INVITATION FOR TECHNOLOGICAL COOPERATION

Company: MAPAL COMMUNICATIONS LTD.

DOCUMENT STRUCTURE:


CONTACT DATA
Organization: MAPAL COMMUNICATIONS LTD.
Contact: Name: Mr. Nadav Palti
Position: Chairman
Address: 2 Raul Wallenberg St.
Tel Aviv
ISRAEL, 69719
Telephone: 03-7684000
Fax: 03-7684001
Email: nadav@mapal.co.il
WEB site: www.mapal.co.il


GENERAL INFORMATION
Established:  1999
Type:  Holding company
Ownership:  Private
Parent:  Noa M.B. Communications Ltd. Africa Israel Investm

Core business

Holding company with interests in advertising, media, Internet,
cellular, branding & retail.

Overview

Mapal Communications Ltd. is a leading Israeli investment company
with holdings in advertising, media, Internet, cellular, branding
and retail. Mapal is controlled (80%) by Noa M.B. Communications,
which is owned by Tamar Mozes-Borovitz and Nadav Palti, who
established the company in 1999, and Africa Israel Investments
(20%), one of Israel's largest investment groups.

Mapal Communications believes in synergy - striving to combine
the respective strengths of complementary companies, within a
hared vision of growth. Thus, synergetic concepts underlie every
step and decision made by Mapal's senior management, from
strategic investments and acquisitions, all the way to the
administration of individual subsidiaries. This creative policy
expands Mapal's commercial offering, enhances the activities of
each subsidiary, and boosts the operations of the Group as a
complete synergetic entity.

Mapal Communications is a robust financial and commercial body,
drawing its strength from
* The backing of powerful shareholders.
* A broad infrastructure of potent subsidiaries, working together
in fruitful synergy.
* Meticulous management of finances and business transactions.

Already a leading force in Israel's communication sector, Mapal
Communications Ltd. will continue to implement its synergetic
strategies for growth and success. Targeting the international
arena, Mapal plans to expand its business activities, form new
alliances worldwide, and take its place as a prominent brand name
in the global communication community.



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MATIMOP ADDRESS:
Liaison: Mr. Uzi Bar-Sadeh
Internet site: http://www.matimop.org.il
Email: uzi@matimop.org.il
Mail: POBox: 50364 Tel Aviv Israel 61 500
Fax: ++ 972 3 5177655