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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001178913-08-002287.txt : 20080825
<SEC-HEADER>0001178913-08-002287.hdr.sgml : 20080825
<ACCEPTANCE-DATETIME>20080825140218
ACCESSION NUMBER:		0001178913-08-002287
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20080825
DATE AS OF CHANGE:		20080825

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ZISAPEL ZOHAR ET AL
		CENTRAL INDEX KEY:			0000938072

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	MAIL ADDRESS:	
		STREET 1:		54 PINKAS STREET
		CITY:			TEL AVIV ISRAEL
		STATE:			L3
		ZIP:			00000

SUBJECT COMPANY:	

	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:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-46092
		FILM NUMBER:		081036393

	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>SC 13G/A
<SEQUENCE>1
<FILENAME>zk85746.htm
<TEXT>
<HTML>
<HEAD>
     <!-- Created by EDGAR Ease Plus (EDGAR Ease+) -->
     <!-- Project:        F:\EDGAR Filing\Other Filers\Zohar Zisapel\Silicom Ltd\85746\a85746.eep -->
     <!-- Control Number: 85746                                                            -->
     <!-- Rev Number:     1                                                                -->
     <!-- Client Name:    Silicom Ltd                                                      -->
     <!-- Project Name:   SC-13G/A                                                         -->
     <!-- Firm Name:      Zadok-Keinan Ltd                                                 -->
     <TITLE>SC-13G/A</TITLE>
</HEAD>
<BODY>


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<HR ALIGN=LEFT WIDTH=100% SIZE=1 NOSHADE STYLE="margin-top: -10px">




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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>UNITED STATES </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4>SECURITIES AND
EXCHANGE COMMISSION </FONT>
<BR><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Washington, D.C. 20549 </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4>SCHEDULE 13G </FONT></H1>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Under the Securities Exchange
Act of 1934 </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Amendment No. 11)* </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="5"><B>SILICOM LIMITED</B> </FONT>
</TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="100%" ALIGN="Center"><HR SIZE=1 NOSHADE WIDTH=100% ALIGN=LEFT></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Name of Issuer)
 </FONT></TD>
</TR>
</TABLE>
<BR>


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<TR VALIGN=TOP>
<TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Ordinary Shares, nominal value 0.01 New Israeli Shekels per Share</FONT>
</TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH=100%><HR SIZE=1 NOSHADE WIDTH=100% ALIGN=LEFT></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Title of class of
Securities)
 </FONT></TD>
</TR>
</TABLE>
<BR>


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<TR VALIGN=TOP>
<TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">M84116 10 8 </FONT>
</TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH=100%><HR SIZE=1 NOSHADE WIDTH=30% ALIGN="Center"></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(CUSIP Number)
 </FONT></TD>
</TR>
</TABLE>
<BR>


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<TR VALIGN=TOP>
<TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">August 5, 2008 </FONT>
</TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH=100%><HR SIZE=1 NOSHADE WIDTH=40% ALIGN="Center"></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Date of Event Which
Requires Filing of this Statement)
 </FONT></TD>
</TR>
</TABLE>
<BR>




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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><FONT size="3" face="Wingdings">o
</font>  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Rule
13d-1(b) </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><FONT size="3" face="Wingdings">x
</font>  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Rule
13d-1(c) </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><FONT size="3" face="Wingdings">o
</font>  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Rule
13d-1(d) </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Check the following box if a fee is being
paid with this statement <FONT size="3" face="Wingdings">o</font>. (A fee is not required only if the filing person: (1) has a
previous statement on file reporting beneficial ownership of more than five percent of the
class of securities described in Item 1; and (2) has filed no amendment subsequent thereto
reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7). </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>*The remainder of this cover page
shall be filled out for a reporting person&#146;s initial filing on this form with respect
to the subject class of securities, and for any subsequent amendment containing
information which would alter the disclosures provided in a prior cover page. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The information required in the
remainder of this cover page shall not be deemed to be &#147;filed&#148; for the purpose
of Section 18 of the Securities Exchange Act of 1934 (&#147;Act&#148;) or otherwise
subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes). </FONT></P>



<p align=center>
<font size=2>Page 1 of 4 Pages</font></p>
<HR SIZE="1" NOSHADE  STYLE="margin-top: -2px">
<HR SIZE="4" NOSHADE  STYLE="margin-top: -10px">
<PAGE>



<TABLE WIDTH="100%" BORDER="1" CELLPADDING="3" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>CUSIP NO. M84116 10 8</B> </FONT> </TD>
     <TD WIDTH="34%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>13G</B> </FONT> </TD>
     <TD WIDTH="33%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Page 2 of 4 Pages</B> </FONT></TD></TR>
</TABLE><BR>


<TABLE CELLPADDING="5" CELLSPACING="0" WIDTH="100%" BORDER="1">
<TR VALIGN="BOTTOM">
     <TH WIDTH="30" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH WIDTH="60"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH WIDTH="30"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH WIDTH="580"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD ALIGN="Center" VALIGN="Middle"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>1</B> </FONT></TD>
     <TD COLSPAN="3"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">

NAME OR REPORTING PERSON<BR>
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<BR>
<BR>
Zohar Zisapel (no social security number)
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD ALIGN="Center" VALIGN="Middle"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>2</B> </FONT></TD>
     <TD COLSPAN="3"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*<BR>
(a)  <FONT size="3" face="Wingdings">o
</font><BR>
(b)   <FONT size="3" face="Wingdings">o
</font>
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD ALIGN="CENTER" VALIGN="Middle"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>3</B> </FONT></TD>
     <TD COLSPAN="3" BGCOLOR="#cceeff"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> SEC Use Only<BR>&nbsp;
<BR>

</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD ALIGN="CENTER" VALIGN="Middle"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>4</B> </FONT></TD>
     <TD COLSPAN="3"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">

CITIZENSHIP OR PLACE OF ORGANIZATION<BR>
<BR>
Israel
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD COLSPAN="2" ROWSPAN="4" VALIGN="Middle" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">NUMBER OF   <BR>
SHARES      <BR>
BENEFICIALLY<BR>
OWNED BY<BR>
EACH        <BR>
REPORTING   <BR>
PERSON<BR>
WITH
</FONT></TD>
     <TD ALIGN="Center" VALIGN="Middle"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>5</B> </FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">

SOLE VOTING POWER      <BR>
<BR>
868,853 Ordinary Shares
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD  ALIGN="CENTER" VALIGN="Middle"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>6</B> </FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">

SHARED VOTING POWER<BR>
<BR>
None
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD ALIGN="CENTER" VALIGN="Middle"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>7</B> </FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">

SOLE DISPOSITIVE POWER <BR>
<BR>
868,853 Ordinary Shares
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD ALIGN="CENTER" VALIGN="Middle"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>8</B> </FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">

SHARED DISPOSITIVE POWER<BR>
<BR>
None
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD ALIGN="CENTER" VALIGN="Middle"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>9</B> </FONT></TD>
     <TD COLSPAN="3"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<BR>
<BR>
868,853 Ordinary Shares
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD ALIGN="CENTER" VALIGN="Middle"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>10</B> </FONT></TD>
     <TD COLSPAN="3"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)<BR>
<BR>
<FONT size="3" face="Wingdings">o
</font>
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD ALIGN="CENTER" VALIGN="Middle"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>11</B> </FONT></TD>
     <TD COLSPAN="3"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<BR>
<BR>
13.22% (1)
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD ALIGN="CENTER" VALIGN="Middle"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>12</B> </FONT></TD>
     <TD COLSPAN="3"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">

TYPE OF REPORTING PERSON<BR>
<BR>
IN
</FONT></TD></TR>
</TABLE><BR>


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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1) Based on 6,570,876 Ordinary Shares outstanding as of December 31, 2007, as
          disclosed in the Issuer&#146;s Form 20-F filed with the Securities and Exchange
          Commission on March 26, 2008. </FONT></P>


<p align=center>
<font size=2></font></p>
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<HR SIZE="4" NOSHADE  STYLE="margin-top: -10px">
<PAGE>


<TABLE WIDTH="100%" BORDER="1" CELLPADDING="3" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>CUSIP NO. M84116 10 8</B> </FONT> </TD>
     <TD WIDTH="34%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>13G</B> </FONT> </TD>
     <TD WIDTH="33%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Page 3 of 4 Pages</B> </FONT></TD></TR>
</TABLE><BR>





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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 1. </FONT></H1>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>      (a) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Name
of Issuer:</B><BR>Silicom Limited </FONT></TD>
</TR>
</TABLE>
<BR>



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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>      (b) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Address
of Issuer's Principal Executive Offices:</B><BR>8 Hanagar Street, Kfar
Saba Industrial Park, Kfar Saba, Israel  </FONT></TD>
</TR>
</TABLE>
<BR>



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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 2. </FONT></H1>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>      (a) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Name
of Person Filing:</B><BR>Zohar Zisapel </FONT></TD>
</TR>
</TABLE>
<BR>




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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Address
or principal business officer or, of none, residence:</B><BR>8 Hanagar
Street, Kfar Saba Industrial Park, Kfar Saba, Israel </FONT> </TD>
</TR>
</TABLE>
<BR>


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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>      (c) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Citizenship:</B><BR>Israel </FONT></TD>
</TR>
</TABLE>
<BR>




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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(d) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Title
of Class of Securities:</B><BR>Ordinary Shares,
nominal value 0.01 New Israeli Shekels per Share </FONT> </TD>
</TR>
</TABLE>
<BR>


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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>      (e) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>CUSIP
No.: </B> M84116 10 8 </FONT></TD>
</TR>
</TABLE>
<BR>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 3. </FONT></H1>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Not applicable. </FONT></P>

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<TD WIDTH=10%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 4.</B> </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Ownership.</B> </FONT> </TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>      (a) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Amount
beneficially Owned:</B><BR>868,853 Ordinary Shares </FONT></TD>
</TR>
</TABLE>
<BR>



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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>      (b) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Percent
of Class:</B><BR>13.22% (1) </FONT></TD>
</TR>
</TABLE>
<BR>



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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>      (c) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Number
of shares as to which such person has:</B> </FONT></TD>
</TR>
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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(i) </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Sole
power to vote or to direct the vote: </B><BR> 868,853 Ordinary Shares  </FONT></TD>
</TR>
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<BR>

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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2> (ii) </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Shared
power to vote or to direct the vote: </B><BR>None </FONT> </TD>
</TR>
</TABLE>
<BR>



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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>           (iii) </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Sole
power to dispose or to direct the disposition of: </B><BR>868,853 Ordinary Shares </FONT></TD>
</TR>
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<BR>



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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>           (iv) </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Shared
Power to dispose or to direct the disposition of: </B><BR>None </FONT></TD>
</TR>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1) Based
on 6,570,876 Ordinary Shares outstanding as of December 31, 2007, as           disclosed
in the Issuer&#146;s Form 20-F filed with the Securities and Exchange
          Commission on March 26, 2008.  </FONT></P>


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<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 5.</B> </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>
Ownership of Five Percent or Less of a Class. </B></FONT> </TD>
</TR>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Not applicable. </FONT></P>



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     <TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>CUSIP NO. M84116 10 8</B> </FONT> </TD>
     <TD WIDTH="34%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>13G</B> </FONT> </TD>
     <TD WIDTH="33%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Page 4 of 4 Pages</B> </FONT></TD></TR>
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<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 6.</B> </FONT></TD>
<TD WIDTH=90%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Ownership of More than Five Percent on Behalf of Another Person.</B> </FONT> </TD>
</TR>
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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Not applicable. </FONT></P>

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<TD WIDTH=10%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 7.</B> </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Identification and Classification of the Subsidiary Which Acquired the Security Being
Reported on By the Parent Holding Company.</B> </FONT> </TD>
</TR>
</TABLE>
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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Not applicable. </FONT></P>

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<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 8.</B> </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Identification and Classification of Members of the Group.</B> </FONT> </TD>
</TR>
</TABLE>
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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Not applicable. </FONT></P>

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<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 9.</B> </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Notice of Dissolution of Group.</B> </FONT> </TD>
</TR>
</TABLE>
<BR>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Not applicable. </FONT></P>

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<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 10.</B> </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Certification.</B> </FONT> </TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By signing below I certify that, to
the best of my knowledge and belief, the securities referred to above were not acquired
and are not held for the purpose of or with the effect of changing or influencing the
control of the issuer of such securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose or effect. </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURE </FONT></H1>




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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After
reasonable inquiry and to the best of my knowledge and belief, I certify that the
information set forth in this statement is true, complete and correct.  </FONT></P>





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<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dated: August 25, 2008<BR><BR>
<BR>/s/ Zohar Zisapel<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
Name: Zohar Zisapel<BR></FONT></TD>
</TR>
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