Yaakov Neeman* Tuvia Erlich Meir Linzen Alan Sacks Yaacov Brandt Ehud Sol Janet Levy Pahima Amir Seraya Yael (Neeman) Bar-Shai Yaacov Sharvit Eliot Sacks Baruch Katzman David Zailer Mark Phillips Adam Eytan Orly Gerbi Moshe Hardi Gilad Wekselman Yossi Ashkenazi Gil White Anthony Leibler Eldad Chamam Ilanit Landesman Yogev Limor Hodir Ory Nacht Maya Racine Netser Esther Sternbach Ariel Flavian Roni Libster Menachem Neeman Karen L. Elburg Hanan Haviv Liat Shaked-Katz Ruth Dagan Asher Dovev Odelia Offer Sharon Petel Moria Tam-Harshoshanim Guy Katz Daniel Reisner Nurit Dagan Yaniv Dinovitch Nir Raber Harriet Finn Jay K. Kupietzky Alon Ziv Ofir Segev Ran Hai Ronen Reingold Haya Ehrman Tal Dror Schwimmer Shai Kagan Chagai Vered Gilad Majerowicz Yuval Navot Irit Roth Boaz Golan Michal Caspi Shira Margalit -Elbaz Efri Berkovich Yehoshua Gurtler Shachar Porat Amir Peres Yair Geva Nir Dash Itzhak Shragay Eran Lempert Tamara Tapoohi Waldman Hanna Bilavsky Saar Pauker Orit Hipsher Moshe Yaacov Daniel Lipman Lowbeer Carmit Keanan Neil Wilkof Nimrod Kozlovski Moran Yemini Ofer Granot Ron Ben-Menachem Dan Sharot Ronen Hausirer Gilad Neeman Ayelet Regavim-Kahanov Ariel Yosefi Asaf Nahum Roi Hayun Tal Even-Zahav Haim Machluf Ruth Bergwerk Yuval Meidar Aviram Hazak Aya Ben David Ashbel Efrat Ben-Eliezer Sagit Avital-Asaf Rotem Virnik Robert Wiseman Michal Gutelzon Vladi Borodovsky Yoni Frider Itai Sarfaty Elad Shaul Gal Schwartz Ran Kedem Ra'anan Sagi Na’ama Babish Avital Agami-Shlomovich Revital Katz Eran Wagner Orit Strauss Dana Gal-Altbauer Michal Haberfeld Hen Tirosh Racheli Pry-Reichman Ifat Pagis-Gelman Zeev Kallach Tal Hamdi Yael Chervinsky Edan Gilad Shay Coby Solomon Maayan Hammer-Tzeelon Chen Luzzatto Keren Assaf Tseela Yurkevich Limor Lerner Shechter Adina Shapiro Lev Zigman Noa Landau Bar-Ner Uriel Mozes Tsouriel Picard Tamar Fefer-Solomon Elad Wieder Ilana Berman-Nir Tamar Bachar Nir Gal Michal Lavi Adar Ortal Ohad Elkeslassy Efrat Tzur Dana Kashi Nir Miller Dikla Nassi Chen Dekel-Zilber Jennifer Schear Yotam Blaushild Liran Barak Chen Moyal Eyal Shaltieli Alon Lederman Michal Pereg Erez Nahum Tomer Farkash Maor Roth Rosie Mordoch-Ron Keren Horowitz Chen Perek Rani Hirsh Zara Gold Sahar Regev Omer Yaniv Nadav Yariv Jenia Melkhior Karin Fried Tal Avigdory Yehonatan Ohayon Lital Wolfovitz Mor Atias Reut Alcalay Menachem Danishefsky Michal Weisbert Liraz Cohen Aviv Parienty Rafael Herbst Zvika Friedman Sarit Shainboim Yael Hauser Shiran Shouldiner Michal Siksik Huber Itamar Gur Yehuda Hommfor Doron Hindin Amit Laufer Rotem Shay Talia Blazer Nimrod Praver Tomer Marsha Shani Gertzman Nofar Asselman Tal Zohar Noy Levinson Maayan Clara Padlon Einat Steiner Tom Waltner Orly Erlich Oshrit Aviv Sigal Berger Eitan Ella Noa Gruman Hila Dovev Noa Leon Natan Rosenwasser Grigory Danovich Lior Sofer Maya Rozenwax Dana Comber Odelia Efrath Ilan Eliav Erez Levy Chen Biton Eliran Doyev Orr Diskin Roi Lagrisi Daniel Paz Isaac Zarfati Sharon Zfoni Gal Sagi Sharbel Shama Smadar Shunim Erez Abu Amir Cooper Hofit Cahana Yuval Shalom Elad Gershkovich

EXHIBIT 5.1	28 February 2014
	File No: 40959

Magic Software Enterprises Ltd.

Haplada 5

Or Yehuda 60218

Israel

Re: Registration Statement on Form F-3

Ladies and Gentlemen:

We have acted as Israeli counsel to Magic Software Enterprises Ltd. (the "Company"), a company organized under the laws of the State of Israel in connection with an underwritten public offering (the "Offering") contemplating the issuance and sale by the Company of ordinary shares, par value NIS 0.1 per share of the Company (the "Offered Shares"), including Offered Shares issuable upon exercise of an option granted to the Underwriters (as defined below) to purchase additional ordinary shares.

In connection herewith, we have examined originals or copies of (i) the registration statement on Form F-3, (File No. 333- 192241), filed by the Company with the U.S. Securities and Exchange Commission (the "SEC") on November 8, 2013 (as amended through the date hereof, the "Registration Statement") including the prospectus of the Company, as supplemented by the prospectus supplement dated February 27, 2014 (together, the "Prospectus"), with respect to the offering of the Offered Shares included therein, (ii) a copy of the Memorandum of Association of the Company, (iii) a copy of the Articles of Association of the Company, as currently in effect, (iv) resolutions of the board of directors of the Company (the "Board"), (v) the Underwriting Agreement dated February 27, 2014 (the "Underwriting Agreement"), between the Company and Barclays Capital Inc. and William Blair & Company, L.L.C., as representatives of the several underwriters named therein (collectively, the "Underwriters"), (vi) a printout of the Israeli Company's Registrar with respect to the Company, dated February 27, 2014, and (vii) such other documents, corporate records, agreements, certificates and instruments as we have deemed necessary or advisable for the purpose of rendering this opinion.

 

In our examination, we have assumed the genuineness of all signatures, the legal capacity of all natural persons executing documents upon which we have relied, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as certified, photostatic or facsimile copies and the authenticity of the originals of such copies. As to all questions of fact required for rendering this opinion that have not independently established, we have relied upon certificates or comparable documents of officers and representatives of the Company.

Based upon and subject to the foregoing, we are of the opinion that, upon payment to the Company for the Offered Shares of the consideration per Offered Share in such amount and form as shall be determined by the Board or an authorized committee thereof, the Offered Shares, when issued and sold in the Offering as described in the Registration Statement, will be duly authorized, validly issued, fully paid and non-assessable.

This opinion has been prepared for use in connection with the filing by the Company of a Current Report on Form 6-K which will be incorporated by reference into the Registration Statement and the Prospectus. We consent to the filing of this opinion as an exhibit to the Registration Statement and to the references to our name under the caption "Legal Matters" in the Prospectus. In giving this consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the U.S. Securities Act of 1933 (the "Securities Act"), the rules and regulations promulgated thereunder or Item 509 of Regulation S-K under the Securities Act.

The opinion expressed herein is limited to Israeli law, and we do not express any opinion as to the laws of any other jurisdiction. In addition, this opinion is limited to the matters stated herein and no opinion is implied or may be inferred beyond the matters expressly stated.

This opinion letter is rendered as of the date hereof and we disclaim any obligation to advise you of facts, circumstances, events or developments that may be brought to our attention after the date hereof that may alter, affect or modify the opinions expressed herein.

Very truly yours,

/s/Herzog, Fox & Neeman
Herzog, Fox & Neeman

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