RNS Number : 4120G
  Bank Hapoalim B.M.
  22 October 2008
   
Bank Hapoalim B.M.
Registration no. 520000118
The securities of the corporation are listed for trading on the Tel Aviv Stock Exchange
Code name: Poalim
Street: P.O.B. 27, Tel Aviv 61000
Tel: 03-5673800; 03-5673333; Fax: 03-5674576
e-mail: yoram.weissbrem@mailpoalim.co.il
 
Transmission date: 19/10/2008
Reference: 2008-01-287454
 
Securities Authority                                        Tel Aviv Stock Exchange Ltd.
www.isa.gov.il                                                www.tase.co.il
 
 
 
 
Immediate Report Regarding a Person Who Ceased in being
an Interested Party of the Corporation by Virtue of His Holdings
Regulation 33(g) of the Securities (Periodic and Immediate Reports) Regulations, 5730-1970
 
1.        Details of the Holder:
First Name:                                                     
Surname/Name of Corporation: Management clients of AllianceBernstein L.P., AXA IM, and their respective affiliates
Category of Identity Number: Registrar number in country of incorporation overseas
Identity Number: 4064930-13
Citizenship/Country of Incorporation or Registration:
Incorporated abroad
Country of Citizenship/Incorporation or Registration: USA
Address:          1345 Avenue of the Americas
New York, NY 10105
Does the holder serve as a representative for reporting purposes of a number of shareholders who hold securities of the Corporation together
with him: Yes
 
2.        Details of the Transaction Following Which the Holder Ceased to be an Interested Party of the Corporation:
a.       Name and Category of the Security Pertaining to the Transaction:
Bank Hapoalim Ordinary Shares.
b.      Stock Exchange Security Number: 662577
c.       Date of Execution of the Transaction: October 17, 2008
d.      Nature of the Transaction: Decrease * Other
According to the company*s report
e.       Quantity of Securities Pertaining to the Transaction: -2,545,200
f.        Price at which the Transaction Was Executed:
g.       Are they inactive shares or securities convertible into inactive shares: No
    
 
 
3.      a.   Schedule of Holdings of the Interested Party after the Transaction:
 
 Name, Category & Series of the        Stock Exchange           Quantity of  Inactive*  Extent of holding  Extent of holding (fully
diluted)
 Security                             Security number            Securities
                                                                                         Capital   Voting           Capital          
Voting
 Bank Hapoalim Ordinary Shares                 662577            64,760,502         No      4.92     4.92              4.83            
4.83

 
b.      * The Holder is not a banking corporation or an insurer:
* The Holder is a banking corporation or an insurer. The details of his holdings are as follows
 
 Holder      Name, Category &        Stock Exchange  Quantity of Securities  Inactive*
           Series of Security       Security number
                                                                                      

 
Explanations:
1.   If an interested party holds more than one category of securities, the extent of his holdings should be stated taking into
consideration all of the securities held by him on one line only.
2    Holdings of convertible securities should be reported, including convertible securities, which are not listed for trading.
3    Where the interested party is a subsidiary company, the holdings should be separated into shares, which were purchased before the
Companies Law, 5759-1999 took effect, and shares, which were purchased after the Law took effect.
4    Where the holder is not a banking corporation or an insurer, only Clause 3.a. should be filled in. Where the holder is a banking
corporation or an insurer, Clauses 3.a. and 3.b. should be filled in.
*    It should be stated whether inactive shares or securities convertible into inactive shares are concerned.
 
4.        Additional Details:


 
5.        The date and time when the corporation first learned of the occurrence or the subject matter: October 19, 2008 at 09:00 a.m.
 

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
MSCFEASAESASEES

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