DGAP-Adhoc: Metis Capital Ltd.: Negotiations on sale of Metis Capital Rent a Car Ltd. stopped


Metis Capital Ltd. / Disposal

14.04.2008 

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; April 14, 2008 – Metis Capital Ltd. (Prime Standard: EIC;
TASE: MTSC) is announcing following ad hoc release from March 19, 2008,
that it stopped the negotiations for the sale of its holdings in Metis
Capital Rent a Car Ltd, a subsidiary which is in the full ownership of
Metis Capital and which is also the owner of the concession to the brand
'Europcar' in Israel and is engaged in the area of car rental and leasing.
The negotiations were stopped because the parties haven't reached a mutual
understanding.

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 14.04.2008 
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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
End of News                                     DGAP News-Service
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