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Elbit Imaging Ltd. Announces First Quarter Results for 2010
Date:5/31/2010

92,228) (11,957) 1,269 15,701 ELBIT IMAGING LTD. STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY cont'd. Total amount Attributable Total to equity share- Retained Gross Treasury holders of Minority holders' earnings Amount stock the Company Interest equity Convenience translation US$'000 December 31, 2009 114,073 289,575 (37,306) 252,269 321,793 574,062 Comprehensive income (loss) (36,526) (64,365) - (64,365) (27,147) (91,512) Stock based compensation expenses - 867 - 867 1,355 2,222 issuance of shares to the minority by a subsidiary - (4,019) - (4,019) 5,816 1,797 Exercise of shares by employees - - - - - - March 31, 2010 77,547 222,058 (37,306) 184,752 301,817 486,569

About Elbit Imaging Ltd.

Elbit Imaging Ltd. operates in the following principal fields of business: (i) Commercial and Entertainment Centers - Initiation, construction, and sale of commercial and entertainment centers and other mixed-use real property projects, predominantly in the retail sector, located in Central and Eastern Europe and in India. In certain circumstances and depending on market conditions, Elbit may operate and manage a commercial and entertainment center prior to its sale; (ii) Hotels - Hotels operation and management, primarily in major European cities; (iii) Image Guided Treatment - Investments in the researc
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