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XTL Biopharmaceuticals Announces Financial Results for the Six Months Ended June 30, 2007
Date:8/19/2007

Six months March 9, 1993(*)

ended June 30, to June 30,

2007 2006 2007

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

CASH FLOWS FROM FINANCING ACTIVITIES:

Issuance of share capital - net of share

issuance expenses -- 24,391 128,734

Exercise of share warrants and stock

options 3 92 2,103

Proceeds from long-term debt -- -- 399

Proceeds from short-term debt -- -- 50

Repayment of long-term debt -- -- (399)

Repayment of short-term debt -- -- (50)

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

Net cash provided by financing activities 3 24,483 130,837

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

NET INCREASE (DECREASE) IN CASH AND

CASH EQUIVALENTS (1,949) 18,812 2,451

BALANCE OF CASH AND CASH EQUIVALENTS AT

BEGINNING OF PERIOD 4,400 13,360 --

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

BALANCE OF CASH AND CASH EQUIVALENTS AT

END OF PERIOD 2,451 32,172 2,451

======== ========= =========

Supplementary information on investing

and financing activities not involving

cash flows -

Issuance of ordinary shares in respect of

license, and purchase of assets -- -- 1,391

Conversion of convertible subordinated

Debenture into shares
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SOURCE XTL Biopharmaceuticals Ltd

Copyright©2007 PR Newswire.

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