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

51,820 14,477

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

3,372,262 2,128,745 2,583,106 1,006,044

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

8,859,388 7,362,988 8,447,648 2,643,015

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

Current Liabilities

Short-term credits 197,684 621,251 166,469 58,975

Suppliers and service

providers 156,285 211,317 181,226 46,624

Payables and other credit

balances 370,634 151,352 437,813 110,571

Other liabilities 113,368 146,012 119,680 33,821

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

837,971 1,129,932 905,188 249,991

Liabilities associated with

current assets classified

as held for sale and

discontinued operation 26,877 249,842 30,123 8,019

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864,848 1,379,774 935,311 258,010

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

Non-Current liabilities

Borrowings 5,184,971 3,423,105 4,123,904 1,546,829

Other financial liabilities 73,651 104,229 91,685 21,972

Other liabilities 12,049 20,050 12,607 3,594

Deferred taxes 51,761 72,305 55,139 15,443

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

5,322,432 3,619,689 4,283,335 1,587,838

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SOURCE Elbit Imaging Ltd.
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