_________

C001

אלרון תעשיה אלקטרונית בע"מ

2

Public

ELRON ELECTRONIC INDUSTRIES LTD.

2688

Corporation no: 520028036

Stock Exchange/Market: אלרון

90

379

Azrieli Center 3 The Triangle Building, 42nd flr , Tel Aviv 67023 , ,

Tel: 03-6075555 , Fax: 03-6075556

E.mail address: PAUL@ELRON.NET

Date of transmission: 14/03/2007

              Time of broadcast: 08:55 08:49:03

Reference: 2007-02-335834

Israel Securities Authority		Tel Aviv Stock Exchange
www.isa.gov.il		www.tase.co.il

Report of Periodic or Interim Report

Regulation 3 of the Securities Regulations, (Periodic and Immediate Reports of Foreign Corporation) 5761-2000

The corporation is a foreign private issuer as defined by U.S. Securities Laws.

Attached hereto is a report on

ELRON ELECTRONIC INDUSTRIES ANNOUNCES: • $17.4 MILLION NET INCOME IN THE FOURTH QUARTER OF 2006; • NET INCOME IN 2006 AMOUNTED TO $3.0 MILLION; • $123.5 MILLION CASH BALANCE AT YEAR-END; AND • INVESTMENTS IN 2006 AMOUNTED TO $53.8 MILLION.

PRQ406Final_isa.pdf

References of previous documents relating to this matter(the reference does not constitute incorporation by reference):

Previous names of reporting entity:

Date of revision of form structure: 28/02/2007

Name of the Signatory: : Weinberg Paul , , Position of Signatory in the reporting corporation: General Counsel & Corporate Secretary

Azrieli Center 3 Telephone: 03-6075555 , Facsimile: 03-6075556 , E-mail: Paul@elron.net