 5149419, Facsimile: + 972 3 5149732,
Electronic Mail: [email protected]
Related Shares:
Citi Fun 29