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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001178913-08-000859.txt : 20080403
<SEC-HEADER>0001178913-08-000859.hdr.sgml : 20080403
<ACCEPTANCE-DATETIME>20080403143054
ACCESSION NUMBER:		0001178913-08-000859
CONFORMED SUBMISSION TYPE:	CB
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20080403

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:		CB
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-56015
		FILM NUMBER:		08737001

	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:			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:		CB

	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>CB
<SEQUENCE>1
<FILENAME>zk85073.htm
<TEXT>
<HTML>
<HEAD>
     <!-- Created by EDGAR Ease Plus (EDGAR Ease+) -->
     <!-- Project:        F:\EDGAR Filing\Nur Macroprinters Ltd\85073\a85073.eep           -->
     <!-- Control Number: 85073                                                            -->
     <!-- Rev Number:     1                                                                -->
     <!-- Client Name:    Nur Macroprinters Ltd                                            -->
     <!-- Project Name:   CB                                                               -->
     <!-- Firm Name:      Zadok-Keinan Ltd                                                 -->
     <TITLE>CB</TITLE>
</HEAD>
<BODY>

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

<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Default" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4>Form CB </FONT></H1>


    <P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3><b>
                                 TENDER OFFER/RIGHTS OFFERING NOTIFICATION FORM
<BR>                                                 (AMENDMENT NO. _______)
</b></FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Please place an X in the box(es) to designate
the appropriate rule provision(s) relied upon to file this Form: </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Sub 3 Left-TNR" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities
Act Rule 801 (Rights Offering)  <FONT size="3" face="Wingdings">o
</font> </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Sub 3 Left-TNR" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities Act
Rule 802 (Exchange Offer)  <FONT size="3" face="Wingdings">o
</font> </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Sub 3 Left-TNR" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exchange
Act Rule 13e-4(h)(8) (Issuer Tender Offer)  <FONT size="3" face="Wingdings">x
</font> </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Sub 3 Left-TNR" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exchange Act
Rule 14d-1(c) (Third Party Tender Offer)  <FONT size="3" face="Wingdings">o
</font> </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Sub 3 Left-TNR" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exchange
Act Rule 14e-2(d) (Subject Company Response)  <FONT size="3" face="Wingdings">o
</font> </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Filed or submitted in paper if
permitted by Regulation S-T Rule 101(b)(8)  <FONT size="3" face="Wingdings">o
</font> </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Center Underline-TNR" FSL="Workstation" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="5"><U><B>NUR Macroprinters
Ltd.</B></U> </FONT> <BR><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Name of Subject
Company) </FONT></P>


    <P align=center> <FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>ISRAEL
</U><BR> (Jurisdiction of Subject Company's Incorporation or Organization) </FONT>
</P>
<!-- MARKER FORMAT-SHEET="Head Center Underline-TNR" FSL="Workstation" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="5"><U><B>NUR Macroprinters
Ltd.</B></U> </FONT> <BR><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Name of Person(s)
Furnishing Form) </FONT></P>


        <P align=center> <FONT FACE="Times New Roman, Times, Serif" SIZE="2">Options to Purchase Ordinary Shares, par value NIS 1.00, with exercise prices below US$ 1.00,
<BR> <U>Issued to Employees under the NUR Macroprinters Ltd. Employee Stock Option Plans
</U><BR> (Title of Class of Subject Securities) </FONT>
</P>

    <P align=center> <FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Not Applicable
</U><BR> (CUSIP Number of Class of Securities (if applicable)) </FONT>
</P>


<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>NUR Macroprinters Ltd.
<BR>12
Abba Hillel Silver Street<BR>Lod 71111 <BR>ISRAEL<BR> <U>Telephone:
+972-8-9145555</U><BR>(Name, Address (including zip code) and Telephone Number (including area code) of Person(s)
Authorized to <BR>Receive Notices and Communications on Behalf of Subject Company)) </FONT></p>


<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>With a Copy to </FONT></P>


            <P align=center> <FONT FACE="Times New Roman, Times, Serif" SIZE="2">Elliot Press, Esq.
<BR> Katten Muchin Rosenman LLP
<BR> 575 Madison Avenue
<BR> New York, New York 10022
<BR>
<BR> <U>January 24, 2008
</U><BR> (Date Tender Offer/Rights Offering Commenced) </FONT>
</P>

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

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PART I &#150;
INFORMATION SENT TO SECURITY HOLDERS </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 1. Home
Jurisdiction Documents </FONT></H1>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
(a)         The following documents, which
are attached as an exhibit hereto, have been           distributed to the holders of
stock options of NUR Macroprinters Ltd. issued           pursuant to its 1997 Stock
Option Plan and 2000 Stock Option Plan that have an           exercise price of less than
US$ 1.00 (representing, in the aggregate, rights to           purchase approximately 9.9
million ordinary shares):  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=11%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBIT A: </FONT></TD>
<TD WIDTH=1%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=88%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
              Letter to Employees re Offer to Repurchase Employee Stock Options </FONT></TD>
</TR>
</TABLE>
<BR>

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<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>
(b)
          Not applicable.  </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 2. Informational
Legends </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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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PART II &#150;
INFORMATION NOT REQUIRED TO BE SENT TO SECURITY HOLDERS </FONT></H1>

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<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
(1)
          Not applicable.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
(2)
          Not applicable.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
(3)
          Not applicable.  </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PART III &#150;
CONSENT TO SERVICE OF PROCESS </FONT></H1>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
(1)
                      NUR Macroprinters Ltd. is filing with the Securities and Exchange
Commission,                     concurrently with the furnishing of this Form CB, a
written irrevocable consent                     and power of attorney on Form F-X.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<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>
(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">
<page>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PART IV &#150;
SIGNATURES </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
due 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 WIDTH=40%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>NUR MACROPRINTERS LTD.<BR><BR>
<BR>By: /s/ Yosef Zylbeberg<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
Yosef Zylberberg<BR>Interim Chief Executive Officer and Chief Financial Officer</FONT></TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Date: April 3, 2008  </FONT></P>



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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>exhibit_a.htm
<TEXT>
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<HEAD>
     <!-- Created by EDGAR Ease Plus (EDGAR Ease+) -->
     <!-- Project:        F:\EDGAR Filing\Nur Macroprinters Ltd\85073\a85073.eep           -->
     <!-- Control Number: 85073                                                            -->
     <!-- Rev Number:     1                                                                -->
     <!-- Client Name:    Nur Macroprinters Ltd                                            -->
     <!-- Project Name:   CB                                                               -->
     <!-- Firm Name:      Zadok-Keinan Ltd                                                 -->
     <TITLE>CB</TITLE>
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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B><U>EXHIBIT A</U></B> </FONT> </P>


<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>                                                           April 2, 2008
</FONT></P>




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

<!-- MARKER FORMAT-SHEET="Head Center Underline-TNR" FSL="Workstation" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Re: <U>Repurchase of
Employee Stock Options </U></FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Following the consummation of the
sale of the Company&#146;s business to Hewlett-Packard Company (the
&#147;Transaction&#148;), we would like to present you with an unconditional offer to
repurchase any outstanding company stock options held by you. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In connection with our offer, you
were previously provided with a letter a form of which is attached hereto as <U>Exhibit
1</U> and incorporated herein, setting forth, among other things, the amount (the
&#147;Consideration&#148;) you will be entitled to, subject to the conditions set forth
therein, in consideration for the company stock options you hold.<SUP>1</SUP> </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>We hereby offer to you to repurchase
all company stock options held by you as more fully set forth on <U>Exhibit 1</U>. In
connection with our offer, you are cordially requested to inform us of your choice between
the following alternatives: </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>THE FIRST ALTERNATIVE:</U> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Elect not to sell your options to the
company and relinquish the right to receive the Consideration set forth in this offer. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In this case, all the terms and
conditions of the applicable option plan under which your options were granted to you will
continue to apply. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>THE SECOND ALTERNATIVE:</U> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Accept the offer based on the
following payment terms: </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) 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>
               75% of the Consideration will be paid within seven days following the
               fulfillment of applicable regulatory requirements; and </FONT></TD>
               </TR>
               </TABLE>
               <BR>

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          <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>
               Up to 25% of the Consideration will be paid within fourteen days following
               release of the monies deposited in escrow in connection with the Transaction.
               The exact amount, if any, will be determined based on the net cash generated by
               us from our remaining assets and liabilities based on the criteria set forth by
               our Board (such amount will bear interest equal to the interest rate applicable
               to the monies deposited in the escrow account in connection with the Transaction
               commencing March 1, 2008). </FONT></TD>
               </TR>
               </TABLE>
               <BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In this case, your options will be
immediately terminated upon the receipt of payment amounting to 75% of the Consideration. </FONT></P>


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<HR SIZE=1 NOSHADE WIDTH=15% ALIGN=LEFT>

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     <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
          <TR VALIGN=TOP>
          <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><SUP>1</SUP></FONT></TD>
          <TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          The specific consideration that will be paid to each option holder that will
          elect to have their options purchased varies depending upon the number of
          options held by such holder and the exercise price of such options. Assuming all
          option holders elect to have their options purchased, the aggregate
          consideration payable to all option holders will be up to $3.9 million. </FONT></TD>
          </TR>
          </TABLE>
          <BR>




<p align=center>
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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>THE THIRD ALTERNATIVE:</U> </FONT> </P>





<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Accept the offer and receive 90% of
the Consideration within seven days following the fulfillment of applicable regulatory
requirements. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In this case, your options will be
immediately terminated upon the receipt of payment amounting to 90% of the Consideration
and <U>you will not be entitled to any additional consideration in the future</U>,
regardless of the net cash generated by us from our remaining assets and liabilities. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>You are requested to notify us of
your choice between the three alternatives set forth above via fax number +972-3-691-8226
(Attention: Yossy Zylberberg) or via e-mail to yossyz@oranaco.com by no later than April
15, 2008. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>If you do not make the required
notification by April 15, 2008 you will be deemed to have elected the First Alternative,
i.e. to continue to hold your existing options until their termination pursuant to their
terms, WITHOUT receipt of the Consideration. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Please contact Yossy Zylberberg, our
Interim CEO &amp; CFO, in the event you have any questions with respect to the arrangement
set forth in this letter. The Board and management of the company thank you for your
contribution to the company, its business and the consummation of the Transaction and wish
you the best of luck in your future endeavors. </FONT></P>


<!-- MARKER FORMAT-SHEET="Signature (Single)" FSL="Workstation" -->
<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>NUR MACROPRINTERS LTD.<BR><BR>
<BR>By: /s/ Yossy Zylberberg<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
Yossy Zylberberg<BR>Interim CEO &amp; CFO</FONT></TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I herby notify you of my election as
follows (please place an X in the appropriate box) and agree to the terms and conditions
set forth in this letter and in the letter previously sent to me, a form of which is
attached hereto as <U>Exhibit 1</U>: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<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>First
Alternative </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<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>Second
Alternative </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<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>Third
Alternative </FONT></TD>
</TR>
</TABLE>
<BR>


<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>_________________________
<BR>Name:
</FONT></P>

<p align=center>
<font size=2>Page 2 of 2</font></p>
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<page>



<IMG SRC="nur.jpg">





<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Exhibit 1</U> </FONT> </H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[Date] </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Workstation" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B><U>[Method of Delivery]</U></B> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[Name of Employee] </FONT></P>

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

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Re: <U>Compensation in connection
with the Sale of NUR&#146;s Business to Hewlett-Packard</U> </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>We hereby inform you that in
connection with the Asset Purchase Agreement between NUR Macroprinters Ltd. (the
&#147;Company&#148;) and Hewlett-Packard Company (&#147;HP&#148;), dated December 9, 2007
(the &#147;Agreement&#148;), providing for the sale of the Company&#146;s business to HP
(the &#147;Transaction&#148;), the Company&#146;s Board of Directors has approved, on
December 3, 2007 (the &#147;Board Resolution&#148;), the following: </FONT></P>

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<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>Immediately
following the closing of the Transaction, all outstanding options to
                    purchase Company shares you hold that were granted to you by the
Company (the                     &#147;Options&#148;) will become fully vested. </FONT></TD>
</TR>
</TABLE>
<BR>

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<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>The
Company hereby offers to you to sell your options to the Company, following
                    the closing of the Transaction, for an aggregate consideration,
subject to the                     payment terms as set forth in Section 3 herein, of
US$[Amount of                     Consideration]<SUP>1</SUP> (the &#147;Options
Consideration&#148;). </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>3. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
Options Consideration will be paid in two installments as follows: </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>75%
(the &#147;First Installment&#148;) within fourteen days of the closing of
                    the transaction contemplated by the Agreement; and  </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>Up
to 25% (the &#147;Second Installment&#148;) within fourteen days following
                    release of the monies deposited in escrow pursuant to the Agreement.
The exact                     amount, if any, will be determined based on the net cash
generated by the                     Company from its remaining assets and liabilities
based on the criteria set                     forth in the Board Resolution.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Please
note that due to regulatory requirements and restrictions, the payment of the Options
Consideration may be delayed until such time as the Company will obtain all required
approvals or will be exempt from obtaining such approvals. In the event of such delay, the
Options Consideration will be paid within seven days of the date in which any restrictions
have been removed or resolved. </FONT></TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Footnote Rule-TNR" FSL="Workstation" -->
<HR SIZE=1 NOSHADE WIDTH=15% ALIGN=LEFT>

<!-- MARKER FORMAT-SHEET="Para (List) Hang Lv 0-TNR" FSL="Default" -->
     <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
          <TR VALIGN=TOP>
          <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><SUP>1</SUP></FONT></TD>
          <TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          The specific consideration that will be paid to each option holder that will
          elect to have their options purchased varies depending upon the number of
          options held by such holder and the exercise price of such options. Assuming all
          option holders elect to have their options purchased, the aggregate
          consideration payable to all option holders will be up to $3.9 million. </FONT></TD>
          </TR>
          </TABLE>
          <BR>







<p align=center>
<font size=2>Page 1 of 3</font></p>
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<page>



<IMG SRC="nur.jpg">


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<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>4. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>You
hereby acknowledge and agree that the payment of the First Installment of
               the Options Consideration will be deemed as full and final consideration
for the                Options and that, subject to the receipt of the First Installment,
such Options                shall immediately be cancelled and you will in no event have
any right or claim                or demand to or from the Company, its affiliates,
officers or directors in                connection with the Options. </FONT></TD>
</TR>
</TABLE>
<BR>

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<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>5. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>You
further acknowledge and agree that you will only be entitled to receive the
               Second Installment, or any portion thereof, subject to the net cash
generated by                the Company from its remaining assets and liabilities based
on the criteria set                forth in the Board Resolution and that it is possible
that you will not be                entitled to any portion of such Second Installment. </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>6. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
Second Installment will bear an interest rate equal to the interest rate
               applicable to the monies deposited in the escrow account pursuant to the
               Agreement. </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>7. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In
the event the actions set forth above may not be reasonably consummated by
               the Company, for any cause, the Company will use its best efforts to
implement a                solution that will provide employees with a similar economic
value. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Please note that the aforementioned
compensation scheme is subject to the closing of the Transaction. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Please further note that all payments
contemplated by the Board Resolution are stated herein in gross amounts, the Company will
withhold any amounts it deems necessary from such payments prior to the transfer of the
funds to you and you will be solely responsible for any additional taxes or payments
required to be paid by you in connection with funds received pursuant to the Board
Resolution. </FONT></P>

<p align=center>
<font size=2>Page 2 of 3</font></p>
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<page>



<IMG SRC="nur.jpg">



<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Please contact Yossy Zylberberg or
Itzik Arbesfeld in the event you have any questions with respect to the arrangement set
forth in this letter. In the event you agree to the terms of this letter, and to the
proposed sale of the Options to the Company, please sign the acknowledgement at the bottom
of this page and return to the attention of David Reis, President and CEO of the Company,
by no later than [Date of Return]. </FONT></P>


<!-- MARKER FORMAT-SHEET="Signature (Single)" FSL="Workstation" -->
<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>NUR MACROPRINTERS LTD.<BR><BR>
<BR>By: /s/ David Reis<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
David Reis<BR>President and CEO</FONT></TD>
</TR>
</TABLE>
<BR>



<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>AGREED AND ACCEPTED: </FONT></P>



<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>_________________________
<BR>[Name of Employee]
</FONT></P>




<!-- MARKER FORMAT-SHEET="Footnote Rule-TNR" FSL="Workstation" -->
<HR SIZE=1 NOSHADE WIDTH=100% ALIGN=center>



    <P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>            NUR Macroprinters Ltd., 12 Abba Hillel Silver Street, P.O. Box 1281, Lod 71111, Israel
<BR>      Telephone +972-8-914-5555; Facsimile: +972-8-921-8918; E-mail: info@nur.com; Web Site: http://www.nur.com
</FONT></P>





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<font size=2>Page 3 of 3</font></p>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
