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<SEC-DOCUMENT>0001068238-02-000356.txt : 20021231
<SEC-HEADER>0001068238-02-000356.hdr.sgml : 20021231
<ACCEPTANCE-DATETIME>20021231101018
ACCESSION NUMBER:		0001068238-02-000356
CONFORMED SUBMISSION TYPE:	S-8
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20021231
EFFECTIVENESS DATE:		20021231

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NUR MACROPRINTERS LTD
		CENTRAL INDEX KEY:			0000946394
		STANDARD INDUSTRIAL CLASSIFICATION:	PRINTING TRADES MACHINERY & EQUIPMENT [3555]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-8
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-102288
		FILM NUMBER:		02873014

	BUSINESS ADDRESS:	
		STREET 1:		5 DAVID NAVON STREET
		STREET 2:		MOSHAV MAGSHIMIM
		CITY:			PETAH-TIKVA ISRAEL
		STATE:			L3
		ZIP:			00000
		BUSINESS PHONE:		01197239087676

	MAIL ADDRESS:	
		STREET 1:		P O BOX 8440
		STREET 2:		MOSHAV MAGSHIMIM
		CITY:			ISRAEL
		STATE:			L3
		ZIP:			00000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NUR ADVANCED TECHNOLOGIES LTD
		DATE OF NAME CHANGE:	19950607
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8
<SEQUENCE>1
<FILENAME>forms-8nurdec02.htm
<DESCRIPTION>FORM S-8
<TEXT>
<HTML>
<HEAD><TITLE>Form S-8</TITLE></HEAD>
<BODY>


<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=30%>&nbsp;</TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
As filed with the Securities and Exchange Commission on December 31, 2002</FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR> Registration No. 333-_____</FONT></TD>
</TR>
</TABLE>
<P>
===============================================================================================</P>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=5>SECURITIES
AND EXCHANGE COMMISSION</FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=3>Washington, D.C. 20549</FONT></H1>
<HR WIDTH=25% SIZE=2>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=5>FORM S-8</FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>REGISTRATION STATEMENT<BR>
UNDER<BR>
THE SECURITIES ACT OF 1933</FONT></H1>
<HR WIDTH=25% SIZE=2>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=5>
NUR MACROPRINTERS LTD.</FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=1>
(Exact name of Registrant as specified in its charter)</FONT></H1>
<HR WIDTH=25% SIZE=2>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=40%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>Israel</B></FONT><BR><FONT SIZE=1>(State or other jurisdiction of<BR>
incorporation or organization)</FONT></P></TD>
<TD WIDTH=40%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>
Not Applicable</B></FONT><BR><FONT SIZE=1>(I.R.S. Employer<BR>Identification No.)<BR></FONT></P></TD>
<TD WIDTH=20%>&nbsp;</TD>
</TR>
</TABLE>
<BR>

<H2 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>12 Abba Hilel Silver Street<BR>
                       P.O. Box 1281, Lod 71111, Israel<BR><BR>

                   (Address of Principal Executive Offices)</FONT></H2>
<HR WIDTH=25% SIZE=2>

<H2 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4>
                            NUR Macroprinters Ltd.<BR>
                            2000 Stock Option Plan</FONT><BR>
 <FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Full Title of the Plan)</FONT></H2>

<HR WIDTH=25% SIZE=2>

<H2 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CT Corporation System<BR>
                                 1633 Broadway<BR>
                              New York, New York 10019<BR>
                         (Name and Address of Agent For Service)<BR><BR>

                                (212) 246-5070<BR></FONT>
<FONT FACE="Times New Roman, Times, Serif" SIZE=1>
(Telephone Number, Including Area Code, of Agent For Service)</FONT><BR>
<BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Copy to:</I><BR>

                            Rubi Finkelstein, Esq.<BR>
                      Orrick, Herrington &amp; Sutcliffe LLP<BR>
                               666 Fifth Avenue<BR>
                           New York, New York 10103<BR>
                  (212) 506-5000 (Phone) (212) 506-5751 (Fax)</FONT></H2>

<H2 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>CALCULATION OF REGISTRATION FEE
</FONT></H2>

<P>
===============================================================================================</P>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=20%><CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
<B>Title of Securities Being<BR>Registered</B></FONT></CENTER><BR><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=1>Ordinary shares,<BR>NIS 1.0 nominal value per share<BR><BR>
Ordinary shares,<BR>NIS 1.0 nominal value per share<BR><BR>
Total ordinary shares,<BR>NIS 1.0 nominal value per share</FONT></TD>


<TD WIDTH=16%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
<B>Amount<BR>to be<BR>Registered (1)</B><BR><BR><BR><BR>1,213,716 shares<BR><BR><BR>
786,284 shares<BR><BR><BR>
2,000,000 shares</FONT></P></TD>

<TD WIDTH=16%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
<B>Proposed<BR>Maximum Offering<BR>Price Per Share</B><BR><BR><BR><BR>
$0.60<SUP>(2)</SUP><BR><BR><BR>
$1.33<SUP>(3)</SUP></FONT></P></TD>

<TD WIDTH=16%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
<B>Proposed<BR>Maximum Aggregate<BR>Offering Price</B><BR><BR><BR><BR>
$728,230<SUP>(2)</SUP><BR><BR><BR>
$1,045,758<SUP>(3)</SUP><BR><BR><BR>
$1,773,988</FONT></P></TD>

<TD WIDTH=16%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
<B>Amount of<BR>Registration<BR>Fee</B><BR><BR><BR><BR>
$67.00<BR><BR><BR>
$96.20<BR><BR><BR>
$163.20</FONT></P></TD>
</TR></TABLE><HR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(1)</FONT></TD>
<TD WIDTH=95%><FONT SIZE=1>
This Registration Statement covers the aggregate number of ordinary shares which
may be sold upon the  exercise  of options  which have been  granted  and may be
granted  under  the  2000  stock  option  plan.   Pursuant  to  Rule  416,  this
Registration  Statement shall also be deemed to cover an indeterminate number of
additional  ordinary shares in the event the number of outstanding shares of Nur
Macroprinters  Ltd. is increased by stock split,  stock divided  and/or  similar
transactions.</FONT></TD>
</TR>
</TABLE>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(2)</FONT></TD>
<TD WIDTH=95%><FONT SIZE=1>Pursuant to Rule  457(h)(1),  the  proposed  maximum  offering  price per
   share and the proposed maximum  aggregate  offering price have been calculated on
   the basis of  $0.60  per  share,  the  average  of the high and low price of the
   ordinary shares on The Nasdaq National Market on December 27, 2002.</FONT></TD>
</TR>
</TABLE>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(3)</FONT></TD>
<TD WIDTH=95%><FONT SIZE=1> Pursuant to Rule 457(h),  calculated on the basis of
$1.33  per share,  the  weighted  average  exercise  price of  options  already
granted.</FONT></TD>
</TR>
</TABLE>

=============================================================================================

<!-- MARKER PAGE="sheet: 7; page: 7" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>





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

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Item 1.&nbsp;&nbsp;&nbsp;Plan Information *<BR><BR>

Item 2.&nbsp;&nbsp;&nbsp;Registrant Information and Employee Plan Annual Information *</FONT></H2>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<B>*</B>&nbsp;&nbsp;&nbsp; Information required by
Part I to be contained in the Section 10(a) prospectus is omitted from this
Registration Statement in accordance with Rule 428 under the Securities Act of
1933, as amended (the &#147;Securities Act&#148;), and the Note to Part I of
Form S-8. </FONT></P>

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

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Item 3.&nbsp;&nbsp;&nbsp;Incorporation of Certain Documents by Reference</FONT></H2>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The   following    documents    filed   by   NUR    Macroprinters    Ltd.   (the
&#147;Registrant&#148;)   with  the  Securities  and  Exchange  Commission  (the
&#147;Commission&#148;)  are  incorporated  by  reference  to this  Registration
Statement: </FONT></P>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=7%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)</FONT></TD>
<TD WIDTH=80%><P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
The  Registrant's  Annual Report on Form 20-F (File No.  0-26498) for the
fiscal year ended December 31, 2001.</FONT></P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=7%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)</FONT></TD>
<TD WIDTH=80%><P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
All  other  reports  filed  pursuant  to  Section  13(a)  or 15(d) of the
Exchange Act since the end of the fiscal year covered by the Registrant document
referred to in (a) above.</FONT></P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=7%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c)</FONT></TD>
<TD WIDTH=80%><P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
The  description of the  Registrant's  ordinary  shares  contained in the
registration  statements  under the Securities  Exchange Act of 1934, as amended
(the  "Exchange  Act") on Form 8-A as filed on July 25, 1995 and  September  15,
1995, and including any  subsequent  amendments or reports filed for the purpose
of updating that information.</FONT></P></TD>
</TR>
</TABLE>
<BR>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
All documents  subsequently filed by the Registrant  pursuant to Sections 13(a),
13(c),   14,  and  15(d)  of  the  Exchange  Act,  prior  to  the  filing  of  a
post-effective  amendment which indicates that all securities  offered have been
sold or which deregisters all securities then remaining unsold,  shall be deemed
to be incorporated by reference in this Registration  Statement and to be a part
hereof from the date of filing of such documents. </FONT></P>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Item 4.&nbsp;&nbsp;&nbsp;Description of Securities</FONT></H2>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Inapplicable.</FONT></P>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Item 5.&nbsp;&nbsp;&nbsp;Interests of Named Experts and Counsel</FONT></H2>

<P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Inapplicable.</FONT></P>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Item 6.&nbsp;&nbsp;&nbsp;Indemnification of Directors and Officers</FONT></H2>

<P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Israeli Companies Law, 5759-1999,  authorizes the Registrant to indemnify an
officer or director for (a) monetary  liability imposed upon him or her in favor
of other persons pursuant to a court judgment,  including a compromise  judgment
or an  arbitrator&#146;s  decision  approved  by a  court,  and  (b)  reasonable
litigation expenses, including attorneys&#146;  fees, actually incurred by him
or her  or imposed  upon him or her by a court,  in an action,  suit or  proceeding
brought  against him or her by or on behalf of the company or other persons,  or
in connection  with a criminal  action that does not require  criminal intent in
which  he or she was  convicted,  in each  case in  connection  with  his or her
activities as an office holder. </FONT></P>

<P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
At  the  Annual   Shareholders   meeting  held  on  February   12,   2002,   the
Registrant&#146;s   shareholders   authorized   the  Registrant  to  enter  into
indemnification  agreements  with  each of its  current  and  future  directors.
According to the terms of the indemnification  agreements, the Registrant shall,
subject to the  provisions  of the  indemnification  agreement,  indemnify  each
director for the following: </FONT></P>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2</FONT></P>
<HR SIZE=5 COLOR=GRAY NOSHADE>
<BR>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=7%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)</FONT></TD>
<TD WIDTH=80%><P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
monetary  liabilities imposed on the director for the benefit of another person
pursuant to a final judgment by a competent  court relating to acts performed by
the director in his/her  capacity as a director or officer of the  Registrant or
its subsdiaries; and</FONT></P></TD></TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=7%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)</FONT></TD>
<TD WIDTH=80%><P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
reasonable litigation expenses.</FONT></P></TD></TR>
</TABLE>
<BR>

<P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The indemnification undertaking shall be limited to certain categories of events
and to such monetary limitations as set forth in the indemnification  agreement.
</FONT></P>

<P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
In addition, a policy of directors&#146; and officers&#146;  liability insurance
is  maintained  by the  Registrant  that insures its  directors and officers and
those of its subsidiaries against liability incurred by, arising from or against
them for certain of their acts, errors or omissions. </FONT></P>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Item 7.&nbsp;&nbsp;&nbsp;Exemption From Registration Claimed</FONT></H2>

<P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Inapplicable.</FONT></P>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Item 8.&nbsp;&nbsp;&nbsp;Exhibits</FONT></H2>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=8%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>Exhibit<BR><U>Number</U></B>
<BR><BR>4.1<BR><BR>4.2<BR><BR>5.1<BR><BR>23.1<BR><BR>23.2<BR><BR>24.1</FONT></TD>

<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=70%><P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<BR><B><U>Name</U></B><BR><BR>
Specimen Certificate for ordinary shares.<SUP>1</SUP><BR><BR>
2000 Stock Option Plan.<SUP>2</SUP><BR><BR>
Opinion of Shimonov Barnea &amp; Co.<BR><BR>
Consent of Kost Forer &amp; Gabbay.<BR><BR>
Consent of  Shimonov  Barnea &amp; Co. is  included  in Exhibit 5.1 to
this Registration Statement.<BR><BR>
Power of Attorney (included in signature page).</FONT></P></TD></TR>
</TABLE>
<BR>



<P>__________________</P>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1/</FONT></TD>
<TD WIDTH=80%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Previously  filed  with  the  Commission  on  July  25,  1995  as  part  of  Nur
Macroprinters&#146;  Registration  Statement (File No. 33-93160) on Form F-1 and
incorporated by reference herein. </FONT></P></TD></TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2/</FONT></TD>
<TD WIDTH=80%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Previously filed with
the Commission on May 16, 2002 as part of Nur Macroprinters&#146; Schedule TO-I
(File No<B>. </B>5-56015) and incorporated by reference herein. </FONT></P></TD></TR>
</TABLE>
<BR>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Item 9.&nbsp;&nbsp;&nbsp;Undertakings</FONT></H2>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)</FONT></P></TD>
<TD WIDTH=80%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
The undersigned Registrant hereby undertakes:</FONT></P></TD></TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<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>(1)</FONT></TD>
<TD WIDTH=75%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
To file, during any period in which offers or sales are being made,
a post-effective amendment to this Registration Statement:</FONT></P></TD></TR>
</TABLE>
<BR>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(i)&nbsp;&nbsp;&nbsp;to include any prospectus required by Section 10(a)(3) of the
Securities Act;</FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(ii)&nbsp;&nbsp;&nbsp;to reflect in the prospectus any facts or events arising after
the effective date of the Registration Statement (or the most recent
post-effective amendment thereof) which, individually or in the aggregate,
represent a fundamental change in the information set forth in the
Registration Statement.  Notwithstanding the foregoing, any increase or
decrease in volume of securities offered (if the dollar value of securities
offered would not exceed that which was registered) and any deviation from
the low or high end of the estimated maximum offering range may be reflected
in the form of prospectus filed with the Commission pursuant to Rule 424(b)
if, in the aggregate, the changes in volume and price represent no more than
a 20% change in the maximum aggregate offering price set forth in the
"Calculation of Registration Fee" table in the effective Registration
Statement;</FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(iii)&nbsp;&nbsp;&nbsp;to  include any material  information with respect to the
plan of distribution not previously  disclosed in the Registration  Statement or
any material change to such information in the Registration Statement; provided,
however,   that  paragraphs  (a)(1)(i)  and  (a)(1)(ii)  do  not  apply  if  the
information  required  to be  included in a  post-effective  amendment  by those
paragraphs is contained in periodic reports filed by the Registrant  pursuant to
Section  13 or  Section  15(d) of the  Exchange  Act that  are  incorporated  by
reference in the Registration Statement. </FONT></P>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<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>(2)</FONT></TD>
<TD WIDTH=75%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
That, for the purpose of determining any liability under the
Securities Act, each such post-effective amendment shall be deemed to be a
new registration statement relating to the securities offered therein, and
the offering of such securities at that time shall be deemed to be the
initial bona fide offering thereof.</FONT></P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<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>(3)</FONT></TD>
<TD WIDTH=75%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
To remove from registration by means of a post-effective amendment
any of the securities being registered which remain unsold at the termination
of the offering.</FONT></P></TD>
</TR>
</TABLE>
<BR>


<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(b)&nbsp;&nbsp;&nbsp;
The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act that is incorporated by reference in the Registration Statement
shall be deemed to be a new Registration Statement relating to the securities
offered therein, and the offering of such securities at that time shall be
deemed to be the initial bona fide offering thereof.</FONT></P>


<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(c)&nbsp;&nbsp;&nbsp;Insofar as indemnification for liabilities arising under the
Securities Act may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise,
the Registrant has been advised that in the opinion of the Commission such
indemnification is against public policy as expressed in the Act and is,
therefore, unenforceable.  In the event that a claim for indemnification
against such liabilities (other than the payment by the Registrant of
expenses incurred or paid by a director, officer or controlling person of the
Registrant in the successful defense of any action, suit or proceeding) is
asserted by such director, officer or controlling person in connection with
the securities being registered, the Registrant will, unless in the opinion
of its counsel the matter has been settled by controlling precedent, submit
to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Securities
Act and will be governed by the final adjudication of such issue.</FONT></P>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4</FONT></P>
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<BR>


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

<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Pursuant to the  requirements  of the  Securities  Act of 1933,  the  Registrant
certifies  that it has  reasonable  grounds to believe  that it meets all of the
requirements  for  filing  on Form S-8 and has  duly  caused  this  Registration
Statement  to be  signed  on its  behalf  by  the  undersigned,  thereunto  duly
authorized,  in  The  State  of  Israel  on the  31st  day  of  December,  2002.
</FONT></P>


<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=40% VALIGN=TOP><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;</FONT></TD>
<TD WIDTH=60%><P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>NUR MACROPRINTERS LTD.</B><BR>(Registrant)<BR><BR><BR><BR>
By:<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/Erez Schachar
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Erez Schachar<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;President and Chief Executive Officer
</FONT></P></TD>
</TR>
</TABLE>
<BR>

<BR>
<BR>
<BR>
<BR>
<BR>
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5</FONT></P>
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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
KNOW ALL MEN BY THESE PRESENTS,  that each person whose signature  appears below
hereby  constitutes  and appoints Erez Shachar his or her true and lawful agent,
proxy and attorney-in-fact,  with full power of substitution and resubstitution,
for him and in his name, place and stead, in any and all capacities,  to (i) act
on,  sign and file  with the  Securities  and  Exchange  Commission  any and all
amendments (including post-effective  amendments) to this Registration Statement
together with all schedules and exhibits thereto, (ii) act on, sign and file with
the Securities and Exchange  Commission any registration  statement  relating to
this Offering that is to be effective upon filing  pursuant to Rule 462(b) under
the  Securities  Act of 1933,  as amended,  (iii) act on, sign and file with the
Securities and Exchange  Commission any exhibits to such registration  statement
or pre-effective or post-effective  amendments,  (iv) act on, sign and file such
certificates, instruments, agreements and other documents as may be necessary or
appropriate in connection  therewith, (v) act on and file any supplement to any
reoffer prospectus included in this registration statement or any such amendment
and (vi) take any and all  actions  which may be  necessary  or  appropriate  in
connection therewith,  granting unto such agents, proxies and attorneys-in-fact,
and each of them,  full power and authority to do and perform each and every act
and thing necessary or appropriate to be done (including any reoffer  prospectus
included in this registration statement),  as fully for all intents and purposes
as he or she  might or could  do in  person,  hereby  approving,  ratifying  and
confirming all that such agents, proxies and  attorneys-in-fact,  any of them or
any of his, her or their  substitute or substitutes  may lawfully do or cause to
be done by virtue hereof. </FONT></P>

<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Pursuant to the  requirements  of the Securities  Act of 1933, as amended,  this
registration  statement  has been signed below by the  following  persons in the
capacities and on the dates indicated. </FONT></P>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B><U>Signature</U></B></FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B><U>Title of Capacities</U></B></FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B><U>Date</U></B></FONT></P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=33%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<U>/s/Dan Purjes&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>Dan Purjes</FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Chairman of the Board of Directors</FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
December 31, 2002</FONT></P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=33%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<U>/s/Erez Shachar&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>Erez Shachar</FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
President, Chief Executive Officer and Director</FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
December 31, 2002</FONT></P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=33%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<U>/s/Hilel Kremer&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>Hilel Kremer</FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
President, Chief Financial Officer and Secretary</FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
December 31, 2002</FONT></P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=33%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<U>/s/Doron Tsur&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>Doron Tsur </FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Director</FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
December 31, 2002</FONT></P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=33%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<U>/s/Robert F. Hussey&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>Robert F. Hussey</FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Director</FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
December 31, 2002</FONT></P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=33%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<U>/s/Orit Leitman&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>Orit Leitman</FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Director</FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
December 31, 2002</FONT></P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=33%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<U>/s/Gideon Shenholz&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>Gideon Shenholz</FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Director</FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
December 31, 2002</FONT></P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=33%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<U>/s/Oded Akselrod&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>Oded Akselrod</FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Director</FONT></P></TD>
<TD WIDTH=33%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
December 31, 2002</FONT></P></TD>
</TR>
</TABLE>
<BR>




<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6</FONT></P>
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<BR>
<BR>



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

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=8%><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>Exhibit<BR><U>Number</U></B>
<BR><BR>4.1<BR><BR>4.2<BR><BR>5.1<BR><BR>23.1<BR><BR>23.2<BR><BR>24.1</FONT></TD>

<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=70%><P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<BR><B><U>Name</U></B><BR><BR>
Specimen Certificate for ordinary shares.<SUP>1</SUP><BR><BR>
2000 Stock Option Plan.<SUP>2</SUP><BR><BR>
Opinion of Shimonov Barnea &amp; Co.<BR><BR>
Consent of Kost Forer &amp; Gabbay.<BR><BR>
Consent of  Shimonov  Barnea &amp; Co. is  included  in Exhibit 5.1 to
this Registration Statement.<BR><BR>
Power of Attorney (included in signature page).</FONT></P></TD></TR>
</TABLE>
<BR>



<P>______________________</P>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1/</FONT></TD>
<TD WIDTH=80%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Previously  filed  with  the  Commission  on  July  25,  1995  as  part  of  Nur
Macroprinters&#146;  Registration  Statement (File No. 33-93160) on Form F-1 and
incorporated by reference herein. </FONT></P></TD></TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2/</FONT></TD>
<TD WIDTH=80%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Previously filed with
the Commission on May 16, 2002 as part of Nur Macroprinters&#146; Schedule TO-I
(File No<B>. </B>5-56015) and incorporated by reference herein. </FONT></P></TD></TR>
</TABLE>
<BR>

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5
<SEQUENCE>3
<FILENAME>opinionltr.htm
<DESCRIPTION>OPINION
<TEXT>
<HTML>
<HEAD>
<TITLE>Exhibit 5 Opinion</TITLE>
</HEAD>
<BODY>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Shimonov Barnea &amp; Co</FONT></H1>

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<TR VALIGN=TOP>
<TD WIDTH=40% VALIGN=TOP><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;</FONT></TD>
<TD WIDTH=60%><P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
December 31, 2002
</FONT></P></TD>
</TR>
</TABLE>
<BR>




<P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Nur Macroprinters Ltd.<BR>
12 Abba Hilel Silver Street<BR>
P.O. Box 1281<BR>
Lod 71111<BR>
<U>Israel</U></FONT></P>

<P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Re:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>NUR Macroprinters Ltd. - Registration Statement on Form S-8</U></FONT></P>

<P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Ladies and Gentlemen,</FONT></P>

<P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>At your request, we are
rendering this opinion as special Israeli counsel to NUR Macroprinters Ltd., an
Israeli company (the &#147;Company&#148;), in connection with the proposed
issuance pursuant to the NUR Macroprinters Ltd. 2000 Stock Option Plan (the
&#147;Plan&#148;), of up to an aggregate of 2,000,000 ordinary shares, NIS 1.0
nominal value per share, of the Company (&#147;Ordinary Shares&#148;). </FONT></P>

<P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>As such special counsel, we
examined originals and copies of all such documents, records and other
statements which we deemed relevant and necessary for the basis of our opinion
hereinafter expressed. In such examination, we have assumed the following: (a)
the authenticity of original documents and the genuineness of all signatures;
(b) the conformity to the originals of all documents submitted to us as copies;
and (c) the truth, accuracy, and completeness of the information,
representations and warranties contained in the records, documents, instruments,
and certificates we have reviewed. </FONT></P>

<P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In giving the opinion
expressed herein, no opinion is expressed as to the laws of any jurisdiction
other than the State of Israel. </FONT></P>

<P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Based on such examination,
we are of the opinion that the Company has duly authorized share capital
sufficient for the 2,000,000 Ordinary Shares to be issued by the Company
pursuant to the Plan, and such Ordinary Shares, when issued in accordance with
the provisions of each Plan including payment therefore, will be validly issued,
fully paid and non-assessable. </FONT></P>

<P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>We hereby consent to the
filing of this opinion as an exhibit to this Registration Statement on Form S-8
and to the references to our name wherever it appears in said Registration
Statement in connection with this opinion. </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=40% VALIGN=TOP><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;</FONT></TD>
<TD WIDTH=60%><P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Yours truly,<BR><BR>
<BR>
Shimonov Barnea &amp; Co.
</FONT></P></TD>
</TR>
</TABLE>
<BR>

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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23
<SEQUENCE>4
<FILENAME>acctltr.htm
<DESCRIPTION>CONSENT
<TEXT>
<HTML>
<HEAD>
<TITLE>Exhibit 23 Consent</TITLE>
</HEAD>
<BODY><BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<U>CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS</U>
</FONT></P>
<BR>
<BR>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>We consent to the
incorporation by reference in the Registration Statement on Form S-8 pertaining
to the 2000 Stock Option Plan of NUR Macroprinters Ltd. of our report dated
February 14, 2002, with respect to the consolidated financial statements of NUR
Macroprinters Ltd. included in its Annual Report (Form 20-F) for the year ended
December 31, 2001, filed with the Securities and Exchange Commission. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Tel Aviv, Israel<BR>
December  30, 2002</FONT></P>

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<TD WIDTH=40% VALIGN=TOP><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;</FONT></TD>
<TD WIDTH=60%><P ALIGN=JUSTIFY><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Yours truly,<BR><BR>
<BR>
KOST, FORER and GABBAY<BR>
A member of Ernst &amp; Young International
</FONT></P></TD>
</TR>
</TABLE>
<BR>

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