Citi Fun 29 Regulatory News (AD49)

9 Aug 2007 11:13

Leumi International Investments NV09 August 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: jennifer@bll.co.il 9 August 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: Financial Statements - Bank Leumi (UK) Bank Leumi le-Israel B.M. announces that a subsidiary of the Bank, Bank Leumi(UK), approved its financial statements as at 30 June 2007. The following arethe main aspects of the results, as published by Bank Leumi (UK): Profit after tax was £6.6 million, 19% higher than the £5.5 million achieved forthe same period in 2006. The annualised post-tax return on equity amounts to15.9% - a significant achievement and a record level of return. Total income increased by 18% to £19.2 million, compared with £16.3 million forthe same period in 2006, driven by increases in both interest and non-interestincome. Customer lending and deposits also reached record levels: • Lending to customers was £904 million as at 30 June 2007. This represents an increase of 18% over the £768 million at the same date in 2006, and an increase of 15% over the £788 million at 31 December 2006. • Customer deposits reached £1,187 million, which is an increase of 20% compared with £992 million as at June 2006, and an increase of 14% over the £1,044 million recorded as at 31 December 2006. (In line with generally accepted accounting principles, the balance sheet andprofit and loss account are presented in accordance with recent standards issuedby the Accounting Standards Board as part of its convergence with IFRS.Therefore in the current period Bank Leumi (UK) has adopted FRS23, and theapplicable aspects of FRS25 and FRS26. Advantage has been taken of the exemptionin FRS25 and FRS26 not to restate comparative information and care shouldtherefore be taken when interpreting comparisons between 2006 and 2007.) (The interim figures quoted above are unaudited. The financial informationrelating to the year ended 31 December 2006 was extracted from the latestfinancial statements which have been filed with the British Registrar ofCompanies. The report of the auditors on these financial statements wasunqualified and did not contain a statement under section 237 of the EnglishCompanies Act 1985. The financial information summarised above does notconstitute statutory accounts within the meaning of section 240 of the CompaniesAct 1985). Date and time at which the corporation first became aware of the event ormatter: 9 August 2007 at 12:00.___________________________________________________________________________ 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