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

Any forward looking statements with respect to EI's business, financial condition and results of operations included in this release are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward looking statements, including, but not limited to, ability to find suitable locations, receipt of approvals and permits for zoning and construction, delays in construction, dependency on partners in the hotels business, competition, risks relating to operations in Eastern Europe and Asia (including India) and risks relating to our image guided treatment, economic conditions, as well as certain other risk factors which are detailed from time to time in EI's filings with the Securities and Exchange Commission including, without limitation, Annual Report on Form 20-F for the fiscal year ended December 31, 2006, filed with the Securities and Exchange Commission on July 3, 2007.

For Further Information:

Company Contact Investor Contact Shimon Yitzhaki, President Rachel Levine

Elbit Imaging Ltd. The Global Consulting Group

(972-3) 608-6000 1-646-284-9439

syitzhaki@elbitimaging.com rlevine@hfgcg.com

Dudi Machluf, CFO

Elbit Imaging Ltd. (972-3) 608-6024

dudim@elbitimaging.com

Elbit Imaging Ltd

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June 30, June 30, December 31, June 30,

2008 2007 2007 2008

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SOURCE Elbit Imaging Ltd.
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