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Elbit Imaging Ltd. Announces Second Quarter Results for 2011
Date:8/31/2011

es by employees - - - - - - June 30, 2011 38,051 844,574 (444,069) - (55,676) 61,741

Table cont'd.

Total amount attributable Total to equity Non share- Retained Gross Treasury holders of Controlling holders' earnings Amount stock the Company Interest equity (in thousand NIS) Balance - December 31, 2009 433,334 1,084,969 (138,519) 946,450 1,201,721 2,148,171 Comprehensive income (loss) 61,998 (128,992) - (128,992) (162,687) (291,679) Purchase of parent shares by a subsidiary - - (30,002) (30,002) - (30,002) Stock based compensation expenses - 9,429 - 9,429 23,380 32,809 Employee stocks expired - - - - - - Initially consolidated subsidiary - - - - 182,843 182,843 issuance of shares to the minority by a subsidiary - (36,145) - (36,145) 171,524 135,379 Exercise of shares by employees - - - - - - Purchase of the minority interest - - - - - - December 31, 2010 495,332 929,261 (168,521) 760,740 1,416,781 2,177,521 Comprehensive income (loss) (93,508) (65,245) - (65,246) 64,843 (402) Purchase of parent shares by a subsidiary - - - - - - Stock based compensation expenses - 4,540 - 4,540 9,741 14,281 Employee stocks expired - - - - - - Initially consolidated subsidiary - - - - 11,766 11,766 issuance of shares to the minority by a subsidiary - (22,114) - (22,114) (50,310) (72,424) Exercise of shares by employees - - - - - - June 30, 2011 401,824 846,442 (168,521) 677,921 1,452,821 2,130,742

ELBIT IMAGING LTD.

STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY

Available Foreign for sale currency and Stock base Share Share translation Hedging other compensation Capital premium adjustments reserves reserves reserve (in thousand NIS) December 31, 2010 11,142 247,313 (138,212) - (9,927) 16,750 Comprehensive income (loss) - - 8,177 - 99 - Purchase of parent shares by a subsidiary - - - - - - Stock based compensation expenses - - - - - 1,329 Initially consolidated subsidiary - - - - - - issuance o
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