EXHIBIT A
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
August 29, 2000
The Securities Authority The Tel Aviv Stock The Registrar of Companies
22 Kanfei Nesharim St. Exchange 97 Yafo St.
Jerusalem 95464 54 Ahad Ha'am St. Jerusalem 91007
Tel Aviv 65202
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Fax: 02-6513940 Fax: 03-5105379
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Dear Sirs,
Re: Immediate Report - Koor Industries Ltd.
(NO. 51/2000) Company No. 52-001414-3
Koor Industries Ltd. (hereinafter: "Koor") hereby announces the following:
1. On August 24, 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 17,294 for
a total sum of 7,199,701.10 NIS. (the closing price of said shares on this day
was 41,750)
Further on August 27, 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 9,532 for
a total sum of 3,966,255.60 NIS. (the closing price of said shares on this day
was 41,590)
Further on August 28, 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 18,726 for
a total sum of 7,869,283.30 NIS. (the closing price of said shares on this day
was 42,020)
2. As stated, Koor acquired a total of 45,552 ordinary shares, which represent
0.3% of its issued share capital.
Yours sincerely,
Shlomo Heller, Adv.
Legal Counsel