-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KUNBDM0IMT4mzDb7eDLcSvSQx7Nu5JU9tF5RpxXALwczMpOU0jCPn3l/Rcbo7dZD L94zUljW2dlSIYlBMYYlAw== 0001178913-08-001649.txt : 20080626 0001178913-08-001649.hdr.sgml : 20080626 20080626131243 ACCESSION NUMBER: 0001178913-08-001649 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080626 DATE AS OF CHANGE: 20080626 GROUP MEMBERS: AVRAHAM LIVNAT GROUP MEMBERS: DEP TECHNOLOGY HOLDINGS LTD. GROUP MEMBERS: ELRON ELECTRONIC INDUSTRIES LTD. GROUP MEMBERS: IDB DEVELOPMENT CORPORATION LTD. GROUP MEMBERS: IDB HOLDING CORPORATION LTD. GROUP MEMBERS: NOCHI DANKNER GROUP MEMBERS: RDC RAFAEL DEVELOPMENT CORPORATION LTD. GROUP MEMBERS: RUTH MANOR GROUP MEMBERS: SHELLY BERGMAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GIVEN IMAGING LTD CENTRAL INDEX KEY: 0001126140 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-62155 FILM NUMBER: 08918865 BUSINESS ADDRESS: STREET 1: 2 HA CARMEL ST STREET 2: NEW INDUSTRIAL PARK CITY: YOQNEAM STATE: L4 ZIP: 20692 MAIL ADDRESS: STREET 1: 2 HA CARMEL ST CITY: YOQNEAM STATE: L4 ZIP: 20692 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DISCOUNT INVESTMENT CORP LTD CENTRAL INDEX KEY: 0001206713 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3 AZRIELI CENTER STREET 2: TRIANGLE BLDG 43RD FLOOR CITY: TEL AVIV STATE: L3 ZIP: 67023 BUSINESS PHONE: 01197236075860 SC 13D/A 1 zk85460.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 8) * GIVEN IMAGING LTD. - -------------------------------------------------------------------------------- (Name of Issuer) Ordinary Shares - -------------------------------------------------------------------------------- (Title of Class of Securities) 2797140 - -------------------------------------------------------------------------------- (CUSIP Number) Donna Gershowitz, Adv. Elron Electronic Industries Ltd. The Triangular Tower, 42nd Floor 3 Azrieli Center, Tel Aviv 67023 Israel Tel: +972 3 6075555 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 20, 2008 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 249.13d-1(g), check the following box. [_] NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss.240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 23 pages SCHEDULE 13D/A CUSIP NO. 2797140 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) RDC Rafael Development Corporation Ltd. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3. SEC Use only - -------------------------------------------------------------------------------- 4. Source of funds (See Instructions) Not Applicable - -------------------------------------------------------------------------------- 5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Israel - -------------------------------------------------------------------------------- 7. Sole Voting Power 0 Number of ------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially 2,662,110 Owned ------------------------------------------------------------- by Each 9. Sole Dispositive Power Reporting 0 Person With: ------------------------------------------------------------- 10. Shared Dispositive Power 2,662,110 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 2,662,110 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [_] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 9.1% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- Page 2 of 23 pages SCHEDULE 13D/A CUSIP NO. 2797140 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) DEP Technology Holdings Ltd. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3. SEC Use only - -------------------------------------------------------------------------------- 4. Source of funds (See Instructions) Not Applicable - -------------------------------------------------------------------------------- 5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Israel - -------------------------------------------------------------------------------- 7. Sole Voting Power 0 Number of ------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially 2,662,110 Owned ------------------------------------------------------------- by Each 9. Sole Dispositive Power Reporting 0 Person With: ------------------------------------------------------------- 10. Shared Dispositive Power 2,662,110 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 2,662,110 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [_] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 9.1% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- Page 3 of 23 pages SCHEDULE 13D/A CUSIP NO. 2797140 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Elron Electronic Industries Ltd. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3. SEC Use only - -------------------------------------------------------------------------------- 4. Source of funds (See Instructions) WC - -------------------------------------------------------------------------------- 5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Israel - -------------------------------------------------------------------------------- 7. Sole Voting Power 0 Number of ------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially 14,184,348 (1) Owned ------------------------------------------------------------- by Each 9. Sole Dispositive Power Reporting 0 Person With: ------------------------------------------------------------- 10. Shared Dispositive Power 9,464,820 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 14,184,348 (1) - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [_] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 48.5% (1) - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- (1) Includes 4,719,528 Ordinary Shares that are owned by Discount Investment Corporation Ltd. ("DIC"), which Elron Electronic Industries Ltd. ("Elron") may be deemed to share voting power of, and to beneficially own, as a result of a voting agreement between Elron and DIC described in Item 6 of Amendment No. 1 on Schedule 13D/A previously filed with the Securities and Exchange Commission by the Reporting Persons with respect to Given Imaging Ltd. Page 4 of 23 pages SCHEDULE 13D/A CUSIP NO. 2797140 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Discount Investment Corporation Ltd. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3. SEC Use only - -------------------------------------------------------------------------------- 4. Source of funds (See Instructions) Not Applicable - -------------------------------------------------------------------------------- 5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Israel - -------------------------------------------------------------------------------- 7. Sole Voting Power 0 Number of ------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially 14,184,348 Owned ------------------------------------------------------------- by Each 9. Sole Dispositive Power Reporting 0 Person With: ------------------------------------------------------------- 10. Shared Dispositive Power 14,184,348 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 14,184,348 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [_] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 48.5% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- Page 5 of 23 pages SCHEDULE 13D/A CUSIP NO. 2797140 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) IDB Development Corporation Ltd. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3. SEC Use only - -------------------------------------------------------------------------------- 4. Source of funds (See Instructions) Not Applicable - -------------------------------------------------------------------------------- 5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Israel - -------------------------------------------------------------------------------- 7. Sole Voting Power 0 Number of ------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially 14,184,348 * Owned ------------------------------------------------------------- by Each 9. Sole Dispositive Power Reporting 0 Person With: ------------------------------------------------------------- 10. Shared Dispositive Power 14,184,348 * - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 14,184,348* - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [X] ** - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 48.5% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- * Does not include (i) 720,122 Ordinary Shares held for members of the public through, among others, provident funds, mutual funds, pension funds, exchange traded funds and insurance policies, which are managed by subsidiaries of Clal Insurance Enterprises Holdings Ltd. ("CIEH"), a subsidiary of IDB Development Corporation Ltd. ("IDB Development"), (ii) 1,852 Ordinary Shares which are held by unaffiliated third-party client accounts managed by subsidiaries of CIEH as portfolio managers and (iii) 9,220 Ordinary Shares held for members of the public through mutual funds which are managed by a company controlled by Epsilon Investment House Ltd., an indirect subsidiary of IDB Development (collectively, the "CIEH and Epsilon Shares"). The Reporting Person disclaims beneficial ownership of the CIEH and Epsilon Shares. ** Excludes the CIEH and Epsilon Shares. Page 6 of 23 pages SCHEDULE 13D/A CUSIP NO. 2797140 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) IDB Holding Corporation Ltd. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3. SEC Use only - -------------------------------------------------------------------------------- 4. Source of funds (See Instructions) Not Applicable - -------------------------------------------------------------------------------- 5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Israel - -------------------------------------------------------------------------------- 7. Sole Voting Power 0 Number of ------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially 14,184,348 * Owned ------------------------------------------------------------- by Each 9. Sole Dispositive Power Reporting 0 Person With: ------------------------------------------------------------- 10. Shared Dispositive Power 14,184,348 * - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 14,184,348 * - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [X] ** - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 48.5% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- * Does not include the CIEH and Epsilon Shares. The Reporting Person disclaims beneficial ownership of the CIEH and Epsilon Shares. ** Excludes the CIEH and Epsilon Shares. Page 7 of 23 pages SCHEDULE 13D/A CUSIP NO. 2797140 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Nochi Dankner - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3. SEC Use only - -------------------------------------------------------------------------------- 4. Source of funds (See Instructions) Not Applicable - -------------------------------------------------------------------------------- 5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Israel - -------------------------------------------------------------------------------- 7. Sole Voting Power 0 Number of ------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially 14,184,348 * Owned ------------------------------------------------------------- by Each 9. Sole Dispositive Power Reporting 0 Person With: ------------------------------------------------------------- 10. Shared Dispositive Power 14,184,348 * - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 14,184,348 * - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [X] ** - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 48.5% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- * Does not include the CIEH and Epsilon Shares. The Reporting Person disclaims beneficial ownership of the CIEH and Epsilon Shares. ** Excludes the CIEH and Epsilon Shares. Page 8 of 23 pages SCHEDULE 13D/A CUSIP NO. 2797140 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Shelly Bergman - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3. SEC Use only - -------------------------------------------------------------------------------- 4. Source of funds (See Instructions) Not Applicable - -------------------------------------------------------------------------------- 5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Israel - -------------------------------------------------------------------------------- 7. Sole Voting Power 0 Number of ------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially 14,184,348 * Owned ------------------------------------------------------------- by Each 9. Sole Dispositive Power Reporting 0 Person With: ------------------------------------------------------------- 10. Shared Dispositive Power 14,184,348 * - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 14,184,348 * - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [X] ** - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 48.5% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- * Does not include the CIEH and Epsilon Shares. The Reporting Person disclaims beneficial ownership of the CIEH and Epsilon Shares. ** Excludes the CIEH and Epsilon Shares. Page 9 of 23 pages SCHEDULE 13D/A CUSIP NO. 2797140 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Ruth Manor - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3. SEC Use only - -------------------------------------------------------------------------------- 4. Source of funds (See Instructions) Not Applicable - -------------------------------------------------------------------------------- 5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Israel - -------------------------------------------------------------------------------- 7. Sole Voting Power 0 Number of ------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially 14,184,348 * Owned ------------------------------------------------------------- by Each 9. Sole Dispositive Power Reporting 0 Person With: ------------------------------------------------------------- 10. Shared Dispositive Power 14,184,348 * - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 14,184,348 * - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [X] ** - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 48.5% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- * Does not include the CIEH and Epsilon Shares. The Reporting Person disclaims beneficial ownership of the CIEH and Epsilon Shares. ** Excludes the CIEH and Epsilon Shares. Page 10 of 23 pages SCHEDULE 13D/A CUSIP NO. 2797140 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Avraham Livnat - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3. SEC Use only - -------------------------------------------------------------------------------- 4. Source of funds (See Instructions) Not Applicable - -------------------------------------------------------------------------------- 5. Check if disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Israel - -------------------------------------------------------------------------------- 7. Sole Voting Power 0 Number of ------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially 14,184,348 * Owned ------------------------------------------------------------- by Each 9. Sole Dispositive Power Reporting 0 Person With: ------------------------------------------------------------- 10. Shared Dispositive Power 14,184,348 * - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 14,184,348* - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [X] ** - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 48.5% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- * Does not include the CIEH and Epsilon Shares. The Reporting Person disclaims beneficial ownership of the CIEH and Epsilon Shares. ** Excludes the CIEH and Epsilon Shares. Page 11 of 23 pages This Amendment No. 8 on Schedule 13D/A (the "Amendment") amends the Statement on Schedule 13D, as amended, previously filed with the Securities and Exchange Commission by RDC Rafael Development Corporation Ltd. ("RDC"), DEP Technology Holdings Ltd. ("DEP"), Elron, DIC, IDB Development, IDB Holding Corporation Ltd. ("IDB Holding"), Nochi Dankner, Shelly Bergman, Ruth Manor and Avraham Livnat ("the Reporting Persons") (the "Statement") with respect to the ordinary shares, par value New Israeli Shekel 0.05 per share (the "Ordinary Shares"), of Given Imaging Ltd. (the "Issuer") to the extent specified herein. Capitalized terms used in this Amendment without being defined herein have the meanings given to them in the Statement. The Amendment is filed by the Reporting Persons in connection with changes in their ownership of the Ordinary Shares as a result of the purchase of Ordinary Shares by Elron pursuant to its Offer to Purchase set forth in the Tender Offer Statement on Schedule TO filed by Elron with the Securities and Exchange Commission on May 16, 2008, as amended (the "Tender Offer") The following amends and supplements Items 2, 3, and 5 of the Statement. Item 2. IDENTITY AND BACKGROUND (a), (b) and (c): The Reporting Persons. The following information in this Item 2 amends the information previously provided in Item 2 of the Statement. See the Statement for additional information provided in Item 2 of the Statement that is not being amended. As of June 20, 2008: DIC owned approximately 48.6% of the outstanding shares of Elron. IDB Development owned approximately 73.9% of the outstanding shares of DIC. IDB Holding owned approximately 76.6% of the outstanding shares of IDB Development. Nochi Dankner (together with a private company controlled by him) and Shelly Bergman owned approximately 55.5% and 12.5% respectively of the outstanding shares of, and control, Ganden Holdings. Other than Shelly Bergman, only one of Ganden Holdings' other shareholders, owning approximately 1.7% of Ganden Holdings' outstanding shares, had a tag along right granted to it by Nochi Dankner to participate in certain sales of Ganden Holdings' shares by Nochi Dankner, and such shareholder agreed to vote all its shares of Ganden Holdings in accordance with Nochi Dankner's instructions. In addition to approximately 31.02% of the outstanding shares of IDB Holding owned by Ganden, which is controlled by Nochi Dankner and Shelly Bergman through Ganden Holdings, Ganden owned directly approximately 6.7% of the outstanding shares of IDB Holding, Ganden Holdings itself owned directly approximately 17% of the outstanding shares of IDB Holding, and a private Israeli corporation which is wholly owned by Shelly Bergman owned approximately 4.2% of the outstanding shares of IDB Holding. These additional shares of IDB Holding are not subject to the Shareholders Agreement. Substantially all of these additional shares of IDB Holding owned by Ganden, Ganden Holdings and Shelly Bergman's wholly owned corporation as set forth above were acquired with borrowed funds and are subject to the rights of each respective shareholder's lending institution in the event of default. In addition to approximately 10.34% of the outstanding shares of IDB Holding owned by Manor, which is controlled by Ruth Manor, Manor owned directly approximately 0.05% of the outstanding shares of IDB Holding, and another private Israeli corporation which is controlled by her owned directly approximately 2.85% of the outstanding shares of IDB Holding. These additional shares of IDB Holding are not subject to the Shareholders Agreement. In addition to approximately 10.34% of the outstanding shares of IDB Holding owned by Livnat, which is controlled by Avraham Livnat, another private Israeli corporation which is controlled by him owned directly approximately 2.92% of the outstanding shares of IDB Holding. These additional shares of IDB Holding are not subject to the Shareholders Agreement. Page 12 of 23 pages The name, citizenship, residence or business address and present principal occupation of the directors and executive officers of (i) RDC, (ii) DEP, (iii) Elron, (iv) DIC, (v) IDB Development and (vi) IDB Holding are set forth in Schedules A, B, C, D, E and F attached hereto, respectively, and incorporated herein by reference. These Schedules replace Schedules A, B, C, D, E and F previously attached to the Statement. (d) None of the Reporting Persons or, to the knowledge of the Reporting Persons, any director or executive officer named in Schedules A, B, C, D, E and F to this Amendment, has, during the last five years, been convicted in any criminal proceeding, excluding traffic violations and similar misdemeanors. (e) None of the Reporting Persons or, to the knowledge of the Reporting Persons, any director or executive officer named in Schedules A, B, C, D, E and F to this Amendment, has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or state securities laws or finding any violation with respect to such laws. Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION As reported by Elron on June 22, 2008, on June 20, 2008, Elron acquired a total of 1,462,640 Ordinary Shares in the Tender Offer at a price of $16.54 per share, for a total purchase price of $24,192,066, in cash. The acquisition of Ordinary Shares pursuant to the Tender Offer was funded out of Elron's own internal resources and credit lines. Item 5. INTEREST IN SECURITIES OF THE ISSUER As of June 20, 2008: RDC owned directly 2,662,110 Ordinary Shares, or approximately 9.1% of the outstanding Ordinary Shares of which 424,868 Ordinary Shares are pledged in favor of Elron to secure the repayment of a loan from Elron to RDC and 125,431 Ordinary Shares are pledged in favor of Rafael Advanced Defense Systems Ltd. ("Rafael"), a 49.9% shareholder of RDC, to secure the repayment of a loan from Rafael to RDC. RDC shares the power to vote and dispose of these Ordinary Shares. DEP may be deemed beneficial owner of, and to share the power to vote and dispose of, these 2,662,110 Ordinary Shares. Elron owned directly 6,802,710 Ordinary Shares, or approximately 23.3% of the outstanding Ordinary Shares. Elron shares the power to vote and dispose of these Ordinary Shares, and may also be deemed to share the power to vote and dispose of the 2,662,110 Ordinary Shares owned by RDC. Also, by reason of a voting agreement between Elron and DIC dated September 29, 2003, as described in Item 6 of Amendment No. 1 to the Statement, Elron shares the power to vote 4,719,528 Ordinary Shares owned by DIC. As a result of the foregoing, Elron may be deemed beneficial owner of a total of 14,184,348 Ordinary Shares, constituting approximately 48.5% of the outstanding Ordinary Shares. DIC owned directly 4,719,528 Ordinary Shares, or approximately 16.1% of the outstanding Ordinary Shares. DIC shares the power to vote and dispose of these Ordinary Shares, and may also be deemed to share the power to vote and dispose of the 9,464,820 Ordinary Shares owned by RDC and Elron, or a total of 14,184,348 Ordinary Shares, constituting approximately 48.5% of the outstanding Ordinary Shares. DIC disclaims beneficial ownership of all the Ordinary Shares held by RDC and Elron. IDB Development, IDB Holding and the Reporting Persons who are natural persons may each be deemed beneficial owner, and to share the power to vote and dispose, of an aggregate of 14,184,348 Ordinary Shares held by RDC, Elron and DIC, or approximately 48.5% of the outstanding Ordinary Shares. Each of IDB Development, IDB Holding and the Reporting Persons who are natural persons disclaims beneficial ownership of all the Ordinary Shares held by RDC, Elron and DIC. As of May 14, 2008, there were 29,252,785 outstanding Ordinary Shares as reported by the Issuer on Form 6-K filed with the Securities and Exchange Commission on May 14, 2008. The percentages of the outstanding Ordinary Shares set forth above are based on this number. Page 13 of 23 pages Information provided to the Reporting Persons indicates that as of June 20, 2008, none of the executive officers and directors of IDB Holding, IDB Development, DIC, Elron, DEP and RDC owned Ordinary Shares, except as set forth below: Mr. Doron Birger, a director of RDC and DEP, and the President and Chief Executive Officer of Elron, owned (i) 2,878 Ordinary Shares, (ii) options to purchase from the Issuer 14,000 Ordinary Shares, exercisable immediately at a price per share of $23.96, (iii) options to purchase from the Issuer 25,000 Ordinary Shares, exercisable immediately at a price per share of $17.78, (iv) options to purchase from the Issuer 3,000 Ordinary Shares exercisable immediately, at a price per share of $26.39 and (v) options to purchase from the Issuer 12,000 Ordinary Shares, exercisable immediately at a price per share of $29.42. All these options were granted to Mr. Birger in respect of his service as Chairman or director of the Issuer, as applicable. Mr. Arie Mientkavich, Chairman of RDC and Elron, owned options to purchase from the Issuer 8,750 Ordinary Shares, exercisable immediately at a price per share of $29.42. These options were granted to Mr. Mientkavich in respect of his service as director of the Issuer. Except as set forth above in this Amendment, none of the Reporting Persons purchased or sold any Ordinary Shares during the 60 days ending on June 20, 2008. Information provided to the Reporting Persons indicates that none of the executive officers and directors of IDB Holding, IDB Development, DIC, Elron, DEP or RDC purchased or sold any Ordinary Shares during the 60 days ending on June 20, 2008. SIGNATURE After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this Amendment is true, complete and correct. Date: June 26, 2008 RDC RAFAEL DEVELOPMENT CORPORATION LTD. DEP TECHNOLOGY HOLDINGS LTD. ELRON ELECTRONIC INDUSTRIES LTD. DISCOUNT INVESTMENT CORPORATION LTD. IDB DEVELOPMENT CORPORATION LTD. IDB HOLDING CORPORATION LTD. NOCHI DANKNER SHELLY BERGMAN RUTH MANOR AVRAHAM LIVNAT BY:DISCOUNT INVESTMENT CORPORATION LTD. (signed) BY:______________________________ Michel Dahan and Kurt Keren, authorized signatories of Discount Investment Corporation Ltd., for itself and on behalf of RDC Rafael Development Corporation Ltd., DEP Technology Holdings Ltd., Elron Electronic Industries Ltd., IDB Development Corporation Ltd., IDB Holding Corporation Ltd., Nochi Dankner, Shelly Bergman, Ruth Manor and Avraham Livnat, pursuant to agreements annexed as Exhibits 2 through 10 to Amendment No. 5 to the Statement. Page 14 of 23 pages Schedule A Directors and Executive Officers of RDC RAFAEL DEVELOPMENT CORPORATION LTD. (as of June 20, 2008) Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Arie Mientkavich (1) Chairman of the Chairman of the Board of Directors of Elron; 3 Azrieli Center, The Triangular Tower 42nd Board of Directors Deputy Chairman of Gazit Globe Ltd and Chairman floor, Tel-Aviv 67023, Israel of Gazit Globe Israel (Development) Ltd. Raanan Cohen Director Vice President of Discount Investment Corporation 3 Azrieli Center, The Triangular Tower 44th Ltd.; Chief Executive Officer of Koor Industries floor, Tel-Aviv 67023, Israel Ltd. Avishai Friedman Director Chief Executive Officer Of RDC Yoqneam Industrial Park, Building 7, Yoqneam, Israel David Vaish Director Vice President for Finance & Chief Financial Rafael, Haifa, Israel Officer of Rafael. Yedidya Yaari Director President & Chief Executive Officer of Rafael. Rafael, Haifa, Israel Doron Birger (2) Director President & Chief Executive Officer of Elron. 3 Azrieli Center, The Triangular Tower 42nd floor, Tel-Aviv 67023, Israel Rinat Remler Director Vice President, Chief Financial Officer of Elron. 3 Azrieli Center, The Triangular Tower 42nd floor, Tel-Aviv 67023, Israel Yair Cohen Director Vice President of Elron. 3 Azrieli Center, The Triangular Tower 42nd floor, Tel-Aviv 67023, Israel Luva Drori Director Corporate Vice President business Development & Rafael, Haifa, Israel Marketing of Rafael. Moshe Maor Director Chief Subsidiary Officer of Rafael Rafael, Haifa, Israel Ofir Gomeh Chief Financial Chief Financial Officer of RDC Rafael Development Yoqneam Industrial Park, Building 7, Yoqneam, Officer Corporation Ltd. Israel
(1) Mr. Arie Mientkavich owned options to purchase from the Issuer 8,750 Ordinary Shares, exercisable immediately at a price per share of $29.42. These options were granted to Mr. Mientkavich in respect of his service as director of the Issuer. (2) Mr. Doron Birger owned (i) 2,878 Ordinary Shares, (ii) options to purchase from the Issuer 14,000 Ordinary Shares, exercisable immediately at a price per share of $23.96, (iii) options to purchase from the Issuer 25,000 Ordinary Shares exercisable immediately at a price per share of $17.78, (iv) options to purchase from the Issuer 3,000 Ordinary Shares exercisable immediately, at a price per share of $26.39 and (v) options to purchase from the Issuer 12,000 Ordinary Shares exercisable immediately at a price per share of $29.42. All these options were granted to Mr. Birger in respect of his service as Chairman or director of the Issuer, as applicable. Page 15 of 23 pages Schedule B Directors and Executive Officers of DEP Technology Holdings Ltd. (as of June 20, 2008) Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Doron Birger (1) Director President & Chief Executive Officer of Elron. 3 Azrieli Center, The Triangular Tower 42nd floor, Tel-Aviv 67023, Israel Rinat Remler Director Vice President, Chief Financial Officer of Elron. 3 Azrieli Center, The Triangular Tower 42nd floor, Tel-Aviv 67023, Israel Moshe Fourier Vice President & Vice President & Chief Technology Officer of 3 Azrieli Center, The Triangular Tower 42nd Chief Technology Elron. floor, Tel-Aviv 67023, Israel Officer Donna Gershowitz Director General Counsel & Corporate Secretary of Elron. 3 Azrieli Center, The Triangular Tower 42nd floor, Tel-Aviv 67023, Israel
(1) See note (2) in Schedule A. ------------------ Schedule C Directors and Executive Officers of Elron Electronic Industries Ltd. (as of June 20, 2008) Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Arie Mientkavich (1) Chairman of the Chairman of Elron; Deputy Chairman of Gazit 3 Azrieli Center, The Triangular Tower, 42nd Board of Directors Globe Ltd and Chairman of Gazit Globe Israel floor, Tel-Aviv 67023, Israel (Development) Ltd Ami Erel Director President & Chief Executive Officer of DIC; 3 Azrieli Center, The Triangular Tower, 44th Chairman of NetVision Ltd., Cellcom Israel Ltd. floor, Tel-Aviv 67023, Israel and Koor Industries Ltd. Avraham Asheri Director Director of companies 12 Yoshpe Street, Apt. 7, Mevasseret Zion 90805, Israel Prof. Yair Be'ery Director Professor - Department of Electrical Engineering, 6 Sweden Street, Tel Aviv University. Petah Tikva 49317, Israel
Page 16 of 23 pages
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Yaacov Goldman External Director Director of companies 39 Nachlieli Street, Hod Hasharon 45355, Israel Prof. Gabriel Barbash Director Director General of the Tel Aviv 14 Zisman Street, Sourasky Medical Center. Ramat Gan 52521, Israel Nochi Dankner Director Chairman and Chief Executive Officer of IDB 3 Azrieli Center, The Triangular Tower, 44th Holding; Chairman of IDB Development, DIC and floor, Tel-Aviv 67023, Israel Clal Industries and Investments Ltd.; Businessman and director of companies. Avi Fischer Director Executive Vice President of IDB Holding; Deputy 3 Azrieli Center, The Triangular Tower, 45th Chairman of IDB Development; Co-Chief Executive floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd. Shay Livnat Director President of Zoe Holdings Ltd. 26 Shalva Street, Herzlia Pituach 46705, Israel Dori Manor (*) Director Chief Executive Officer of companies in the motor 103 Kahnman Street, Bney Brak 51553, Israel vehicle sector of the David Lubinski Ltd. group. Ari Bronshtein Director Vice President of DIC 3 Azrieli Center, The Triangular Tower, 44th floor, Tel-Aviv 67023, Israel Arie Ovadia Director Director of companies 10 Harav Amiel Street, Tel Aviv, 62223, Israel Amos Shapira Director Chief Executive Officer of Cellcom Israel Ltd. 10 Hagavish Street, Industrial Zone, Netanya 42140, Israel Doron Birger (2) President and Chief President and Chief Executive Officer of Elron. 3 Azrieli Center, The Triangular Tower, 42nd Executive Officer floor, Tel-Aviv 67023, Israel Moshe Fourier Vice President and Vice President and Chief Technology Officer of 3 Azrieli Center, The Triangular Tower, 42nd Chief Technology Elron. floor, Tel-Aviv 67023, Israel Officer Rinat Remler Vice President, Vice President, Chief Financial Officer of Elron. 3 Azrieli Center, The Triangular Tower, 42nd Chief Financial floor, Tel-Aviv 67023, Israel Officer Assaf Topaz Vice President Vice President of Elron. 3 Azrieli Center, The Triangular Tower, 42nd floor, Tel-Aviv 67023, Israel Yair Cohen Vice President Vice President of Elron 3 Azrieli Center, The Triangular Tower, 42nd floor, Tel-Aviv 67023, Israel Zvika Slovin Vice President Vice President of Elron 3 Azrieli Center, The Triangular Tower, 42nd floor, Tel-Aviv 67023, Israel
(*) Dual citizen of Israel and France. (1) See note (1) in Schedule A (2) See note (2) in Schedule A Page 17 of 23 pages Schedule D Directors and Executive Officers of Discount Investment Corporation Ltd. (as of June 20, 2008) Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Nochi Dankner Chairman of the Chairman and Chief Executive Officer of IDB 3 Azrieli Center, The Triangular Tower, 44th Board of Directors Holding; Chairman of IDB Development, DIC and floor, Tel-Aviv 67023, Israel Clal Industries and Investments Ltd.; Businessman and director of companies. Zehava Dankner Director Director of companies. 64 Pinkas Street, Tel Aviv 62157, Israel Zvi Livnat Director Executive Vice President of IDB Holding; Deputy 3 Azrieli Center, The Triangular Tower, 45th Chairman of IDB Development; Co-Chief Executive floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd. Avi Fischer Director Executive Vice President of IDB Holding; Deputy 3 Azrieli Center, The Triangular Tower, 45th Chairman of IDB Development; Co-Chief Executive floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd. Refael Bisker Director Chairman of Property and Building Corporation 3 Azrieli Center, The Triangular Tower, 44th Ltd. Co-Chairman of Shufersal Ltd. floor, Tel-Aviv 67023, Israel Jacob Schimmel Director Co-Managing Director of UKI Investments. 17 High field Gardens, London NW11 9HD, United Kingdom Shaul Ben-Zeev Director Chief Executive Officer of Avraham Livnat Ltd. Taavura Junction, Ramle 72102, Israel Eliahu Cohen Director Director & Chief Executive Officer of IDB 3 Azrieli Center, The Triangular Tower, 44th Development. floor, Tel-Aviv 67023, Israel Gideon Lahav Director Director of companies. 124 Ehad Ha-Am Street, Tel-Aviv 65208, Israel
Page 18 of 23 pages
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Moshe Arad External Director Director of companies. 14 Shay Agnon Street, Jerusalem 92586, Israel Gideon Dover External Director Chief Executive Officer and director of Dover 11 Hamaalot Street, Herzlia B 46583, Israel Medical and Scientific Equipment Ltd. Prof. Niv Ahituv External Director Professor at the Faculty of Management in the Tel 33 Drezner Street, Tel Aviv 69496, Israel. Aviv University. Isaac Manor (*) Director Chairman of companies in the motor vehicle sector 103 Kahnman Street, Bney Brak 51553, Israel of the David Lubinski Ltd. group. Dori Manor (*) Director Chief Executive Officer of companies in the motor 103 Kahnman Street, Bney Brak 51553, Israel vehicle sector of the David Lubinski Ltd. group. Adiel Rosenfeld Director Representative in Israel of the Aktiva group. 42 Ha'Alon Street, Timrat 23840, Israel Ami Erel President and Chief President and Chief Executive Officer of DIC; 3 Azrieli Center, The Triangular Tower, 44th Executive Officer Chairman of NetVision Ltd., Cellcom Israel Ltd. floor, Tel-Aviv 67023, Israel and Koor Industries Ltd. Oren Lieder Senior Vice Senior Vice President of DIC. 3 Azrieli Center, The Triangular Tower, 44th President floor, Tel-Aviv 67023, Israel Raanan Cohen Vice President Vice President of DIC; Chief Executive Officer of 3 Azrieli Center, The Triangular Tower, 44th Koor Industries Ltd. floor, Tel-Aviv 67023, Israel Ari Bronshtein Vice President Vice President of DIC. 3 Azrieli Center, The Triangular Tower, 44th floor, Tel-Aviv 67023, Israel Michel Dahan Vice President and Vice President and Chief Financial Officer of DIC. 3 Azrieli Center, The Triangular Tower, 44th Chief Financial floor, Tel-Aviv 67023, Israel Officer Dr. Yochai Rafaelli Vice President Vice President of DIC. 3 Azrieli Center, The Triangular Tower, 44th floor, Tel-Aviv 67023, Israel Motti Berenstain Comptroller Comptroller of DIC 3 Azrieli Center, The Triangular Tower, 44th floor, Tel-Aviv 67023, Israel
(*) Dual citizen of Israel and France Page 19 of 23 pages Schedule E Directors and Executive Officers of IDB Development Corporation Ltd. (as of June 20, 2008) Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Nochi Dankner Chairman of the Chairman and Chief Executive Officer of IDB 3 Azrieli Center, The Triangular Tower, 44th Board of Directors Holding; Chairman of IDB Development, DIC and Clal floor, Tel-Aviv 67023, Israel Industries and Investments Ltd.; Businessman and director of companies. Zehava Dankner Director Director of Companies. 64 Pinkas Street, Tel Aviv 62157, Israel Avi Fischer Deputy Chairman of Executive Vice President of IDB Holding; Deputy 3 Azrieli Center, The Triangular Tower, 45th the Board of Chairman of IDB Development; Co-Chief Executive floor, Tel-Aviv 67023, Israel Directors Officer of Clal Industries and Investments Ltd. Zvi Livnat Deputy Chairman of Executive Vice President of IDB Holding; Deputy 3 Azrieli Center, The Triangular Tower, 45th the Board of Chairman of IDB Development; Co-Chief Executive floor, Tel-Aviv 67023, Israel Directors Officer of Clal Industries and Investments Ltd. Refael Bisker Director Chairman of Property and Building Corporation Ltd. 3 Azrieli Center, The Triangular Tower, 44th Co-Chairman of Shufersal Ltd. floor, Tel-Aviv 67023, Israel Jacob Schimmel Director Co- Managing Director of UKI Investments. 17 High field Gardens, London NW11 9HD, United Kingdom Shay Livnat Director President of Zoe Holdings Ltd. 26 Shalva Street, Herzlia Pituach 46705, Israel Eliahu Cohen Director and Chief Chief Executive Officer of IDB Development. 3 Azrieli Center, The Triangular Tower 44th Executive Officer floor, Tel-Aviv 67023, Israel Isaac Manor (*) Director Chairman of companies in the motor vehicle sector 103 Kahnman Street, Bney Brak 51553, Israel of the David Lubinski Ltd. group. Dori Manor (*) Director Chief Executive Officer of companies in the motor 103 Kahnman Street, Bney Brak 51553, Israel vehicle sector of the David Lubinski Ltd. group. Abraham Ben Joseph Director Director of companies. 87 Haim Levanon Street, Tel-Aviv 69345, Israel
Page 20 of 23 pages
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Amos Malka External Director Director of companies. 18 Nahal Soreq Street, Modi'in 71700, Israel Dr. Yoram Margaliyot External Director Senior Lecturer (expert on tax laws) at the 16 Ha'efroni Street, Raanana 43724, Israel Faculty of Law in the Tel Aviv University Irit Izakson Director Director of companies. 15 Great Matityahou Cohen Street, Tel-Aviv 62268, Israel Lior Hannes Senior Executive Senior Executive Vice President of IDB 3 Azrieli Center, The Triangular Tower, 44th Vice President Development; Chief Executive Officer of IDB floor, Tel-Aviv 67023, Israel Investments (UK) Ltd. Dr. Eyal Solganik Executive Vice Executive Vice President and Chief Financial 3 Azrieli Center, The Triangular Tower, 44th President and Chief Officer of IDB Development; Chief Financial floor, Tel-Aviv 67023, Israel Financial Officer Officer of IDB Holding. Ari Raved Vice President Vice President of IDB Development. 3 Azrieli Center, The Triangular Tower, 44th floor, Tel-Aviv 67023, Israel Haim Gavrieli Executive Vice Executive Vice President of IDB Development. 3 Azrieli Center, The Triangular Tower, 44th President floor, Tel-Aviv 67023, Israel Haim Tabouch Vice President and Vice President and Comptroller of IDB Development; 3 Azrieli Center, The Triangular Tower, 44th Comptroller Comptroller of IDB Holding. floor, Tel-Aviv 67023, Israel Inbal Zion Vice-President & Vice-President & Corporate Secretary of IDBD; 3 Azrieli Center, The Triangular Tower, 44th Corporate Secretary Corporate Secretary of IDBH floor, Tel-Aviv 67023, Israel
(*) Dual citizen of Israel and France. Page 21 of 23 pages Schedule F Directors and Executive Officers of IDB Holding Corporation Ltd. (as of June 20, 2008) Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Nochi Dankner Chairman of the Chairman and Chief Executive Officer of IDB 3 Azrieli Center, The Triangular Tower, 44th Board of Directors Holding; Chairman of IDB Development, DIC and floor, Tel-Aviv 67023, Israel and Chief Executive Clal Industries and Investments Ltd.; Businessman Officer and director of companies. Isaac Manor (*) Deputy Chairman of Chairman of companies in the motor vehicle sector 103 Kahnman Street, Bney Brak 51553, Israel the Board of of the David Lubinski Ltd. group. Directors Arie Mientkavich (1) Vice Chairman of Chairman of Elron; Deputy Chairman of Gazit 14 Betzalel Street, Jerusalem 94591, Israel the Board of Globe Ltd. and Chairman of Gazit Globe Israel Directors (Development) Ltd. Zehava Dankner Director Director of Companies 64 Pinkas Street, Tel Aviv 62157, Israel Lior Hannes Director Senior Executive Vice President of IDB 3 Azrieli Center, The Triangular Tower, 44th Development; Chief Executive Officer of IDB floor, Tel-Aviv 67023, Israel Investments (UK) Ltd. Refael Bisker Director Chairman of Property and Building Corporation 3 Azrieli Center, The Triangular Tower, 44th Ltd.; Co-Chairman of Shufersal Ltd. floor, Tel-Aviv 67023, Israel Jacob Schimmel Director Director of UKI Investments. 17 High field Gardens, London NW11 9HD, United Kingdom Shaul Ben-Zeev Director Chief Executive Officer of Avraham Livnat Ltd. Taavura Junction, Ramle 72102, Israel Eliahu Cohen Director Director and Chief Executive Officer of IDB 3 Azrieli Center, The Triangular Tower, 44th Development. floor, Tel-Aviv 67023, Israel Dori Manor (*) Director Chief Executive Officer of companies in the motor 103 Kahnman Street, Bney Brak 51553, Israel vehicle sector of the David Lubinski Ltd. group. Meir Rosenne Director Attorney. 8 Oppenheimer Street, Tel Aviv 69395, Israel Shmuel Lachman External Director Information technology consultant 9A Khilat Jatomir Street, Tel Aviv 69405, Israel Zvi Dvoresky External Director Chief Executive Officer of Beit Kranot Trust Ltd. 12 Harofeh Street, Ahuza, Haifa 34366, Israel Zvi Livnat Director and Executive Vice President of IDB Holding; Deputy 3 Azrieli Center, The Triangular Tower, 45th Executive Vice Chairman of IDB Development; Co-Chief Executive floor, Tel-Aviv 67023, Israel President Officer of Clal Industries and Investments Ltd.
Page 22 of 23 pages
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Avi Fischer Executive Vice Executive Vice President of IDB Holding; Deputy 3 Azrieli Center, The Triangular Tower, 45th President Chairman of IDB Development; Co-Chief Executive floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd. Dr. Eyal Solganik Chief Financial Chief Financial Officer of IDB Holding; Executive 3 Azrieli Center, The Triangular Tower, 44th Officer Vice President and Chief Financial Officer of IDB floor, Tel-Aviv 67023, Israel Development. Haim Tabouch Comptroller Comptroller of IDB Holding; Vice President and 3 Azrieli Center, The Triangular Tower, 44th Comptroller of IDB Development. floor, Tel-Aviv 67023, Israel
(*) Dual citizen of Israel and France. (1) See note (1) in Schedule A Page 23 of 23 pages -----END PRIVACY-ENHANCED MESSAGE-----