6-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                             ----------------------


                                    FORM 6-K

                        REPORT OF FOREIGN PRIVATE ISSUER
                      PURSUANT TO RULE 13A-16 OR 15D-16 OF
                       THE SECURITIES EXCHANGE ACT OF 1934


For the month of May, 2005


Commission File Number  000-28996


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


                                 ELSCINT LIMITED
                 (Translation of Registrant's Name Into English)


                  13 NOAH MOZES STREET, TEL AVIV 67442, ISRAEL
                    (Address of principal executive offices)



      Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
      Form 20-F  X            Form 40-F
               ----                    ----

      Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1): ____

      Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7): ____

      Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
      Yes                     No  X
         ----                   ----

      If "Yes is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-_______.



                                EXPLANATORY NOTE

Attached are the following exhibits:

99.1  Press release, released publicly on May 5, 2005.





                                    SIGNATURE

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                       ELSCINT LIMITED
                                       (Registrant)


Date: May 8, 2005                      By: /s/ Rachel Lavine
                                          ---------------------------------
                                          Name:  Rachel Lavine
                                          Title: President



                                  EXHIBIT INDEX

EXHIBIT NO.       DESCRIPTION
- -----------       -----------

99.1              Press release, released publicly on May 5, 2005.

EX-99

                                                                    Exhibit 99.1


                                [GRAPHIC OMITTED]



                        ELSCINT COMPLETES ACQUISITION OF
                        MANGO ISRAEL CLOTHING & FOOTWEAR

  - Mango is the Israeli Distributor and Seller of the Internationally Renowned
                        Retail Brand Name MANGO-MNG(TM) -

Tel-Aviv, Israel - May 5, 2005 - Elscint Ltd. (NYSE: ELT) ("Elscint") today
announced that it completed the transaction for the acquisition of 100% of the
equity and voting rights of Mango Israel Clothing & Footwear Ltd. ("Mango"), the
Israeli distributor and retailer of the internationally renowned retail brand
name MANGO-MNG(TM). Mango operates eight retail facilities in various cities in
Israel. The consummation of the transaction follows the execution of a letter of
intent, as previously reported on December 27, 2004.

Pursuant to the terms of definitive Share Purchase Agreement ("Agreement")
signed on April 20, 2005, Elscint paid an aggregate amount of (euro)2.85 million
(approximately $3.7 million at the date of this release) in consideration for
the acquisition of the equity and voting rights of Mango, as well as for an
option to operate an additional retail facility in Israel. Concurrently with the
Share Purchase Agreement, Mango executed distribution agreements with the owners
of the MANGO-MNG(TM) brand name for a 10-year period.

The newly appointed managing director of Mango has been awarded an option to
acquire up to 10% of the equity and voting rights of Mango within 30 days from
the completion of the transaction, and a second option to acquire up to an
additional 10% of the equity and voting rights in the company exercisable no
later than the first anniversary of the closing. Both options may be exercised
in consideration for amounts equivalent to the cost to Elscint, pro rata.

The transaction was completed after receiving consent from certain third
parties.

Rachel Lavine, president and CEO of Elscint, commented: "We are gratified that
the transaction for the sale of the acquisition of Mango has now been finalized.
The acquisition of Mango marks our first entry into the retail market and is a
complement to our operations in the commercial real-estate market. We believe
that the MANGO-MNG(TM) brand name offers a high potential to succeed in the
Israeli apparel market. We intend to open a Mango flagship store in the Arena
shopping and entertainment center. We believe this will be a worthy addition to
Arena, and will promote Arena as the foremost brand name shopping center in
Israel."




Elscint Limited has interests in hotels in Western Europe, in hotel development
projects principally in Western and Central Europe and in the Arena commercial
and entertainment center in Israel.


This release contains certain forward-looking statements which involve known and
unknown risks, uncertainties or other factors not under the Company's control
which may cause actual results, performance or achievements of the Company to be
materially different from the results, performance or other expectations implied
by these forward-looking statements. These factors include, but are not limited
to, those detailed in the Company's periodic filings with the Securities and
Exchange Commission.


For Further Information:

Company Contact                          Investor Contact
Marc Lavine, Adv.                        Kathy Price
Elscint Limited                          The Anne McBride Company
+ 972-3-608-6001                         + 212-983-1702 x212
mlavine@elscint.net                      kprice@annemcbride.com