Change of Name

B"H

14 June 2019

Shefa Yamim (A.T.M.) Ltd

("Shefa Yamim", "Shefa Gems" or the "Company")

Change of Name

Shefa Yamim (LON: SEFA), a company focused on advanced exploration and development of multi-gemstone projects in Northern Israel, announces that, further to the passing of the resolution at its Annual General Meeting on 23 May 2019, the Company has been informed by the Israeli Companies Registrar that the change of name to Shefa Gems Ltd is complete with effect from today.

The Company's TIDM, SEFA, and the Company's registered number, 51-272621-7, will remain unchanged.

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About Shefa Gems

Shefa Gems (LSE: SEFA) is a multi-commodity explorer of precious stones operating in Northern Israel. Exploration activity is managed by professionally skilled and technically competent personnel and is accompanied by an international team of geological experts with decades of proven experience in their fields.

All exploration activities are conducted under international standards and the internationally recognised SAMREC 2016 Code. Furthermore, its permits, granted to it by the Commissioner of Mines, extend over an area of approximately 600,000 Dunam (60,000 hectares) that includes the Kishon River, the volcanic bodies on Mount Carmel, the Zevulun and Yizre'el valleys and their margins - Menashe Hills, Tivon-Alonim Hills, and Nazareth range. The Company upholds environmental values and protects the nature in the areas where it operates, cooperating fully with all authorities. It is anticipated that a mining licence will be granted in the near future which will enable the Company to commence mining in 2020 and become revenue producing during that year.