-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 NYrbSJbdOcBJe2/NBLENmAjz+x1Tzhnd9raiNtEZhg+QzZjJKcezJ428QFEg6D2F
 Cs6aqdPLQKKpLoXP20mV2g==

<SEC-DOCUMENT>0001178913-05-001720.txt : 20060808
<SEC-HEADER>0001178913-05-001720.hdr.sgml : 20060808
<ACCEPTANCE-DATETIME>20051201102038
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001178913-05-001720
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20051201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SILICOM LTD
		CENTRAL INDEX KEY:			0000916793
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER COMMUNICATIONS EQUIPMENT [3576]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		08 HANAGAR ST
		CITY:			KFAR-SAVA ISRAEL
		STATE:			L3
		ZIP:			44000
		BUSINESS PHONE:		97297644555

	MAIL ADDRESS:	
		STREET 1:		P.O.BOX 2164
		CITY:			KFAR-SAVA
		STATE:			L3
		ZIP:			44000
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML>
<HEAD>
     <!-- Created by EDGAR Ease Plus (EDGAR Ease+) -->
     <!-- Project:        \\Backup\office\EDGAR Filing\Silicom Ltd\52033\a52033.eep        -->
     <!-- Control Number: 52033                                                            -->
     <!-- Rev Number:     1                                                                -->
     <!-- Client Name:    Silicom Ltd                                                      -->
     <!-- Project Name:   Corresp                                                          -->
     <!-- Firm Name:      Zadok-Keinan Ltd                                                 -->
     <TITLE>Corresp</TITLE>
</HEAD>
<BODY>

<!-- MARKER FORMAT-SHEET="Scotch Rule Top-TNR" FSL="Workstation" -->
<HR ALIGN=LEFT WIDTH=100% SIZE=4 NOSHADE STYLE="margin-top: -5px">
<HR ALIGN=LEFT WIDTH=100% SIZE=1 NOSHADE STYLE="margin-top: -10px">

<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>YIGAL ARNON &amp; CO. </B><BR>ADVOCATES AND NOTARY </FONT>
</P>


<TABLE WIDTH="200" CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER">
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Tel Aviv</B> </FONT></TD>
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">December 1, 2005</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Ref.</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">6084(67)</FONT></TD></TR>
</TABLE>
<BR>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=600>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=1></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=20% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Direct Dial:</FONT></TD>
     <TD WIDTH=80% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>+972-3-608-7726</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Direct Fax:</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>+972-3-608-7714</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>E-mail:</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>davids@arnon.co.il</FONT></TD></TR>
</TABLE>



<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Ms. Kathleen Collins<BR>
Securities and Exchange Commission<BR>
100 F Street N.E.<BR>
Washington, D.C. 20549
</FONT></P>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 1-TNR" FSL="Workstation" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>&nbsp;</B> </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B> Re:</B> </FONT> </TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Silicom
Ltd. <BR> Form 20-F for Fiscal Year Ended December 31, 2004<BR>
File No. 000-23288</B> </FONT></TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dear Ms. Collins: </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
behalf of Silicom Ltd., an Israeli Company (the &#147;Company&#148;), set forth below is
the Company&#146;s response to the comment (the &#147;Comment&#148;) of the staff of the
Division of Corporation Finance (the &#147;Staff&#148;) with respect to the Company&#146;s
report on Form 20-F for the fiscal year ended December 31, 2004 (the &#147;Report&#148;),
transmitted by letter dated November 21, 2005 (the &#147;Comment Letter&#148;). For the
convenience of the Staff, we have restated the Comment set forth in the Comment Letter.  </FONT></P>


<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U><B><I>Item 15. Controls &amp;
Procedures, page 62</I></B></U> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Workstation" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B><I>1.</I></B> </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I></I><B><I>We
note your response to prior comment no. 1 where you indicate you                believe
the disclosure in Item </I></B><I></I><B><I>15, &#147;based on our
               evaluation, which was completed within 90 days of the filing date of this
annual </I></B><I></I><B><I>report,&#148; was correct and in compliance with Section F
               of the SEC&#146;s Release No. 33-8238. Section F.3 of </I></B><I></I><B><I>the
               Release states &#147;we are adopting as proposed the change of the
evaluation                date for disclosure </I></B><I></I><B><I>controls to &#145;as
of the end of the                period&#146; covered by the quarterly or annual report.&#148; While
we note </I></B><I></I><B><I>that your CEO and CFO have concluded that your disclosure
               controls and procedures were effective as of </I></B><I></I><B><I>the end
of                the period covered by your report, you[r] disclosures continue to
indicate that                their </I></B><I></I><B><I>evaluation was completed within
90 days of the                filing date of the annual report and not as of the end </I></B><I></I><B><I>of
               the period covered by the report as required by Release No. 33-8238. Tell
us how                management&#146;s </I></B><I></I><B><I>assessment complied with the
               requirements of the Release or revise accordingly.</I></B></FONT></TD>
</TR>
</TABLE>
<BR>

<p align=center>
<font size=2></font></p>
<HR SIZE="1" NOSHADE  STYLE="margin-top: -2px">
<HR SIZE="4" NOSHADE  STYLE="margin-top: -10px">
<P STYLE="page-break-after:always"></P>



<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Ms. Kathleen Collins<BR>
December 1, 2005<BR>
Page 2 of 2
</FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 2-TNR" FSL="Workstation" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<U>Response:</U> The
Company advises the Staff that the evaluation of its disclosure controls and procedures
was completed within 90 days of the filing date of the Report; however, such evaluation
was made with respect to the Company&#146;s disclosure controls and procedures in effect
as of the end of the period covered by the Report. Therefore, the Company stated in Item
15 of the Report that its disclosure controls and procedures were effective &#147;as of
the end of the period covered by this report&#148;. The Company shall provide the
conclusion required by Item 15(a) of Form 20-F without the language &#147;completed
within 90 days of the filing date of this annual report&#148; in future filings. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 1-TNR" FSL="Default" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kindly
contact the undersigned at (972-3) 608-7726, if you have any questions or require
additional information. </FONT>
</TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Signature (Single)" FSL="Workstation" -->
<TABLE WIDTH=100% CELLSPACING=2 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Very truly yours,<BR>
<BR>/S/ David H. Schapiro<BR><BR>David H. Schapiro</FONT></TD>
</TR>
</TABLE>
<BR>




<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Workstation" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>cc:  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Mr.
Eran Gilad  <BR>   Chief Financial Officer</FONT></TD>
</TR>
</TABLE>
<BR>


</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
