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Shamir Optical Industry Ltd. Reports Third Quarter 2007 Results
Date:11/27/2007

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SHAREHOLDERS' EQUITY:

Share capital

Common shares of NIS 0.01 par value

Authorized: 100,000,000 shares at December 31,

2006 and September 30, 2007; Issued and

outstanding: 16,256,514 and 16,423,740

shares at December 31, 2006 and September 30,

2007, respectively 37 37

Additional paid-in capital 65,599 66,340

Accumulated other comprehensive income 958 1,423

Retained earnings 13,209 15,513

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TOTAL SHAREHOLDERS' EQUITY 79,803 83,313

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TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $146,996 $160,000

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(1) Net of allowance for doubtful accounts of $ 1,053 and $ 1,673 as of

December 31, 2006 and September 30, 2007, respectively.

SHAMIR OPTICAL INDUSTRY LTD.

Consolidated Statements of Income

(US dollars in thousands, except per share data)

Three Months Ended Nine Months Ended

September 30, September 30,

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2006 2007 2006 2007

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(Unaudited) (Unaudited) (Unaudited) (Unaudited)

Revenues, net $24,070 $30,934 $71,843 $89,823

Cost of revenues 11,153 14,747 31,933 42,622

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SOURCE Shamir Optical Industry Ltd.
Copyright©2007 PR Newswire.
All rights reserved

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