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Elbit Imaging Ltd. Announces First Quarter Results for 2008
Date:5/29/2008

,173 13,108 68,139 5,115

Decrease in shareholding of

investees - - 5,310 -

195,159 558,365 3,498,561 54,929

Costs and expenses

Commercial centers(1) 40,806 419,831 1,714,253 11,485

Hotels operations and management 81,626 81,582 330,063 22,974

Cost and expenses of medical

systems operation 14,983 17,763 69,953 4,217

Cost of fashion merchandise 22,697 17,413 80,308 6,388

Research and development expenses,

net 16,166 16,142 69,559 4,550

General and administrative expenses 8,551 16,416 116,992 2,407

Share in losses of associates, net 2,318 4,496 12,667 652

Financial expenses, net 12,113 22,654 140,925 3,409

Other expenses, net (1,854) (3,475) 38,233 (522)

197,406 592,821 2,572,953 55,560

Profit (loss) before income taxes (2,247) (34,456) 925,608 (631)

Income taxes (tax benefits) 3,055 (279) 16,288 860

Profit (loss) from continuing

operations (5,302) (34,177) 909,320 (1,491)

Profit from discontinued operation,

net 1,754 170 10,288 494

Profit (loss) for the period (3,548) (34,007) 919,608 (997)

Attributable to:

Equity holders of the Company (27,348) (40,693) 539,749 (7,695)

Minority interest 23,800 6,686 379,859 6,698

(3,548) (34,007) 919,608 (997)

(1) Sale of trading property and investment property operations

Elbit Imaging Ltd
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SOURCE Elbit Imaging Ltd.
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