SC 13G

-----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, D7KkF8lfT5wnZpVxSEeS0YyGRs26rnMOhWNqkXPeS31vudG8Kfd7f8WMeoR/m+sr dIMZKJI8xH9pmgnWUk3Azw== 0001178913-09-002975.txt : 20091201 0001178913-09-002975.hdr.sgml : 20091201 20091201061038 ACCESSION NUMBER: 0001178913-09-002975 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 19 FILED AS OF DATE: 20091201 DATE AS OF CHANGE: 20091201 GROUP MEMBERS: DELEK INVESTMENTS AND PROPERTIES LTD. GROUP MEMBERS: EXCELLENCE INVESTMENTS LTD. GROUP MEMBERS: EXCELLENCE MUTUAL FUNDS LTD. GROUP MEMBERS: EXCELLENCE NESSUAH GEMEL & PENSION LTD. GROUP MEMBERS: EXCELLENCE NESSUAH MUTUAL FUNDS MANAGEMENT LTD. GROUP MEMBERS: EXCELLENCE TZMICHA SECURITIES & INVESTMENTS LTD GROUP MEMBERS: ITSHAK SHARON (TSHUVA) GROUP MEMBERS: K.S.M. FINANCIAL INSTRUMENTS LTD. GROUP MEMBERS: K.S.M. FINANCIAL PRODUCTS LTD. GROUP MEMBERS: K.S.M. SAL CERTIFICATES HOLDINGS LTD. GROUP MEMBERS: KSM SAL INDICES CERTIFICATES LTD. GROUP MEMBERS: THE PHOENIX HOLDING LTD. GROUP MEMBERS: THE PHOENIX INSURANCE COMPANY LTD. GROUP MEMBERS: THE PHOENIX INVESTMENT AND FINANCES LTD. GROUP MEMBERS: THE PHOENIX PENSION AND PROVIDENT FUND MANAGEMENT LTD. GROUP MEMBERS: THE PHOENIX PROVIDENT FUNDS LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RETALIX LTD CENTRAL INDEX KEY: 0001064060 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-55375 FILM NUMBER: 091213518 BUSINESS ADDRESS: STREET 1: 6100 TENNYSON PARKWAY CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 011-972-776-6677 MAIL ADDRESS: STREET 1: 10 ZARHIN STREET STREET 2: POB 2282 CITY: RA'ANANA STATE: L3 ZIP: 43000 FORMER COMPANY: FORMER CONFORMED NAME: POINT OF SALE LTD DATE OF NAME CHANGE: 19980615 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Delek Group, Ltd. CENTRAL INDEX KEY: 0001361371 IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 7, GIBOREI ISRAEL STREET, P.O.B. 8464 STREET 2: INDUSTRIAL ZONE SOUTH CITY: NETANYA STATE: L3 ZIP: 42504 BUSINESS PHONE: 011-972-9-863-8590 MAIL ADDRESS: STREET 1: 7, GIBOREI ISRAEL STREET, P.O.B. 8464 STREET 2: INDUSTRIAL ZONE SOUTH CITY: NETANYA STATE: L3 ZIP: 42504 SC 13G 1 zk97392.htm SC 13G



                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G
                                 (RULE 13D-102)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
          TO RULES 13D-1(B), (C), AND (D) AND AMENDMENTS THERETO FILED
                             PURSUANT TO RULE 13D-2
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                                  Retalix Ltd.
             -------------------------------------------------------
                                (NAME OF ISSUER)

                  Ordinary Shares, NIS 1.00 par value per share
             -------------------------------------------------------
                         (TITLE OF CLASS OF SECURITIES)

                                    M8215W109
             -------------------------------------------------------
                                 (CUSIP NUMBER)

                               September 30, 2008
             -------------------------------------------------------
             (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

     [_]  Rule 13d-1(b)

     [X]  Rule 13d-1(c)

     [_]  Rule 13d-1(d)

*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 the
disclosures provided in a prior cover page.

The information required in 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).



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 2 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     Itshak Sharon (Tshuva)
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            1,176,286 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        1,176,286 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     1,176,286 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     5.76% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     IN
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 748,682. See Item 2(a)
and Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the Securities and Exchange Commission
("SEC") on June 24, 2009).


                                       2



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 3 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     Delek Group Ltd.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            1,176,286 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        1,176,286 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     1,176,286 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     5.76% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 748,682. See Item 2(a)
and Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the Securities and Exchange Commission
("SEC") on June 24, 2009).


                                       3



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 4 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     Delek Investments and Properties Ltd.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            1,176,286 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        1,176,286 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     1,176,286 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     5.76% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 748,682. See Item 2(a)
and Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the SEC on June 24, 2009).


                                       4



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 5 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     The Phoenix Holding Ltd.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            1,176,286 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        1,176,286 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     1,176,286 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     5.76% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 748,682. See Item 2(a)
and Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the SEC on June 24, 2009).


                                       5



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 6 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     The Phoenix Insurance Company Ltd.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            351,914 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        351,914 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     351,914 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     1.72% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 282,557. See Item 2(a)
and Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the SEC on June 24, 2009).


                                       6



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 7 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     The Phoenix Pension and Provident Fund Management Ltd.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            32,919 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        32,919 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     32,919 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     0.16% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 0. See Item 2(a) and
Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the SEC on June 24, 2009).


                                       7



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 8 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     The Phoenix Investment and Finances Ltd.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            824,372 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        824,372 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     824,372 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     4.04% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 466,125. See Item 2(a)
and Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the SEC on June 24, 2009).


                                       8



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 9 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     The Phoenix Provident Funds Ltd.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            16,926 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        16,926 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     16,926 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     0.08% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 0. See Item 2(a) and
Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the SEC on June 24, 2009).


                                       9



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 10 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     Excellence Investments Ltd.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            807,446 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        807,446 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     807,446 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     3.96% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 466,125. See Item 2(a)
and Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the SEC on June 24, 2009).


                                       10



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 11 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     Excellence Nessuah Gemel & Pension Ltd.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            185,625 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        185,625 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     185,625 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     0.91% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 15,484. See Item 2(a)
and Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the SEC on June 24, 2009).


                                       11



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 12 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     Excellence Tzmicha Securities & Investments Ltd
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            621,821 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        621,821 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     621,821 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     3.05% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 450,641. See Item 2(a)
and Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the SEC on June 24, 2009).


                                       12



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 13 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     Excellence Nessuah Mutual Funds Management Ltd.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            47,737 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        47,737 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     47,737 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     0.23% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 0. See Item 2(a) and
Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the SEC on June 24, 2009).


                                       13



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 14 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     Excellence Mutual Funds Ltd.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            47,737 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        47,737 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     47,737 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     0.23% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 0. See Item 2(a) and
Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the SEC on June 24, 2009).


                                       14



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 15 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     K.S.M. Sal Certificates Holdings Ltd.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            574,084 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        574,084 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     574,084 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     2.81% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 450,641. See Item 2(a)
and Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the SEC on June 24, 2009).


                                       15



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 16 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     K.S.M. Financial Instruments Ltd.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            234,748.42 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        234,748.42 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     234,748.42 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     1.15% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 165,638.42. See Item
2(a) and Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the SEC on June 24, 2009).


                                       16



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 17 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     KSM Sal Indices Certificates Ltd.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            10,563.75 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        10,563.75 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     10,563.75 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     0.05% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 0. See Item 2(a) and
Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the SEC on June 24, 2009).


                                       17



- -----------------------                                   ----------------------
CUSIP NO. M8215W109                   13G                 PAGE 18 OF 30 PAGES
- -----------------------                                   ----------------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     K.S.M. Financial Products Ltd.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a) [_]
     (b) [X]
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
- --------------------------------------------------------------------------------
                   5    SOLE VOTING POWER
                        -
  NUMBER OF        -------------------------------------------------------------
   SHARES          6    SHARED VOTING POWER
BENEFICIALLY            328,771.83 (*)
  OWNED BY         -------------------------------------------------------------
    EACH           7    SOLE DISPOSITIVE POWER
  REPORTING             -
 PERSON WITH       -------------------------------------------------------------
                   8    SHARED DISPOSITIVE POWER
                        328,771.83 (*)
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     328,771.83 (*)
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
     instructions)       [_]
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     1.61% (**)
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (See instructions)
     CO
- --------------------------------------------------------------------------------

(*) This figure is as of August 28, 2009. When the obligation to file this
Schedule 13G arose on September 30, 2008, this figure was 300,350.83. See Item
2(a) and Item 4(a).

(**)Based on 20,406,363 ordinary shares outstanding as of June 8, 2009 (as
reported in the Issuer's 6-K filed with the SEC on June 24, 2009).


                                       18



ITEM 1.   (a)  NAME OF ISSUER:

               Retalix Ltd.

          (b)  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

               10 Zarhin Street, P.O. Box 2282, Ra'anana, Israel 43000

ITEM 2.   (a)  NAME OF PERSON FILING:

               1.   Itshak Sharon (Tshuva)

               2.   Delek Group Ltd.

               3.   Delek Investments and Properties Ltd.

               4.   The Phoenix Holding Ltd.

               5.   The Phoenix Insurance Company Ltd.

               6.   The Phoenix Pension and Provident Fund Management Ltd.

               7.   The Phoenix Investment and Finances Ltd.

               8.   The Phoenix Provident Funds Ltd.

               9.   Excellence Investments Ltd.

               10.  Excellence Nessuah Gemel & Pension Ltd.

               11.  Excellence Tzmicha Securities & Investments [Ltd.]

               12.  Excellence Nessuah Mutual Funds Management Ltd.

               13.  Excellence Mutual Funds Ltd.

               14.  K.S.M. Sal Certificates Holdings Ltd.

               15.  K.S.M. Financial Instruments Ltd.

               16.  KSM Sal Indices Certificates Ltd.

               17.  K.S.M. Financial Products Ltd.

               The securities reported herein are beneficially owned by The
               Phoenix Insurance Company Ltd. ("Phoenix Insurance"), provident
               funds managed by The Phoenix Provident Funds Ltd. ("Phoenix
               Provident"), pension funds managed by The Phoenix Pension and
               Provident Fund Management Ltd. ("Phoenix Pension"), pension and
               provident funds managed by Excellence Nessuah Gemel & Pension
               Ltd. ("Excellence Gemel"), mutual funds managed by Excellence
               Mutual Funds Ltd. ("Excellence Mutual") , K.S.M. Financial
               Instruments Ltd. ("KSM Instruments"), KSM Sal Indices
               Certificates Ltd. ("KSM Indices") and K.S.M. Financial Products
               Ltd. ("KSM Products").


                                       19



               Each of Phoenix Insurance, Phoenix Provident, and Phoenix Pension
               (the "Phoenix Subsidiaries") is a direct or indirect wholly-owned
               subsidiary of The Phoenix Holding Ltd. ("Phoenix Holding").
               Phoenix Provident is a direct wholly owned subsidiary of The
               Phoenix Investment and Finances Ltd. ("Phoenix Investment"),
               which is a direct wholly owned subsidiary of Phoenix Holding. The
               Phoenix Subsidiaries operate under independent management and
               make their own independent voting and investment decisions.

               Excellence Investments Ltd. ("Excellence Investments") is a
               majority owned subsidiary of Phoenix Investment, which is a
               direct wholly owned subsidiary of Phoenix Holding.

               Each of Excellence Gemel, KSM Instruments, KSM Indices and KSM
               Products is a direct or indirect wholly-owned subsidiary of
               Excellence Investments. Excellence Mutual is a direct wholly
               owned subsidiary of Excellence Nessuah Mutual Funds Management
               Ltd., which is a majority owned subsidiary of Excellence Tzmicha
               Securities & Investments Ltd. ("Tzmicha"), which is a direct
               wholly owned subsidiary of Excellence Investments. Each of KSM
               Instruments, KSM Indices and KSM Products (collectively with
               Excellence Gemel, Excellence Mutual, KSM Instruments and KSM
               Indices, called the "Excellence Subsidiaries") is a wholly owned
               subsidiary of K.S.M. Sal Certificates Holdings Ltd., which is a
               majority owned subsidiary of Tzmicha. The Excellence Subsidiaries
               operate under independent management and make their own
               independent voting and investment decisions.

               Phoenix Holding is an indirect majority-owned subsidiary of Delek
               Investments and Properties Ltd. ("Delek Investments"). Delek
               Investments is a wholly-owned subsidiary of Delek Group Ltd. As
               of August 28, 2009, approximately 64.03% of Delek Group Ltd.'s
               outstanding share capital and 65.99% of Delek Group Ltd.'s voting
               rights are owned, directly and indirectly, by Itshak Sharon
               (Tshuva) through private companies wholly owned by him, and the
               remainder is held by the public.

          (b)  ADDRESS OF PRINCIPAL BUSINESS OFFICE:

               The address of Itshak Sharon (Tshuva), Delek Group Ltd. and Delek
               Investments and Properties Ltd. is 7 Giborei Israel Street,
               P.O.B. 8464, Netanya, 42504, Israel.

               The address of The Phoenix Holding Ltd., The Phoenix Insurance
               Company Ltd., The Phoenix Pension and Provident Fund Management
               Ltd., The Phoenix Investment and Finances Ltd. and The Phoenix
               Provident Funds Ltd. is Derech Hashalom 53, Givataim, 53454,
               Israel

               The address of Excellence Investments Ltd., Excellence Nessuah
               Gemel & Pension Ltd., Excellence Tzmicha Securities & Investments
               Ltd., Excellence Nessuah Mutual Funds Management Ltd., Excellence
               Mutual Funds Ltd., K.S.M. Sal Certificates Holdings Ltd., K.S.M.
               Financial Instruments Ltd., KSM Sal Indices Certificates Ltd. and
               K.S.M. Financial Products Ltd. is Jabotinsky 7, Ramat Gan, 52520,
               Israel


                                       20



          (c)  CITIZENSHIP:

               1.   Itshak Sharon (Tshuva) - Israel

               2.   Delek Group Ltd. - Israel

               3.   Delek Investments and Properties Ltd. - Israel

               4.   The Phoenix Holding Ltd. - Israel

               5.   The Phoenix Insurance Company Ltd. - Israel

               6.   The Phoenix Pension and Provident Fund Management Ltd. -
                    Israel

               7.   The Phoenix Investment and Finances Ltd. - Israel

               8.   The Phoenix Provident Funds Ltd. - Israel

               9.   Excellence Investments Ltd. - Israel

               10.  Excellence Nessuah Gemel & Pension Ltd. - Israel

               11.  Excellence Tzmicha Securities & Investments Ltd. - Israel

               12.  Excellence Nessuah Mutual Funds Management Ltd. - Israel

               13.  Excellence Mutual Funds Ltd. - Israel

               14.  K.S.M. Sal Certificates Holdings Ltd. - Israel

               15.  K.S.M. Financial Instruments Ltd. - Israel

               16.  KSM Sal Indices Certificates Ltd. - Israel

               17.  K.S.M. Financial Products Ltd. - Israel

          (d)  TITLE OF CLASS OF SECURITIES:

               Ordinary Shares, NIS 1.00 par value per share

          (e)  CUSIP NUMBER:

               M8215W109


                                       21



ITEM 3.        N.A.

ITEM 4.        OWNERSHIP:

          (a)  AMOUNT BENEFICIALLY OWNED:

               See row 9 of cover page of each reporting person.

               The Phoenix Subsidiaries and the Excellence Subsidiaries operate
               under independent management and make their own independent
               voting and investment decisions. Neither the filing of this
               Schedule 13G nor any of its contents shall be deemed to
               constitute an admission that a group exists for purposes of
               Section 13(d) of the Securities Exchange Act of 1934 or for any
               other purpose, and each reporting person disclaims the existence
               of any such group. Any economic interest or beneficial ownership
               in any of the securities covered by this report is held for the
               benefit of the holders of the exchange-traded notes or for the
               benefit of the members of the pension funds, provident funds, or
               mutual funds, as the case may be. Each of the Phoenix
               Subsidiaries and the Excellence Subsidiaries disclaims any
               beneficial ownership of the securities covered by this report in
               excess of their actual pecuniary interest therein. This Statement
               shall not be construed as an admission by Itshak Sharon (Tshuva),
               Delek Group Ltd., Delek Investments, Phoenix Holding, Phoenix
               Investment, Excellence Investments, Tzmicha, Excellence Mutual
               Funds Management Ltd. and K.S.M. Sal Certificates Holdings Ltd.
               that they are the beneficial owners of any of the Ordinary Shares
               covered by this Statement.

          (b)  PERCENT OF CLASS:

               See row 11 of cover page of each reporting person

          (c)  NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:

               (i)  Sole power to vote or to direct the vote:

                    See row 5 of cover page of each reporting person

               (ii) Shared power to vote or to direct the vote:

                    See row 6 of cover page of each reporting person and note in
                    Item 4(a) above

               (iii) Sole power to dispose or to direct the disposition of:

                    See row 7 of cover page of each reporting person

               (iv) Shared power to dispose or to direct the disposition of:

                    See row 8 of cover page of each reporting person and note in
                    Item 4(a) above


                                       22



ITEM 5.        OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

               N.A.

ITEM 6.        OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER:

               N.A.

ITEM 7.        IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
               ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
               COMPANY OR CONTROL PERSON:

               N.A.

ITEM 8.        IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:

               N.A.

ITEM 9.        NOTICE OF DISSOLUTION OF GROUP:

               N.A.


                                       23



ITEM 10.       CERTIFICATION:

     By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.


                                       24



                                    SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.


November 29, 2009

                         ITSHAK SHARON (TSHUVA)

                         /s/ Itshak Sharon
                         ------------------------------------------------------
                         By: Itshak Sharon (Tshuva)

                         DELEK GROUP LTD.

                         /s/ Leora Pratt Levin
                         ------------------------------------------------------
                         By: Leora Pratt Levin*
                         Title: V.P. Legal Affairs

                         DELEK GROUP LTD.

                         /s/ Gabi Last
                         ------------------------------------------------------
                         By: Gabi Last*
                         Title: Chairman

                         DELEK INVESTMENTS AND PROPERTIES LTD.

                         /s/ Leora Pratt Levin
                         ------------------------------------------------------
                         By: Leora Pratt Levin*
                         Title: V.P. Legal Affairs

                         DELEK INVESTMENTS AND PROPERTIES LTD.

                         /s/ Gabi Last
                         ------------------------------------------------------
                         By: Gabi Last*
                         Title: Chairman

                         THE PHOENIX HOLDING LTD.

                         /s/ Dror Nagel
                         ------------------------------------------------------
                         By: Dror Nagel*
                         Title: CEO of Phoenix Investment and Finances Ltd.


                                       25




                         THE PHOENIX HOLDING LTD.

                         /s/ Orly Kronman-Dagan
                         ------------------------------------------------------
                         By: Orly Kronman-Dagan*
                         Title: Legal Counsel and Company Secretary

                         THE PHOENIX INSURANCE COMPANY LTD.

                         /s/ Dror Nagel
                         ------------------------------------------------------
                         By: Dror Nagel*
                         Title: CEO of Phoenix Investment and Finances Ltd.

                         THE PHOENIX INSURANCE COMPANY LTD.

                         /s/ Orly Kronman-Dagan
                         ------------------------------------------------------
                         By: Orly Kronman-Dagan*
                         Title: Legal Counsel and Company Secretary

                         THE PHOENIX PENSION AND PROVIDENT FUND MANAGEMENT LTD.

                         /s/ Orly Kronman-Dagan
                         ------------------------------------------------------
                         By: Orly Kronman-Dagan*
                         Title: Legal Counsel and Company Secretary

                         THE PHOENIX PENSION AND PROVIDENT FUND MANAGEMENT LTD.

                         /s/ David David
                         ------------------------------------------------------
                         By: David David*
                         Title: CFO

                         THE PHOENIX INVESTMENT AND FINANCES LTD.

                         /s/ Dror Nagel
                         ------------------------------------------------------
                         By: Dror Nagel*
                         Title: CEO

                         THE PHOENIX INVESTMENT AND FINANCES LTD.

                         /s/ Orly Kronman-Dagan
                         ------------------------------------------------------
                         By: Orly Kronman-Dagan*
                         Title: Legal Counsel and Company Secretary

                         THE PHOENIX PROVIDENT FUNDS LTD.

                         /s/ David David
                         ------------------------------------------------------
                         By: David David*
                         Title: CFO


                                       26



                         THE PHOENIX PROVIDENT FUNDS LTD.

                         /s/ Orly Kronman-Dagan
                         ------------------------------------------------------
                         By: Orly Kronman-Dagan*
                         Title: Legal Counsel and Company Secretary

                         EXCELLENCE INVESTMENTS LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

                         EXCELLENCE INVESTMENTS LTD.

                         /s/ Gil Deutch
                         ------------------------------------------------------
                         By: Gil Deutch*
                         Title: Chairman of the Board of excellence nessuah

                         EXCELLENCE NESSUAH GEMEL & PENSION LTD.

                         /s/ Yoram Menahem
                         ------------------------------------------------------
                         By: Yoram Menahem*
                         Title: CEO

                         EXCELLENCE NESSUAH GEMEL & PENSION LTD.

                         /s/ Gil Deutch
                         ------------------------------------------------------
                         By: Gil Deutch*
                         Title: Chairman of the Board of excellence nessuah

                         EXCELLENCE NESSUAH GEMEL & PENSION LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

                         EXCELLENCE TZMICHA SECURITIES & INVESTMENTS LTD.

                         /s/ Roni Biram
                         ------------------------------------------------------
                         By: Roni Biram*
                         Title: Chairman of the Board of Excellence Nessuah


                                       27



                         EXCELLENCE TZMICHA SECURITIES & INVESTMENTS LTD.

                         /s/ Gil Deutch
                         ------------------------------------------------------
                         By: Gil Deutch*
                         Title: Chairman of the Board of Excellence Nessuah

                         EXCELLENCE NESSUAH MUTUAL FUNDS MANAGEMENT LTD.

                         /s/ Gil Deutch
                         ------------------------------------------------------
                         By: Gil Deutch*
                         Title: Chairman of the Board of Excellence Nessuah

                         EXCELLENCE NESSUAH MUTUAL FUNDS MANAGEMENT LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

                         EXCELLENCE MUTUAL FUNDS LTD.

                         /s/ Meir Mazuz
                         ------------------------------------------------------
                         By: Meir Mazuz*
                         Title: Chairman of the Board of Directors

                         EXCELLENCE MUTUAL FUNDS LTD.

                         /s/ Gil Deutch
                         ------------------------------------------------------
                         By: Gil Deutch*
                         Title: Chairman of the Board of Excellence Nessuah

                         EXCELLENCE MUTUAL FUNDS LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

                         K.S.M. SAL CERTIFICATES HOLDINGS LTD.

                         /s/ Boaz Nagar
                         ------------------------------------------------------
                         By: Boaz Nagar*
                         Title: Joint CEO


                                       28



                         K.S.M. SAL CERTIFICATES HOLDINGS LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

                         K.S.M. FINANCIAL INSTRUMENTS LTD.

                         /s/ Boaz Nagar
                         ------------------------------------------------------
                         By: Boaz Nagar*
                         Title: Joint CEO

                         K.S.M. FINANCIAL INSTRUMENTS LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

                         KSM SAL INDICES CERTIFICATES LTD.

                         /s/ Boaz Nagar
                         ------------------------------------------------------
                         By: Boaz Nagar*
                         Title: Joint CEO

                         KSM SAL INDICES CERTIFICATES LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

                         K.S.M. FINANCIAL PRODUCTS LTD.

                         /s/ Boaz Nagar
                         ------------------------------------------------------
                         By: Boaz Nagar*
                         Title: Joint CEO

                         K.S.M. FINANCIAL PRODUCTS LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

* Signature duly authorized by resolution of the Board of Directors, notice of
which is attached as an exhibit to this Schedule 13G.


                                       29



EXHIBIT NO.    DESCRIPTION

Exhibit 1      Agreement of Joint Filing.

Exhibit 2      Notice of resolution of the Board of Directors of Delek Group
               Ltd. dated November 25, 2009.

Exhibit 3      Notice of resolution of the Board of Directors of Delek
               Investments & Properties Ltd. dated November 25, 2009.

Exhibit 4      Notice of resolution of the Board of Directors of The Phoenix
               Holdings Ltd. dated May 14, 2009.

Exhibit 5      Notice of resolution of the Board of Directors of The Phoenix
               Insurance Company Ltd. dated December 31, 2008.

Exhibit 6      Notice of resolution of the Board of Directors of The Phoenix
               Pension and Provident Fund Management Ltd. dated November 4, 2009
               (unofficial English translation from Hebrew).

Exhibit 7      Notice of resolution of the Board of Directors of The Phoenix
               Investment and Finances Ltd. dated October 11, 2009 (unofficial
               English translation from Hebrew).

Exhibit 8      Notice of resolution of the Board of Directors of The Phoenix
               Provident Funds Ltd. dated November 4, 2009 (unofficial English
               translation from Hebrew).

Exhibit 9      Notice of resolution of the Board of Directors of Excellence
               Investments Ltd. dated November 29, 2009.

Exhibit 10     Notice of resolution of the Board of Directors of Excellence
               Nessuah Gemel & Pension Ltd. dated November 26, 2009.

Exhibit 11     Notice of resolution of the Board of Directors of Excellence
               Tzmicha Securities & Investments Ltd. dated November 26, 2009.

Exhibit 12     Notice of resolution of the Board of Directors of Excellence
               Nessuah Mutual Funds Management Ltd. dated November 29, 2009.

Exhibit 13     Notice of resolution of the Board of Directors of Excellence
               Mutual Funds Ltd. dated November 29, 2009.

Exhibit 14     Notice of resolution of the Boards of Directors of KSM Financial
               Instruments Ltd., KSM Madadim Ltd., KSM Sal Certificates Holdings
               Ltd., KSM Sal Indices Certificates Ltd., and KSM Financial
               Products Ltd. dated November 26, 2009.

                                       30

EX-99 2 exhibit_1.htm SC 13G


                                                                       EXHIBIT 1

                             JOINT FILING AGREEMENT

     By this Agreement, the undersigned agree that this Statement on Schedule
13G being filed on or about this date, and any subsequent amendments thereto
filed by any of us, with respect to the securities of Retalix Ltd. is being
filed on behalf of each of us.

November 29, 2009

                         ITSHAK SHARON (TSHUVA)

                         /s/ Itshak Sharon
                         ------------------------------------------------------
                         By: Itshak Sharon (Tshuva)

                         DELEK GROUP LTD.

                         /s/ Leora Pratt Levin
                         ------------------------------------------------------
                         By: Leora Pratt Levin*
                         Title: V.P. Legal Affairs

                         DELEK GROUP LTD.

                         /s/ Gabi Last
                         ------------------------------------------------------
                         By: Gabi Last*
                         Title: Chairman

                         DELEK INVESTMENTS AND PROPERTIES LTD.

                         /s/ Leora Pratt Levin
                         ------------------------------------------------------
                         By: Leora Pratt Levin*
                         Title: V.P. Legal Affairs

                         DELEK INVESTMENTS AND PROPERTIES LTD.

                         /s/ Gabi Last
                         ------------------------------------------------------
                         By: Gabi Last*
                         Title: Chairman

                         THE PHOENIX HOLDING LTD.

                         /s/ Dror Nagel
                         ------------------------------------------------------
                         By: Dror Nagel*
                         Title: CEO of Phoenix Investment and Finances Ltd.




                         THE PHOENIX HOLDING LTD.

                         /s/ Orly Kronman-Dagan
                         ------------------------------------------------------
                         By: Orly Kronman-Dagan*
                         Title: Legal Counsel and Company Secretary

                         THE PHOENIX INSURANCE COMPANY LTD.

                         /s/ Dror Nagel
                         ------------------------------------------------------
                         By: Dror Nagel*
                         Title: CEO of Phoenix Investment and Finances Ltd.

                         THE PHOENIX INSURANCE COMPANY LTD.

                         /s/ Orly Kronman-Dagan
                         ------------------------------------------------------
                         By: Orly Kronman-Dagan*
                         Title: Legal Counsel and Company Secretary

                         THE PHOENIX PENSION AND PROVIDENT FUND MANAGEMENT LTD.

                         /s/ Orly Kronman-Dagan
                         ------------------------------------------------------
                         By: Orly Kronman-Dagan*
                         Title: Legal Counsel and Company Secretary

                         THE PHOENIX PENSION AND PROVIDENT FUND MANAGEMENT LTD.

                         /s/ David David
                         ------------------------------------------------------
                         By: David David*
                         Title: CFO

                         THE PHOENIX INVESTMENT AND FINANCES LTD.

                         /s/ Dror Nagel
                         ------------------------------------------------------
                         By: Dror Nagel*
                         Title: CEO

                         THE PHOENIX INVESTMENT AND FINANCES LTD.

                         /s/ Orly Kronman-Dagan
                         ------------------------------------------------------
                         By: Orly Kronman-Dagan*
                         Title: Legal Counsel and Company Secretary

                         THE PHOENIX PROVIDENT FUNDS LTD.

                         /s/ David David
                         ------------------------------------------------------
                         By: David David*
                         Title: CFO


                                        2



                         THE PHOENIX PROVIDENT FUNDS LTD.

                         /s/ Orly Kronman-Dagan
                         ------------------------------------------------------
                         By: Orly Kronman-Dagan*
                         Title: Legal Counsel and Company Secretary

                         EXCELLENCE INVESTMENTS LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

                         EXCELLENCE INVESTMENTS LTD.

                         /s/ Gil Deutch
                         ------------------------------------------------------
                         By: Gil Deutch*
                         Title: Chairman of the Board of excellence nessuah

                         EXCELLENCE NESSUAH GEMEL & PENSION LTD.

                         /s/ Yoram Menahem
                         ------------------------------------------------------
                         By: Yoram Menahem*
                         Title: CEO

                         EXCELLENCE NESSUAH GEMEL & PENSION LTD.

                         /s/ Gil Deutch
                         ------------------------------------------------------
                         By: Gil Deutch*
                         Title: Chairman of the Board of excellence nessuah

                         EXCELLENCE NESSUAH GEMEL & PENSION LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

                         EXCELLENCE TZMICHA SECURITIES & INVESTMENTS LTD.

                         /s/ Roni Biram
                         ------------------------------------------------------
                         By: Roni Biram*
                         Title: Chairman of the Board of Excellence Nessuah


                                        3



                         EXCELLENCE TZMICHA SECURITIES & INVESTMENTS LTD.

                         /s/ Gil Deutch
                         ------------------------------------------------------
                         By: Gil Deutch*
                         Title: Chairman of the Board of Excellence Nessuah

                         EXCELLENCE NESSUAH MUTUAL FUNDS MANAGEMENT LTD.

                         /s/ Gil Deutch
                         ------------------------------------------------------
                         By: Gil Deutch*
                         Title: Chairman of the Board of Excellence Nessuah

                         EXCELLENCE NESSUAH MUTUAL FUNDS MANAGEMENT LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

                         EXCELLENCE MUTUAL FUNDS LTD.

                         /s/ Meir Mazuz
                         ------------------------------------------------------
                         By: Meir Mazuz*
                         Title: Chairman of the Board of Directors

                         EXCELLENCE MUTUAL FUNDS LTD.

                         /s/ Gil Deutch
                         ------------------------------------------------------
                         By: Gil Deutch*
                         Title: Chairman of the Board of Excellence Nessuah

                         EXCELLENCE MUTUAL FUNDS LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

                         K.S.M. SAL CERTIFICATES HOLDINGS LTD.

                         /s/ Boaz Nagar
                         ------------------------------------------------------
                         By: Boaz Nagar*
                         Title: Joint CEO


                                        4



                         K.S.M. SAL CERTIFICATES HOLDINGS LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

                         K.S.M. FINANCIAL INSTRUMENTS LTD.

                         /s/ Boaz Nagar
                         ------------------------------------------------------
                         By: Boaz Nagar*
                         Title: Joint CEO

                         K.S.M. FINANCIAL INSTRUMENTS LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

                         KSM SAL INDICES CERTIFICATES LTD.

                         /s/ Boaz Nagar
                         ------------------------------------------------------
                         By: Boaz Nagar*
                         Title: Joint CEO

                         KSM SAL INDICES CERTIFICATES LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

                         K.S.M. FINANCIAL PRODUCTS LTD.

                         /s/ Boaz Nagar
                         ------------------------------------------------------
                         By: Boaz Nagar*
                         Title: Joint CEO

                         K.S.M. FINANCIAL PRODUCTS LTD.

                         /s/ David Baruch
                         ------------------------------------------------------
                         By: David Baruch*
                         Title: CEO of Excellence Investments Ltd.

* Signature duly authorized by resolution of the Board of Directors, notice of
which is attached as an exhibit to this Schedule 13G.

                                       5

EX-99 3 exhibit_2.htm SC 13G


                                                                       EXHIBIT 2

                                 DELEK GROUP LTD

                                   25/11/2009

                Re: DELEK GROUP LTD (HEREINAFTER: "THE COMPANY")

I hereby confirm that according to the board of directors' resolution, the
company's signature rights, effective these date are as follows:

The joint signatures of any TWO signatories listed below, on and above the
company seal or printed name, bind the company for any purpose.

         ----------------------------------------------------
                             SIGNATORIES
         ----------------------------------------------------
         Mr. Gabi Last
         ----------------------------------------------------
         ***
         ----------------------------------------------------
         ***
         ----------------------------------------------------
         ***
         ----------------------------------------------------
         ***
         ----------------------------------------------------
         ***
         ----------------------------------------------------
         ***
         ----------------------------------------------------
         ***
         ----------------------------------------------------
         Mrs. Leora Pratt Levin
         ----------------------------------------------------
         ***
         ----------------------------------------------------
         ***
         ----------------------------------------------------
         ***
         ----------------------------------------------------

                               /s/ Meital Avital
                               -----------------
                             Meital Avital, Advocate

EX-99 4 exhibit_3.htm SC 13G


                                                                       EXHIBIT 3

                       DELEK INVESTMENTS & PROPERTIES LTD

                                   25/11/2009

       Re: DELEK INVESTMENTS & PROPERTIES LTD (HEREINAFTER: "THE COMPANY")

I hereby confirm that according to the board of directors' resolution, the
company's signature rights, effective these date are as follows:

The joint signatures of any TWO signatories listed below, on and above the
company seal or printed name, bind the company for any purpose.

         ----------------------------------------------------
                             SIGNATORIES
         ----------------------------------------------------
         Mr. Gabi Last
         ----------------------------------------------------
         ***
         ----------------------------------------------------
         ***
         ----------------------------------------------------
         ***
         ----------------------------------------------------
         Mrs. Leora Pratt Levin
         ----------------------------------------------------
         ***
         ----------------------------------------------------
         ***
         ----------------------------------------------------
         ***
         ----------------------------------------------------
         ***
         ----------------------------------------------------

                               /s/ Meital Avital
                               -----------------
                             Meital Avital, Advocate

EX-99 5 exhibit_4.htm SC 13G


                                                                       EXHIBIT 4

                                                                    May 14, 2009

                POWERS OF SIGNATURE IN THE PHOENIX HOLDINGS LTD.
                          (HEREINAFTER: THE "COMPANY")

In accordance with a resolution of the Board of Directors, the powers of
signature in the Company as of June 1st, 2009 are as follows:

GENERAL RIGHTS OF SIGNATURE

1.   The signatures of two directors from Group A shall bind the Company in any
     matter for an unlimited amount.

2.   The signature of the Chairman of the Board of Directors and the General
     Manager of the Company together, or the signature of one of them with the
     addition of a director from Group B, shall bind the Company in any matter
     for an unlimited amount.

3.   The signature of one of the directors from Group A together with the
     signature of one of the directors from Group B shall bind the Company in
     any matter up to a sum of NIS 50,000,000.

4.   The signatures of two directors from Group B shall commit the Company's
     accounts in any matter up to a sum of NIS 25,000,000.

5.   ***

DELEGATION AND REVOCATION OF POWERS

6.   ***

7.   ***

8.   ***



- -------------------------------------- ----------------------------------------
               GROUP A                                 GROUP B
- -------------------------------------- ----------------------------------------
***                                    ***
- -------------------------------------- ----------------------------------------
***                                    Dror Nagel
- -------------------------------------- ----------------------------------------
***                                    Orly Kronman Dagan
- -------------------------------------- ----------------------------------------
***                                    ***
- -------------------------------------- ----------------------------------------
***
- -------------------------------------- ----------------------------------------
***
- -------------------------------------- ----------------------------------------
***
- -------------------------------------- ----------------------------------------
***
- -------------------------------------- ----------------------------------------
***
- -------------------------------------- ----------------------------------------
***
- -------------------------------------- ----------------------------------------

I hereby certify that the aforesaid resolutions of the Board of Directors were
duly adopted and are binding on the Company for all intents and purposes.

                                                         Best Regards,

                                                     /s/ Orly Kronan Dagan
                                                     ---------------------
                                                   Orly Kronman Dagan, Adv.
                                                     VP, Company Secretary

EX-99 6 exhibit_5.htm SC 13G



                                                                       EXHIBIT 5

                                                             December 31th, 2008

TO WHOM IT MAY CONCERN

         RE: POWERS OF SIGNATURE IN THE PHOENIX INSURANCE COMPANY LTD.
                          (HEREINAFTER: THE "COMPANY")

In accordance with a resolution of the Board of Directors, the powers of
signature in the Company as of December 31a, 2008 are as follows:

GENERAL RIGHTS OF SIGNATURE

1.   The signatures of two directors from Group A shall bind the Company in any
     matter for an unlimited amount. The signature of the Chairman of the Board
     of Directors and/or the General Manager of the Company together, or the
     signature of one of them with the additional signature of a an officer from
     Group B, shall bind the Company in any matter for an unlimited amount.

2.   The signature of one of the directors from Group A together with the
     signature of one of the officers from Group B shall bind the Company in any
     matter up to a sum of NIS 50,000,000.

3.   The signatures of two officers from Group B shall bind the Company's
     accounts in any matter up to a sum of NIS 25,000,000.

4.   The signature of an officer from Group B together with the signature of an
     officer from Group C shall bind the Company's accounts in any matter up to
     a sum of NIS 5,000,000.

5.   ***

6.   ***

7.   ***

8.   ***

9.   ***

10.  ***

REAL ESTATE AND VEHICLE

11.  ***

12.  ***

CLUSTERS AND AGENCIES

13.  ***

14.  ***

15.  ***

16.  ***

SIGNATURE LIMITATIONS

17.  ***

DELEGATION AND REVOCATION OF POWERS

18.  ***

19.  ***

20.  ***


                                       1



      GROUP A               GROUP B                GROUP C              GROUP D               GROUP E              GROUP F
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
 ***                  ***                    ***                   ***                   ***                  ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
 ***                  ***                    ***                   ***                   ***                  ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
 ***                  Dror Nagel             ***                   ***                                        ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
 ***                  ***                    ***                   ***                                        ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
 ***                  ***                    ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
 ***                  ***                    ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
 ***                  ***                    ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
 ***                  ***                    ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
 ***                  ***                    ***                   ***
 -----------------    ------------------      -----------------     -----------------     -----------------    -----------------
                      ***                    ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                      ***                    ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                      ***                    ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                      ***                    ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                      ***                    ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                      ***                    ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                      ***                    ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                      Orly Kronman Dagan     ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                      ***                    ***                   ***
 -----------------    ------------------      -----------------     -----------------     -----------------    -----------------
                      ***                    ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                      ***                    ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                      ***                    ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                      ***                    ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                             ***                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------
                                                                   ***
 -----------------    ------------------     -----------------     -----------------     -----------------    -----------------

I hereby certify that the aforesaid resolutions of the Board of Directors were
duly adopted and are binding on the Company for all intents and purposes.

                                                        Best Regards,

                                                        /s/ Orly Kronman Dagan
                                                        ----------------------
                                                        Orly Kronman Dagan, Adv.
                                                        V.P., Company Secretary


                                       2

EX-99 7 exhibit_6.htm SC 13G

                                                                       EXHIBIT 6



                                                                November 4, 2009

  POWERS OF SIGNATURE IN THE PHOENIX PENSION AND PROVIDENT FUND MANAGEMENT LTD.
                          (HEREINAFTER: THE "COMPANY")

In accordance with a resolution of the Board of Directors, the powers of
signature in the Company as of November 11, 2009 are as follows:

GENERAL RIGHTS OF SIGNATURE

     1.   The signatures of two directors from Group A shall bind the Company in
          any matter for an unlimited amount.

     2.   ***

     3.   ***

     4.   ***

     5.   ***

SIGNATURE LIMITATIONS

     6.   ***

DELEGATION AND REVOCATION OF POWERS

     7.   ***

     8.   ***

     9.   ***


                                       1


- -----------------------  ----------------------- -------------------------
       GROUP A                  GROUP B                  GROUP C
- -----------------------  ----------------------- -------------------------
***                      ***                     ***
- -----------------------  ----------------------- -------------------------
***                      ***                     ***
- -----------------------  ----------------------- -------------------------
***                      ***                     ***
- -----------------------  ----------------------- -------------------------
***                      ***
- -----------------------  ----------------------- -------------------------
***                      ***
- -----------------------  ----------------------- -------------------------
David David              ***
- -----------------------  ----------------------- -------------------------
***
- -----------------------  ----------------------- -------------------------
***
- -----------------------  ----------------------- -------------------------
***
- -----------------------  ----------------------- -------------------------
Orly Kronman Dagan
- -----------------------  ----------------------- -------------------------
***
- -----------------------  ----------------------- -------------------------

I hereby certify that the aforesaid resolutions of the Board of Directors were
duly adopted and are binding on the Company for all intents and purposes.


                                                             Best Regards,

                                                             /s/ Viki Tamam
                                                             --------------
                                                             Viki Tamam, Adv.
                                                             Legal Department
                                                             Company Secretary

                                       2

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                                                                       EXHIBIT 7


                                                                October 11, 2009

         SIGNATURE AUTHORITY IN THE PHOENIX INVESTMENT AND FINANCES LTD.
                          (HEREINAFTER: THE "COMPANY")

In accordance with a resolution of the Board of Directors, the powers of
signature in the Company as of October 11, 2009 are as follows:

GENERAL SIGNATURE RIGHTS

     1.   The signatures of two directors from Group A shall bind the Company in
          any matter for an unlimited amount.

     2.   The signature of the Chairman of the Board of Directors together with
          the addition of a director from Group B, shall bind the Company in any
          matter for an unlimited amount.

     3.   The signature of one of the directors from Group A together with the
          signature of one of the directors from Group B shall bind the Company
          in any matter up to a sum of NIS 4,000,000.

     4.   ***

     5.   ***

REAL ESTATE

     6.   ***

     7.   ***

     8.   ***

     9.   ***

SIGNATURE LIMITATIONS

     10.  ***

DELEGATION AND REVOCATION OF POWERS

     11.  ***

     12.  ***

     13.  ***

AUTHORITIES BETWEEN THE GROUPS

     14.  ***

   ------------------------ ----------------------- -------------------------
           GROUP A                 GROUP B                  GROUP C
   ------------------------ ----------------------- -------------------------
   ***                      ***                     ***
   ------------------------ ----------------------- -------------------------
   ***                      Orly Kronman Dagan
   ------------------------ ----------------------- -------------------------
   ***                      ***
   ------------------------ ----------------------- -------------------------
   Dror Nagel - CEO
   ------------------------ ----------------------- -------------------------

I hereby certify that the aforesaid resolutions of the Board of Directors were
duly adopted and are binding on the Company for all intents and purposes.

                                                     Best Regards,

                                                     /s/ Viki Tamam
                                                     --------------
                                                     Viki Tamam, Adv.
                                                     Legal Department
                                                     Company Secretary

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                                                                       EXHIBIT 8


                                                                November 4, 2009

             SIGNATURE AUTHORITY IN THE PHOENIX PROVIDENT FUNDS LTD.
                          (HEREINAFTER: THE "COMPANY")

In accordance with a resolution of the Board of Directors, the powers of
signature in the Company as of November 11, 2009 are as follows:

GENERAL RIGHTS OF SIGNATURE

     1.   The signatures of two directors from Group A shall bind the Company in
          any matter for an unlimited amount.

     2.   ***

     3.   ***

     4.   ***

     5.   ***

AGREEMENTS

     6.   ***

SIGNATURE LIMITATIONS

     7.   ***

DELEGATION AND REVOCATION OF POWERS

     8.   ***

     9.   ***

     10.  ***

                                       1



   ------------------------ ----------------------- -------------------------
           GROUP A                 GROUP B                  GROUP C
   ------------------------ ----------------------- -------------------------
   ***                      ***                     ***
   ------------------------ ----------------------- -------------------------
   ***                      ***                     ***
   ------------------------ ----------------------- -------------------------
   David David              ***                     ***
   ------------------------ ----------------------- -------------------------
   ***                      ***
   ------------------------ ----------------------- -------------------------
   ***                      ***
   ------------------------ ----------------------- -------------------------
   ***                      ***
   ------------------------ ----------------------- -------------------------
   ***
   ------------------------ ----------------------- -------------------------
   Orly Kronman Dagan
   ------------------------ ----------------------- -------------------------
   ***
   ------------------------ ----------------------- -------------------------

I hereby certify that the aforesaid resolutions of the Board of Directors were
duly adopted and are binding on the Company for all intents and purposes.

                                                       Best Regards,

                                                       /s/ Viki Tamam
                                                       --------------
                                                       Viki Tamam, Adv.
                                                       Legal Department
                                                       Company Secretary

                                       2

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                                                                       EXHIBIT 9

                               EXCELLENCE NESSUAH
                                LEGAL DEPARTMENT
                       Tal: 03-7538511     Fax: 037608497

                                November 29, 2009

To whom it may concern:

                   EXCELLENCE INVESTMENTS LTD ("THE COMPANY").

I hereby confirm that, in accordance with the resolutions of the Board of
Directors of the Company, the general signatory rights of the Company as of the
date hereof, are as follows:

- -------------------------------------  ----------------------------------------
NAME:                                  IDENTITY CARD:
- -------------------------------------  ----------------------------------------
***                                    ***
- -------------------------------------  ----------------------------------------
Mr. Gil Deutch                         ***
- -------------------------------------  ----------------------------------------
Mr. David Baruch                       ***
- -------------------------------------  ----------------------------------------
***                                    ***
- -------------------------------------  ----------------------------------------

The joint signature of Two Persons of the mentioned above, when appearing with
the rubber stamp seal of the Company or its printed name, shall bind the Company
for all intents and purposes, without limitation of amount.



                                                      Sincerely,

                                                   /s/ Yael Ahi Dror
                                                   -----------------
                                                  Yael Ahi Dror, Adv.
                                             Legal& Regulation Department

EX-99 15 exhibit_10.htm SC 13G


                                                                      EXHIBIT 10

                                   EXCELLENCE
                          LEGAL & REGULATION DEPARTMENT
- --------------------------------------------------------------------------------

                                                    Ramat-Gan, November 26, 2009

To Whom It May Concern,

             RE: EXCELLENCE NESSUAH GEMEL & PENSION LTD. ("COMPANY")

As the legal counsel of the company in subject, I hereby confirm that:

1.   The Company is registered in the records held by the Israeli Companies
     Registrar as a Private Company No.513026484.

2.   Excellence Investments Ltd. is the effective control-owner (in full
     ownership) of the company. Excellence Investments Ltd. is a publicly traded
     company, registered in the Tel-Aviv Stock Exchange, Israel.

3.   In accordance with the resolutions of the Board of Directors of the
     Company, the general signatory rights of the Company as of the date hereof,
     are as follows:

- ---------------------------------------------  -----------------------------------------------
                    GROUP A                                         GROUP B
- ---------------------------------------------  -----------------------------------------------
         NAME:                    I.D.                   NAME:                   I.D.
- -----------------------  --------------------  ---------------------  ------------------------
***                      ***                   ***                    ***
- -----------------------  --------------------  ---------------------  ------------------------
Yoram Menahem            ***                   Gil Deutch             ***
- -----------------------  --------------------  ---------------------  ------------------------
                                               David Baruch           ***
- -----------------------  --------------------  ---------------------  ------------------------
                                               ***                    ***
- -----------------------  --------------------  ---------------------  ------------------------
                                               ***                    ***
- -----------------------  --------------------  ---------------------  ------------------------

THE JOINT SIGNATURE OF ONE PERSON OF GROUP A, TOGETHER WITH ONE PERSON OF GROUP
B, OR TWO PERSONS OF GROUP B, WITH THE COMPANY'S SEAL OR ITS PRINTED NAME, SHALL
BIND THE COMPANY OF ALL INTENTS AND PURPOSES, WITHOUT LIMITATION OF AMOUNT.


                                                     Sincerely,

                                                   /s/ Yonit Peri
                                                   --------------
                                                  Yonit Peri, Adv.
                                           Legal & Regulation Department

EX-99 16 exhibit_11.htm SC 13G


                                                                      EXHIBIT 11

                                   EXCELLENCE
                          LEGAL & REGULATION DEPARTMENT
- --------------------------------------------------------------------------------

                                                    Ramat-Gan, November 26, 2009

To Whom It May Concern,

         RE: EXCELLENCE TZMICH SECURITIES & INVESTMENTS LTD ("COMPANY")

As the legal counsel of the company in subject, I hereby confirm that:

     1.   The Company is registered in the records held by the Israeli Companies
          Registrar as a Private Company No.510927346

     2.   Excellence Investments Ltd. is the effective control-owner (in full
          ownership) of the Company. Excellence Investments Ltd. is a publicly
          traded company, registered in the Tel-Aviv Stock Exchange, Israel.

     3.   In accordance with the resolutions of the Board of Directors of the
          Company, the general signatory rights of the Company as of the date
          hereof, are as follows:


               NAME                     I.D.
      ----------------------  ----------------------
      Roni Biram              ***
      Gil Deutch              ***
      ***                     ***
      ***                     ***

THE SIGNATURES OF ANY TWO OF THE ABOVE, TOGETHER WITH THE COMPANY'S SEAL OR
PRINTED LETTERHEAD, SHALL BIND THE COMPANY FOR ALL INTENTS AND PURPOSES, WITHOUT
LIMITATION OF AMOUNT.


                                                         Sincerely,

                                                       /s/ Yonit Peri
                                                       --------------
                                                      Yonit Peri, Adv.
                                                Legal & Regulation Department

EX-99 17 exhibit_12.htm SC 13G



                                                                      EXHIBIT 12

                               EXCELLENCE NESSUAH
                                LEGAL DEPARTMENT
                       Tal: 03-7538511     Fax: 037608497
- --------------------------------------------------------------------------------

                                November 29, 2009

To whom it may concern:

         EXCELLENCE NESSUAH MUTUAL FUNDS MANAGEMENT LTD ("THE COMPANY").

I hereby confirm that, according to the resolution of the board of directors of
the Company dated: February 22nd, 2009, the authorized signatories for the
company are as follows:

        ----------------------------------------------------------------
                 NAME                        IDENTITY CARD
        ---------------------------  -----------------------------------
        ***                          ***
        ---------------------------  -----------------------------------
        Mr. Gil Deutch               ***
        ---------------------------  -----------------------------------
        Mr. David Baruch             ***
        ---------------------------  -----------------------------------
        ***                          ***
        ---------------------------  -----------------------------------
        ***                          ***
        ---------------------------  -----------------------------------
        ***                          ***
        ---------------------------  -----------------------------------
        ***                          ***
        ---------------------------  -----------------------------------

The signatures of two of the above authorized signatories with the company's
stamp or printed name, bind the Company for any purpose or matter with no extent
limitation.



                                                        Sincerely,

                                                     /s/ Yael Ahi Dror
                                                     -----------------
                                                   Yael Ahi Dror, Adv.
                                               Legal & Regulation Department

EX-99 18 exhibit_13.htm SC 13G


                                                                      EXHIBIT 13

                               EXCELLENCE NESSUAH
                                LEGAL DEPARTMENT
                       Tal: 03-7538511     Fax: 037608497
- --------------------------------------------------------------------------------

                                November 29, 2009

To whom it may concern:

                    EXCELLENCE MUTUAL FUNDS LTD ("THE COMPANY").

I hereby confirm that, according to the resolution of the board of directors of
the Company dated: July 14th, 2009, the authorized signatories for the Company
are as follows:

- ------------------------------------------------------------------------------------------------
                    GROUP A                                         GROUP B
- ----------------------------------------------  ------------------------------------------------
         NAME                IDENTITY CARD               NAME                 IDENTITY CARD
- ----------------------  ----------------------  ---------------------  -------------------------
Meir Mazuz              ***                     David Baruch           ***
- ----------------------  ----------------------  ---------------------  -------------------------
***                     ***                     ***                    ***
- ----------------------  ----------------------  ---------------------  -------------------------
                                                ***                    ***
- ----------------------  ----------------------  ---------------------  -------------------------
                                                ***                    ***
- ----------------------  ----------------------  ---------------------  -------------------------
                                                Gil Deutch             ***
- ----------------------  ----------------------  ---------------------  -------------------------

The signatures of two of the above authorized signatories when one is from group
A and the other is from group B, with the company's stamp or printed name, bind
the Company for any purpose or matter with no extent limitation.

                                                       Sincerely,

                                                    /s/ Yael Ahi Dror
                                                    -----------------
                                                  Yael Ahi Dror, Adv.
                                              Legal & Regulation Department

EX-99 19 exhibit_14.htm SC 13G


                                                                      EXHIBIT 14

                         KSM FINANCIAL INSTRUMENTS LTD.

                                KSM MADADIM LTD.

                       KSM SAL CERTIFICATES HOLDINTS LTD.

                           KSM FINANCIAL PRODUCTS LTD.

                   (EACH SHALL BE REFERRED TO AS THE COMPANY)
- --------------------------------------------------------------------------------

To: Whom it may concern

                                                               November 26, 2009

Dear Sir/Madam,

                           Re: AUTHORIZED SIGNATORIES

As the legal counsel of the Company, I hereby confirm that according to a
resolution of the Company's Board of Directors, the Company's authorized
signatories as of even date, are as follows:

                     GROUP B                                          GROUP A
- ----------------------------------------------- --------------------------------------------------
          NAME                       ID                    NAME                        ID
- -----------------------   --------------------- -----------------------     ----------------------
***                       ***                   ***                         ***
- -----------------------   --------------------- -----------------------     ----------------------
***                       ***                   ***                         ***
- -----------------------   --------------------- -----------------------     ----------------------
Nagar, Boaz               ***                   ***                         ***
- -----------------------   --------------------- -----------------------     ----------------------
***                       ***                   ***                         ***
- -----------------------   --------------------- -----------------------     ----------------------
                                                David Baruch                ***
- -----------------------   --------------------- -----------------------     ----------------------

- -----------------------   --------------------- -----------------------     ----------------------

- -----------------------   --------------------- -----------------------     ----------------------

Two of the above signatures, one of Group A member and the other of Group B
member, alongside the Company's printed name or seal, will bind the Company in
any matter.

                                                         Respectfully,


                                                         /s/ Arbel Zamir
                                                         ---------------
                                                         Arbel Zamir, Adv.

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