Weekly Review: 11-15 December 2011 TASE trading in the second week of December ended with mixed trend.

• The TA-25 index increased 2.1% over the week, is 17.6% lower than its beginning-of-the-year level, following a 16% increase in 2010.

• The TA-100 index, which increased 1.5%, is 19.3% lower than at the beginning of the year, following a 15% increase in 2010.

• The TA Banks increased 2.0%, while the TA Real Estate-15 and TA BlueTech-50 indices declined 1.0% and 0.4% respectively.

• Within the framework of the semi-annual rebalance of TASE indices, shares of the electronics firm, "Mellanox Technologies" (which is traded also on NASDAQ) and of Telecommunications Company "HOT" joined the TA-25 index, as of today. At the same time, Discount Investments was deleted from the index.

• The Government of Israel floated government bonds on the local market equaling US $610 million. Since the beginning of the year, the government has raised US $17.2 billion in government bond issues, as opposed to US $15.2 billion in the 2010 calendar year.

• NIS/dollar exchange rate on 15 December came to 3.800, a weekly increase of 0.8% against the shekel, which brings the year-to-date appreciation of the dollar to 7.1%, after depreciating 6% in 2010.

• The NIS/Euro exchange rate on 15 December came to 4.9389 down 1.6% over the week. The Euro has appreciated 4.2% against the NIS since the beginning of the year, after depreciating 12.9% in 2010.