DGAP-Adhoc: Metis Capital Ltd.: Gmul sells holdings in

Metis Capital Ltd. / Transaction in Own Shares

31.12.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Tel Aviv/ Israel; December 31, 2008  Metis Capital Ltd. (Prime Standard:
EIC; TASE: MTSC) On December 25, 2008 Gmul Investment Company Ltd. entered
into an agreement for selling all of its holdings in Metis Capital Ltd. As
part of the agreement, Gmul will transfer until January 8, 2009 1,998,861
ordinary shares of Metis Capital Ltd., which are held by it, to the buyer
Mirage Development Israel Ltd., and this for an amount equivalent to
11.17396 per ordinary share, and in total for the amount of 22,338,064 NIS.
The transfer of the shares thus sold shall be performed at the date of
completing the transaction.




Contact:
Metis Capital Ltd.
Ilan Engel, CFO
Phone:  +972-3-537 3000
E-mail:  ilan@metis-capital.com

Janina Wismar
Investor Relations
Phone: +49-40-60918650
E-mail: janina.wismar@kirchhoff.de






DGAP 31.12.2008 
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Language:     English
Issuer:       Metis Capital Ltd.
              30 Hamasger Street
              61090 Tel-Aviv
              Israel
Phone:        +972 (03) 537-3000
Fax:          +972 (03) 537-4000
E-mail:       investor@metis-capital.com
Internet:     www.metis-capital.com
ISIN:         IL0003570129
WKN:          936734
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News                                     DGAP News-Service
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DGAP-Adhoc: Metis Capital Ltd.: Gmul sells holdings in Metis Capital Ltd. to Mirage
