-----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,
 Nw35hWYnOweNe+Hf4iGUa3hOwv2nUi4JT8/cOcB0US//TZmMEGzkiQShUwmDHu0c
 fp62gGnzj8pWQZBi6w3CAw==

<SEC-DOCUMENT>0001178913-06-001007.txt : 20060606
<SEC-HEADER>0001178913-06-001007.hdr.sgml : 20060606
<ACCEPTANCE-DATETIME>20060606060939
ACCESSION NUMBER:		0001178913-06-001007
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20060606
DATE AS OF CHANGE:		20060606

SUBJECT COMPANY:	

	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:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-56015
		FILM NUMBER:		06887849

	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

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BANK HAPOALIM BM
		CENTRAL INDEX KEY:			0000902528
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 8880 [8880]
		IRS NUMBER:				132775750
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		50 ROTHCHILD BOULEVARD
		CITY:			TEL AVIV
		STATE:			L3
		ZIP:			00000
		BUSINESS PHONE:		9723567494

	MAIL ADDRESS:	
		STREET 1:		BANK HAPOALIM B M
		STREET 2:		50 ROTHCHILD BOULEVARD
		CITY:			TEL AVIV
		STATE:			L3
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>zk62597.htm
<TEXT>
<HTML>
<HEAD>
     <!-- Created by EDGAR Ease Plus (EDGAR Ease+) -->
     <!-- Project:        \\Backup\office\EDGAR Filing\Other Filers\Poalim Capital Markets\Nur Macroprinters Ltd\62597\a62597.eep -->
     <!-- Control Number: 62597                                                            -->
     <!-- Rev Number:     1                                                                -->
     <!-- Client Name:    Poalim Capital Markets                                           -->
     <!-- Project Name:   SC 13G                                                           -->
     <!-- Firm Name:      Zadok-Keinan Ltd                                                 -->
     <TITLE>SC 13G</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">

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<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, DC 20549 </font></h1>

<!-- MARKER FORMAT-SHEET="Footnote Rule-TNR" FSL="Workstation" -->
<Hr Size="1" Noshade Width="15%" Align="Center">

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 Align=CENTER><Font Face="Times New Roman, Times, Serif" Size=4>SCHEDULE 13G </font></h1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 Align=CENTER><Font Face="Times New Roman, Times, Serif" Size=2>INFORMATION TO BE
INCLUDED IN STATEMENTS FILED PURSUANT<BR>TO RULES 13d-1(c) </font></h1>


<table Width="100%" Border="0" Cellpadding="0" Cellspacing="0">
<Tr Valign="Top">
     <Td Width="100%" Align="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="5"><B>Nur Macroprinters Ltd.</B> </FONT></td></tr>
<Tr Valign="Top">
     <Td Align="Center"><Hr Size="1" Noshade Width="100%" Align="Center"></td></tr>
<Tr Valign="Top">
     <Td Align="Center"><Font Face="Times New Roman, Times, Serif" Size="2">(Name of Issuer)</font></td></tr>
</table>
<Br>


<table Width="100%" Border="0" Cellpadding="0" Cellspacing="0">
<Tr Valign="Top">
     <Td Width="100%" Align="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Ordinary Shares (NIS 1.00 par value per share)</B> </FONT></td></tr>
<Tr Valign="Top">
     <Td Align="Center"><Hr Size="1" Noshade Width="100%" Align="Center"></td></tr>
<Tr Valign="Top">
     <Td Align="Center"><Font Face="Times New Roman, Times, Serif" Size="2">(Title of Class of
Securities)</font></td></tr>
</table>
<Br>


<table Width="100%" Border="0" Cellpadding="0" Cellspacing="0">
<Tr Valign="Top">
     <Td Width="100%" Align="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>M75165106</B> </FONT> </td></tr>
<Tr Valign="Top">
     <Td Align="Center"><Hr Size="1" Noshade Width="100%" Align="Center"></td></tr>
<Tr Valign="Top">
     <Td Align="Center"><Font Face="Times New Roman, Times, Serif" Size="2">(CUSIP Number)</font></td></tr>
</table>
<Br>


<table Width="100%" Border="0" Cellpadding="0" Cellspacing="0">
<Tr Valign="Top">
     <Td Width="100%" Align="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>December 31, 2005</B> </FONT></td></tr>
<Tr Valign="Top">
     <Td Align="Center"><Hr Size="1" Noshade Width="100%" Align="Center"></td></tr>
<Tr Valign="Top">
     <Td 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>





<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=5%>&nbsp;</td>
<td Width=95%><Font Face="Times New Roman, Times, Serif" Size=2>
Check
the appropriate box to designate the rule pursuant to which this Schedule is filed:  </font></td>
</tr>
</table>
<br>


<!-- 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>&nbsp;</font></td>
<td Width=5%><Font Face="Times New Roman, Times, Serif" Size=2>         <FONT size="3" face="Wingdings">o
</font></font></td>
<td Width=90%><Font Face="Times New Roman, Times, Serif" Size=2>Rule
13d-1(b)</font></td>
</tr>
</table>
<br>

<!-- 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>&nbsp;</font></td>
<td Width=5%><Font Face="Times New Roman, Times, Serif" Size=2>         <FONT size="3" face="Wingdings">x
</font> </font></td>
<td Width=90%><Font Face="Times New Roman, Times, Serif" Size=2>Rule
13d-1(c)</font></td>
</tr>
</table>
<br>

<!-- 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>&nbsp;</font></td>
<td Width=5%><Font Face="Times New Roman, Times, Serif" Size=2>        <FONT size="3" face="Wingdings">o
</font></font></td>
<td Width=90%><Font Face="Times New Roman, Times, Serif" Size=2>Rule
13d-1(d)</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>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD ALIGN="LEFT" WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>CUSIP No. M75165106</B> </FONT>
</TD>
     <TD ALIGN="CENTER" WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>13G</B> </FONT>
</TD>
     <Td Align="Right" Width="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Page 2 of 7</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">

NAMES OF REPORTING PERSONS<Br>
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)<Br>
<Br>
Bank Hapoalim B.M.
</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>
<B><I>ISRAEL</I></B> </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 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>
4,908,396 (1)
</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>
0
</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>
4,908,396
</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>
0
</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>
4,908,396
</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*<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>
7.5% (2)
</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>
BK
</FONT></TD></TR>
</TABLE>
<Br>



<!-- 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>&nbsp;</font></td>
<td Width=5%><Font Face="Times New Roman, Times, Serif" Size=2>(1) </font></td>
<td Width=90%><Font Face="Times New Roman, Times, Serif" Size=2>The
reporting person&#146;s holdings represent Ordinary Shares issuable upon
               exercise of the Warrants held by the reporting person. </font></td>
</tr>
</table>


<!-- 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>&nbsp;</font></td>
<td Width=5%><Font Face="Times New Roman, Times, Serif" Size=2>(2) </font></td>
<td Width=90%><Font Face="Times New Roman, Times, Serif" Size=2>Calculation
is based on 60,498,062 Ordinary Shares outstanding plus 4,908,396                Ordinary
shares issuable upon exercise of the Warrants held by the reporting
               person. </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>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD ALIGN="LEFT" WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>CUSIP No. M75165106</B> </FONT>
</TD>
     <TD ALIGN="CENTER" WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>13G</B> </FONT>
</TD>
     <Td Align="Right" Width="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Page 3 of 7</FONT>
</TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Exhibit Index Hang" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=9%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 1(a).</B> </FONT> </td>
<td Width=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B></B> </FONT></td>
<td Width=88%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>
Name of Issuer:</B> </FONT> </td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=12%>&nbsp;</td>
<td Width=88%><Font Face="Times New Roman, Times, Serif" Size=2>
Nur
Macroprinters Ltd.</font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Exhibit Index Hang" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=9%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 1(b).</B> </FONT> </td>
<td Width=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B></B> </FONT></td>
<td Width=88%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>
Address of Issuer&#146;s Principal Executive Offices:</B> </FONT> </td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=12%>&nbsp;</td>
<td Width=88%><Font Face="Times New Roman, Times, Serif" Size=2>
12
Abba Hillel Silver st.<Br>Lod 7111 <Br>Israel  </font></td>
</tr>
</table>
<br>


<!-- MARKER FORMAT-SHEET="Exhibit Index Hang" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=9%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 2(a).</B> </FONT> </td>
<td Width=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B></B> </FONT></td>
<td Width=88%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>
Name of Person Filing:</B> </FONT> </td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=12%>&nbsp;</td>
<td Width=88%><Font Face="Times New Roman, Times, Serif" Size=2>
Bank
Hapoalim B.M.</font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Exhibit Index Hang" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=9%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 2(b).</B> </FONT> </td>
<td Width=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B></B> </FONT></td>
<td Width=88%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>
Address of Principal Business Office or, if none, Residence:</B> </FONT> </td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=12%>&nbsp;</td>
<td Width=88%><Font Face="Times New Roman, Times, Serif" Size=2>
50
Rothschild Blvd.,<Br>Tel Aviv, Israel </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Exhibit Index Hang" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=9%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 2(c).</B> </FONT> </td>
<td Width=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B></B> </FONT></td>
<td Width=88%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>
Citizenship:</B> </FONT> </td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=12%>&nbsp;</td>
<td Width=88%><Font Face="Times New Roman, Times, Serif" Size=2>
 ISRAEL.</font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Exhibit Index Hang" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=9%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 2(d).</B> </FONT> </td>
<td Width=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B></B> </FONT></td>
<td Width=88%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>
Title of Class of Securities:</B> </FONT> </td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=12%>&nbsp;</td>
<td Width=88%><Font Face="Times New Roman, Times, Serif" Size=2>
Common Stock</font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Exhibit Index Hang" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=9%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 2(e).</B> </FONT> </td>
<td Width=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B></B> </FONT></td>
<td Width=88%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>
CUSIP Number:</B> </FONT> </td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=12%>&nbsp;</td>
<td Width=88%><Font Face="Times New Roman, Times, Serif" Size=2>
 M75165106  </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>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD ALIGN="LEFT" WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>CUSIP No. M75165106</B> </FONT>
</TD>
     <TD ALIGN="CENTER" WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>13G</B> </FONT>
</TD>
     <Td Align="Right" Width="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Page 4 of 7</FONT>
</TD></TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Exhibit Index Hang" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=9%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 3.</B> </FONT> </td>
<td Width=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B></B> </FONT></td>
<td Width=88%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>
If This Statement is Filed Pursuant to Rule&nbsp;13d-1(b), or 13d-2(b)or (c), Check
Whether the Person Filing is a:</B> </FONT> </td>
</tr>
</table>
<br>


<!-- MARKER FORMAT-SHEET="Para Hang Lv 2-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<Td Width="10%" Align="Center"><Font Face="Times New Roman, Times, Serif" Size=2>(a)</font></td>
<td Width=5%><Font Face="Times New Roman, Times, Serif" Size=2>    <FONT size="3" face="Wingdings">o
</font>    </font></td>
<td Width=85%><Font Face="Times New Roman, Times, Serif" Size=2>Broker
or dealer registered under                         Section 15 of the Exchange Act. </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 2-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=10% Align="Center"><Font Face="Times New Roman, Times, Serif" Size=2> (b)</font></td>
<td Width=5%><Font Face="Times New Roman, Times, Serif" Size=2>   <FONT size="3" face="Wingdings">o
</font>     </font></td>
<td Width=85%><Font Face="Times New Roman, Times, Serif" Size=2>Bank
as defined in Section                         3(a)(6) of the Exchange Act. </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 2-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=10% Align="Center"><Font Face="Times New Roman, Times, Serif" Size=2>(c)</font></td>
<td Width=5%><Font Face="Times New Roman, Times, Serif" Size=2>     <FONT size="3" face="Wingdings">o
</font>    </font></td>
<td Width=85%><Font Face="Times New Roman, Times, Serif" Size=2>Insurance
company as defined in                         Section 3(a)(19) of the
                                 Exchange Act. </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 2-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=10% Align="Center"><Font Face="Times New Roman, Times, Serif" Size=2>(d)</font></td>
<td Width=5%><Font Face="Times New Roman, Times, Serif" Size=2>       <FONT size="3" face="Wingdings">o
</font>  </font></td>
<td Width=85%><Font Face="Times New Roman, Times, Serif" Size=2>Investment
company registered under Section 8 of                         the Investment Company Act. </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 2-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=10% Align="Center"><Font Face="Times New Roman, Times, Serif" Size=2>(e)</font></td>
<td Width=5%><Font Face="Times New Roman, Times, Serif" Size=2>       <FONT size="3" face="Wingdings">o
</font>  </font></td>
<td Width=85%><Font Face="Times New Roman, Times, Serif" Size=2>An
investment adviser in accordance with                         Rule 13d-1(b)(1)(ii)(E). </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 2-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=10% Align="Center"><Font Face="Times New Roman, Times, Serif" Size=2>(f)</font></td>
<td Width=5%><Font Face="Times New Roman, Times, Serif" Size=2>      <FONT size="3" face="Wingdings">o
</font>   </font></td>
<td Width=85%><Font Face="Times New Roman, Times, Serif" Size=2>An
employee benefit plan or endowment fund in                         accordance with Rule
13d-1(b)(1)(ii)(F). </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 2-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=10% Align="Center"><Font Face="Times New Roman, Times, Serif" Size=2>(g)</font></td>
<td Width=5%><Font Face="Times New Roman, Times, Serif" Size=2>     <FONT size="3" face="Wingdings">o
</font>    </font></td>
<td Width=85%><Font Face="Times New Roman, Times, Serif" Size=2>A
parent holding company or control person in                         accordance with Rule
13d-1(b)(ii)(G). </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 2-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=10% Align="Center"><Font Face="Times New Roman, Times, Serif" Size=2>(h)</font></td>
<td Width=5%><Font Face="Times New Roman, Times, Serif" Size=2>     <FONT size="3" face="Wingdings">o
</font>    </font></td>
<td Width=85%><Font Face="Times New Roman, Times, Serif" Size=2>A
savings association as defined in Section 3(b)                         of the Federal
Deposit Insurance Act. </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 2-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=10% Align="Center"><Font Face="Times New Roman, Times, Serif" Size=2>(i)</font></td>
<td Width=5%><Font Face="Times New Roman, Times, Serif" Size=2>     <FONT size="3" face="Wingdings">o
</font>    </font></td>
<td Width=85%><Font Face="Times New Roman, Times, Serif" Size=2>A
church plan that is excluded from the                         definition of an investment
company under                         Section 3(c)(14) of the Investment Company Act. </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 2-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<Td Width="10%" Align="Center"><Font Face="Times New Roman, Times, Serif" Size=2>(j)</font></td>
<td Width=5%><Font Face="Times New Roman, Times, Serif" Size=2>     <FONT size="3" face="Wingdings">o
</font>    </font></td>
<td Width=85%><Font Face="Times New Roman, Times, Serif" Size=2>Group,
in accordance with Rule                         13d-1(b)(1)(ii)(J). </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Exhibit Index Hang" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=9%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 4.</B> </FONT> </td>
<td Width=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B></B> </FONT></td>
<td Width=88%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>
Ownership.</B> </FONT> </td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 2-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<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>(a)</font></td>
<td Width=85%><Font Face="Times New Roman, Times, Serif" Size=2>        Amount
Beneficially Owned:  </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 4-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=20%>&nbsp;</td>
<td Width=80%><Font Face="Times New Roman, Times, Serif" Size=2>
upon
exercise of the Warrants held by the reporting person, the reporting person will hold
4,908,396 Ordinary shares.</font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 2-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<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>(b)</font></td>
<td Width=85%><Font Face="Times New Roman, Times, Serif" Size=2>          Percent
of Class:  </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 4-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=20%>&nbsp;</td>
<td Width=80%><Font Face="Times New Roman, Times, Serif" Size=2>
upon
exercise of the Warrants held by the reporting person, the reporting person will hold 7.5%
of the outstanding share capital of Nur Macroprinters.</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>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD ALIGN="LEFT" WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>CUSIP No. M75165106</B> </FONT>
</TD>
     <TD ALIGN="CENTER" WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>13G</B> </FONT>
</TD>
     <Td Align="Right" Width="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Page 5 of 7</FONT>
</TD></TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Para Hang Lv 2-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<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>(c) </font></td>
<td Width=85%><Font Face="Times New Roman, Times, Serif" Size=2>Number
of shares as to which persons filing statement have:  </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 3-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=15%><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=80%><Font Face="Times New Roman, Times, Serif" Size=2>Sole
power to vote or to direct the vote:  </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 4-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=20%>&nbsp;</td>
<td Width=80%><Font Face="Times New Roman, Times, Serif" Size=2>
upon
exercise of the Warrants held by the reporting person, the reporting person will have a
sole voting power with respect to 4,908,396 Ordinary shares.</font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 3-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=15%><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=80%><Font Face="Times New Roman, Times, Serif" Size=2>Shared
power to vote or to direct the vote:  </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 4-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=20%>&nbsp;</td>
<td Width=80%><Font Face="Times New Roman, Times, Serif" Size=2>
Not
applicable. </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 3-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=15%><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=80%><Font Face="Times New Roman, Times, Serif" Size=2>         Sole
power to dispose or to direct the disposition of:  </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 4-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=20%>&nbsp;</td>
<td Width=80%><Font Face="Times New Roman, Times, Serif" Size=2>
upon
exercise of the Warrants held by the reporting person, the reporting person will have a
sole disposition power with respect to 4,908,396 Ordinary shares.</font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 3-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=15%><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=80%><Font Face="Times New Roman, Times, Serif" Size=2>Shared
power to dispose or to direct the disposition of:Not applicable.  </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Exhibit Index Hang" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=9%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 5.</B> </FONT> </td>
<td Width=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B></B> </FONT></td>
<td Width=88%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>
Ownership of Five Percent or Less of a Class.</B> </FONT> </td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=5%>&nbsp;</td>
<td Width=95%><Font Face="Times New Roman, Times, Serif" Size=2>
Not
applicable.</font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Exhibit Index Hang" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=9%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 6.</B> </FONT> </td>
<td Width=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B></B> </FONT></td>
<td Width=88%><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>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=5%>&nbsp;</td>
<td Width=95%><Font Face="Times New Roman, Times, Serif" Size=2>
 Not
applicable.  </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Exhibit Index Hang" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=9%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 7.</B> </FONT> </td>
<td Width=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B></B> </FONT></td>
<td Width=88%><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>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=5%>&nbsp;</td>
<td Width=95%><Font Face="Times New Roman, Times, Serif" Size=2>
Not
applicable.</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>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD ALIGN="LEFT" WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>CUSIP No. M75165106</B> </FONT>
</TD>
     <TD ALIGN="CENTER" WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>13G</B> </FONT>
</TD>
     <Td Align="Right" Width="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Page 6 of 7</FONT>
</TD></TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Exhibit Index Hang" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=9%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 8.</B> </FONT> </td>
<td Width=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B></B> </FONT></td>
<td Width=88%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>
Identification and Classification of Members of the Group.</B> </FONT> </td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=5%>&nbsp;</td>
<td Width=95%><Font Face="Times New Roman, Times, Serif" Size=2>
Not applicable. </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Exhibit Index Hang" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=9%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 9.</B> </FONT> </td>
<td Width=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B></B> </FONT></td>
<td Width=88%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>
Notice of Dissolution of Group.</B> </FONT> </td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=5%>&nbsp;</td>
<td Width=95%><Font Face="Times New Roman, Times, Serif" Size=2>
 Not
applicable. </font></td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Exhibit Index Hang" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=9%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 10.</B> </FONT> </td>
<td Width=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B></B> </FONT></td>
<td Width=88%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>
Certifications.</B> </FONT> </td>
</tr>
</table>
<br>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Workstation" -->
<Table Width=100% Cellpadding=0 Cellspacing=0 Border=0>
<tr Valign=TOP>
<td Width=5%>&nbsp;</td>
<td Width=95%><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 acquired in the ordinary course of business and 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 the securities and were not acquired and are not held in
connection with or as a participant in any transaction having such purposes or effect.  </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>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD ALIGN="LEFT" WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>CUSIP No. M75165106</B> </FONT>
</TD>
     <TD ALIGN="CENTER" WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>13G</B> </FONT>
</TD>
     <Td Align="Right" Width="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Page 7 of 7</FONT>
</TD></TR>
</TABLE>
<BR>

<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>SIGNATURE</B> </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Default" -->
<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>

<!-- MARKER FORMAT-SHEET="Signature (Single)" FSL="Workstation" -->
<Table Width=100% Cellspacing=0 Cellpadding=0 Border=0>
<tr Valign=TOP>
<td Width=33%><Font Face="Times New Roman, Times, Serif" Size=2>Date:  June 5, 2006</font></td>
<td Width=34%><Font Face="Times New Roman, Times, Serif" Size=2>Bank Hapoalim B.M.<Br><Br>
<br>By: /s/ Ofer Levy<br>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<br>
Ofer Levy<br>Comptroller</font></td>
<td Width=33%><Font Face="Times New Roman, Times, Serif" Size=2><Br><Br>
<br>By: /s/ Eyal Issaharov<br>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<br>
Eyal Issaharov<br>Economist</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">
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
