_________ false

C002

אלרון תעשיה אלקטרונית בע"מ

2

Public

ELRON ELECTRONIC INDUSTRIES LTD.

7035

Corporation no: 520028036

Stock Exchange/Market: אלרון

90

380

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: 25/11/2008

              Time of broadcast: 11:59 11:57:54

Reference: 2008-02-329550

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

Immediate Report

Regulation 4 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 ANNOUNCES DISCOUNT INVESTMENT CORPORATION CONSIDERING POSSIBILITIES FOR GOING PRIVATE TRANSACTION INVOLVING ELRON

PR251108privateDICFINAL_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: 16/11/2008

Name of the Signatory: : Gershowitz Donna , Position of Signatory in the reporting corporation: General Counsel & Corporate Secretary , Name of Employer Company: .

P.O. Box Telephone: 054-9222040 , Facsimile: 03-6075556 , E-mail: donna@elron.net 2