17th Dec 2007 08:55
Leumi International Investments NV17 December 2007 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 Leumi House, 34 Yehuda Halevi Street, Tel Aviv 65546 Phone: + 972 3 5148111, + 972 3 5149419; Facsimile: + 972 3 5149732 Electronic Mail: [email protected] 16 December 2007 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 the Event: Sale of Shares in Cellcom Bank Leumi le-Israel B.M. (the "Bank") announces as follows: On 13 December2007, Leumi & Co. Investment House Ltd. ("Leumi & Co."), a wholly ownedsubsidiary of the Bank, sold 2,402,000 shares of Cellcom Israel Ltd., at a priceof some NIS 121.2 per share, for an aggregate consideration of some NIS 291million. The sale is expected to yield to the Bank (which presents the resultsof Leumi & Co. on a fully consolidated basis in its financial statements) a netafter tax profit of some NIS 97 million. Following the sale, Leumi & Co. still holds 2,504,000 shares of Cellcom (some2.57%) Date and time at which the corporation first became aware of the event ormatter: 13 December 2007 at 23:00.________________________________________________________________ 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] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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