TEL AVIV, Israel , Sept. 16 /PRNewswire-FirstCall/ -- The Company hereby notifies that the District Court of Tel Aviv-Yafo has approved the appointment of Ziv Haft Trusts Company Ltd. ('Ziv Haft') as the trustee for the holders of the Series A Notes, Series B Notes and Series C Notes of the Company. The appointment of Ziv Haft as a trustee, who replaces the former trustee Aurora Fidelity Trust Company Ltd., is effective as of September 8, 2008

    Very truly yours,

    Elbit Imaging Ltd.


    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

SOURCE Elbit Imaging Ltd.