[LOGO] KOOR INDUSTRIES LTD.
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OFFICE OF LEGAL COUNSEL
21 Ha'arba'a Street
Tel Aviv 64739
Israel
Tel: 972-3-6238420
Fax: 972-3-6238425
April 3, 2000
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The Securities Authority The Tel Aviv Stock Exchange The Registrar of Companies
22 Kanfei Nesharim St. 54 Ahad Ha'am St. 97 Yafo St.
Jerusalem 95464 Tel Aviv 65202 Jerusalem 91007
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Fax: 02-6513940 Fax: 03-5105379
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Dear Sirs,
RE: IMMEDIATE REPORT - KOOR INDUSTRIES LTD. (NO. 15/2000)
COMPANY NO. 52-001414-3
Koor Industries Ltd. (hereinafter: "Koor") hereby announces the following:
1. On March 30, 2000 Koor acquired, during regular trading in the Stock
Exchange, various quantities at various rates, of ordinary shares (value of
0.001NIS per share) of Koor. The total shares acquired this day were 8,169
for a total sum of 3,048,602 NIS. (the closing price of said shares on this
day was 38,720)
Further on April 2, 2000 Koor acquired, during regular trading in the Stock
Exchange, various quantities at various rates, of ordinary shares (value of
0.001 NIS per share) of Koor. The total shares acquired this day were
23,430 for a total sum of 8,576,980 NIS. (the closing price of said shares
on this day was 36,680)
2. As stated, Koor acquired a total of 31,599 ordinary shares, which
represent 0.2% of its issued share capital.
Yours sincerely,
Shlomo Heller, Adv.
Legal Counsel
EXHIBIT DESCRIPTION
A A. Translation from Hebrew to English of an Immediate
Report (the "Report"), which was served on the Israeli
Securities Authority, The Tel-Aviv Stock Exchange Ltd. and
the Registrar of Companies, on April 3, 2000, regarding the
acquisition of Koor shares.
