Negotiations re HOT

26 Mar 2008 11:25

Leumi International Investments NV26 March 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 26 March 2008 To: Israel Securities Authority (www.isa.gov.il) The Tel Aviv Stock Exchange (www.tase.co.il) Immediate Report Nature of the Event: Negotiations regarding Hot Further to the Immediate Report of 2 March 2008, Bank Leumi le-Israel B.M. (the"Bank") announces that it is holding negotiations for the sale of its shares inHot with the BRM Group Ltd., which is negotiating both on its own behalf and onbehalf of an investment entity in the Lehman Brothers group, but thesenegotiations have not yet reached fruition. Negotiations are also being held with other entities with regard to the sale ofsuch shares. Date and time at which the corporation first became aware of the event ormatter: 25 March 2008 at 15:00.________________________________________________________________ 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