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Elbit Imaging Ltd. Announces Second Quarter Results for 2008
Date:8/31/2008

638 638 - 638

Change in fair

value of Swap

transactions (7,232) - - (7,232) - (7,232)

Stock based

compensation

expenses 19,427 - - 19,428 76,450 95,877

Initially

consolidation of

a subsidiary - - - - 32,415 32,415

Employee share

premium 163 - (163) (0) - (0)

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

December 31,

2007 2,177,335 (138,519) (3,378) 2,035,438 1,193,564 3,229,002

Gain for the

period (11,593) - - (11,593) 64,053 52,460

Differences from

translation of

foreign entities'

financial

statements (312,891) - - (312,891) (86,536) (399,427)

Dividend paid (168,064) - - (168,064) - (168,064)

Issuance of

shares to the

minority by

a subsidiary - - - - 6,522 6,522

Repayment of

loans as a

result of the

realization by

employees of

rights to shares - - 3,394 3,394 - 3,394

Change in fair

value of Swap

transactions 15,338 - - 15,338 - 15,338

Stock based

compensation

expenses 6,784 - - 6,784 23,865 30,649

Dividend to the

minority - - - - (97,766) (97,766)

Employee share

premium 16 - (16) - - -

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

June 30,

2008 1,706,925 (138,519) (0) 1,568,406 1,103,702 2,672,108

========
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SOURCE Elbit Imaging Ltd.
Copyright©2008 PR Newswire.
All rights reserved

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