DGAP-Adhoc: Metis Capital Ltd.: Decision to purchase debunteres (series A) by a subsidiary of the Company


Metis Capital Ltd. / Agreement

28.08.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Tel Aviv/ Israel; August 28, 2008 – The board of directors of Metis Capital
Ltd. (Prime Standard: EIC; TASE: MTSC) has decided to increase the budget
for  purchasing debentures (series A) of the company by a subsidiary of the
Company to an accumulated amount of 45,000,000 NIS.

Up to date and since the previous Board decision on April 23, 2008 the
company has purchased by the subsidiary debentures (series A) in total
amount of approximately 10.5 million NIS.
The debentures that will be purchased by the subsidiary are considered as
assets of the subsidiary and will not be delisted from the trade in TASE.
The Company is not undertaking that buying will occur in the full amount or
part of it and the buying is under consideration of the company's
management according to the information that it will have.


Contact:
Metis Capital Ltd.
Yaakov Dovrat, CFO
Phone:  +972-3-537 3000
E-mail:  yaakov@metis-capital.com

Janina Wismar
Investor Relations
Phone: +49-40-60918650
E-mail: janina.wismar@kirchhoff.de


DGAP 28.08.2008 
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Language:     English
Issuer:       Metis Capital Ltd.
              30 Hamasger Street
              61090 Tel-Aviv
              Israel
Phone:        +972 (03) 537-3000
Fax:          +972 (03) 537-4000
E-mail:       investor@metis-capital.com
Internet:     www.metis-capital.com
ISIN:         IL0003570129
WKN:          936734
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News                                     DGAP News-Service
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