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Financial News

 14 May 2008

Annual Report & Accounts

The Company will send to shareholders notice of its Annual General Meeting to be held at 11 a.m. on 16 June 2008 at the offices of Kaupthing Singer and Friedlander, One Hanover Street, London, W1S 1AX.

Copies of the notice and the Company's Annual Report and Accounts for the year ended 31 December 2007 are now available on the investor relations section of its website, http://www.batm.co.il/int/index/en/annualreports

Enquiries:

BATM Advanced Communications
+972 9 866 2525
Dr Zvi Marom, Chief Executive

Threadneedle Communications
+44 20 7936 9606
Josh Royston / Graham Herring

Kaupthing Singer and Friedlander Capital Markets ltd
+44 20 3205 5000
Nicholas How / Marc Young
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