Citi Fun 29 Regulatory News (AD49)

24 Jan 2008 13:46

Leumi International Investments NV24 January 2008 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: jennifer@bll.co.il 24 January 2008 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 Event: Approval of Plea Bargain Further to previous reports of Bank Leumi le-Israel B.M. (the "Bank") on thesame matter, the last of which was filed on 20 January 2008 (the text of whichappears below for convenience), the Bank hereby announces that the Tel Aviv -Jaffa Magistrates Court today approved the plea bargain in the file C.F. 2665/07, the main points of which were detailed in the Bank's report of 20 January2008. Text of Immediate Report filed on 20 January 2008 Further to previous reports of Bank Leumi le-Israel B.M. (the "Bank") on thesame matter, the last of which was filed on 14 March 2007, the Bank herebyannounces that it has today, together with three of its subsidiaries: Leumi L.P.Ltd. (formerly Leumi-Pia Trust Management Co. Ltd.), Leumi Management Ltd.(formerly Psagot Managers of Mutual Funds - Leumi Ltd.) and Leumi Securities andInvestments Ltd. (formerly Psagot Ofek Investment House Ltd.), signed a pleabargain in the file C.F. 2665/07, in the Tel Aviv - Jaffa Magistrates Court (the"Plea Bargain"). According to the Plea Bargain that was filed today as agreed with the Tel Aviv -Jaffa Magistrates Court, the Prosecutor has retracted all the charges related tothe Bank's employees and employees of the subsidiaries. The Bank and thesubsidiaries admitted to the facts contained in the amended indictment. Pursuantto the Plea Bargain, the Prosecutor petitioned the imposition of fines, asfollows: on the Bank - a fine of NIS 5 million, on Leumi L.P. Ltd. - a fine ofNIS 10 million, and on Leumi Management Ltd. and Leumi Securities andInvestments Ltd. - an aggregate fine of NIS 10 million, to be divided betweenthem equally. The Court's ruling on adopting the Plea Bargain will be given 24 January 2008. End of Text of Immediate Report filed on 20 January 2008 Date and time at which the corporation first became aware of the event ormatter:24 January 2008 at 10:00._____________________________________________________________Name of Electronic Reporter: Jennifer Janes, Position: Executive Vice President,Group SecretaryPOB 2 Tel Aviv 61000, Phone: + 972 3 5149419, Facsimile: + 972 3 5149732,Electronic Mail: jennifer@bll.co.il This information is provided by RNS The company news service from the London Stock Exchange