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Oil Refineries Announces Financial Results for Third Quarter and Nine Months 2007
Date:11/20/2007

5 3,266,174

-------------- --------------

Long-term liabilities

Debentures 974,246 854,799

Loans and liabilities 1,934,173 2,205,647

Long-term derivative instrument 4,280 -

Deferred taxes 539,697 498,352

Liability in respect of financing lease 29,187 29,275

Liability for employee termination benefits,

net 254,204 278,801

_________ _________

3,735,787 3,866,874

-------------- --------------

Total liabilities 7,142,512 7,133,048

-------------- --------------

Shareholders' equity 3,104,784 2,714,677

-------------- --------------

10,247,296 9,847,725

_________ _________

_________ _________

(ii) Reclassified.

Oil Refineries Ltd.

Consolidated Pro-Forma Profit and Loss Statements

In thousands of reported NIS, except per share amounts

Nine month period Three month period Year ended

ended September 30, ended September 30, December 31,

2007 2006 2007 2006 2006

Actual Pro forma Actual Pro forma Pro forma

Unaudited Unaudite
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SOURCE Oil Refineries Ltd
Copyright©2007 PR Newswire.
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