ÿþ<HTML> <HEAD> <SCRIPT language=JavaScript> function setfocus() { document.NetIS.f003.focus(); } function ImageOff(imgName) { if (document.images) if (JavaScriptOK) { imgOff=eval(imgName + "_off.src"); document[imgName].src=imgOff; } } function ImageOn(imgName) { if (document.images) if (JavaScriptOK) { imgOn=eval(imgName + "_on.src"); document[imgName].src=imgOn; } } </SCRIPT> <link rel="stylesheet" href="dnb.css" type="text/css"> <META NAME="GENERATOR" Content="Microsoft Visual Studio 6.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1255"> <meta http-equiv="Content-Type" content="text/html; charset=iso-8859-8"> <TITLE>ÙÓÙâÕê D&B</TITLE> </HEAD> <BODY bgcolor=#dddddd topmargin=0> <div align=center> <table cellpadding=4 cellspacing=4 border=0 dir=rtl width=700> <TR> <td width=200></td> <td width=300></td> <td width=200></td> </TR> <tr height=85 bgcolor=#ffcc00><td colspan=3> <table cellpadding=0 cellspacing=0 border=0 dir=rtl width=700> <TR> <td width=450 ><BR><BR><BR><font size=5 color=#004d91 ><B>&nbsp;&nbsp;&nbsp;ÞÑ×è ÛêÑÕê ÕÙÓÙâÕê éäÕèáÞÕ Ô×ÕÓé</B></font> </td> <td width=250 align=left valign=center><IMG src="imgs/logodbnews.gif" border=0 ></td> </TR></table> <tr height=20 bgcolor=#004d91><td colspan=3> <table cellpadding=0 cellspacing=0 border=0 dir=rtl width=700> <TR> <td width=170 align=right>&nbsp;&nbsp;<font color=#eeeeee><B>ÒÙÜÙÕß Þá' <span dir=ltr>21</span> - ÓæÞÑè <span dir=ltr>2005</span> </B></font><span dir=ltr> </span> </td> <td width=170 align=middle><A href="past.html" ><font color=#eeeeee><span dir=ltr><B>ÒÜÙÕàÕê çÕÓÞÙÝ</B></span></font></A> </td> <td width=100 align=middle></td> <td width=250 align=middle><font color=#eeeeee><B>ÞÑÙê Óß ÐàÓ ÑèÓáØèÙØ (ÙéèÐÜ) Ñâ"Þ</B></font> </td> </TR></table> </td></tr> <tr> <td valign=top> <br><!--áÙÛÕß âàäÙ--> <table border=0 cellpadding=0 cellspacing=0> <tr> <td width=204 align="middle" st3yle="BORDER-RIGHT: #004d91 1pt solid; BORDER-LEFT: #004d91 1pt solid" bg4color ="#004d91"> <font class=titleWhite><A href="http://www.dbcredit.co.il/"><IMG src="imgs/dbcredit.gif" border=0 ></A></font> </td> </tr> <tr><td bgcolor=#ffffff width="200" style ="BORDER-RIGHT: #004d91 1pt solid; BORDER-TOP: #004d91 1pt solid; BORDER-LEFT: #004d91 1pt solid; BORDER-BOTTOM: #004d91 1pt solid" ><BR> <center> <div align=center style="PADDING-RIGHT: 12px; PADDING-LEFT: 12px; TEXT-ALIGN: justify"> <font class=txtbig><B> ÓÕ× àêÕàÙ ÐéèÐÙ æèÛàÙ  ÛÜÙ ÜÑÓÙçê âÕÑÓÙÝ äÕØàæÙÐÜÙÝ<BR><BR></B></font> ÑéàÙÝ ÔÐ×èÕàÕê, ×ÜÔ ÑâÕÜÝ âÜÙÔ ÑéÙÞÕé éÜ ÞâáÙçÙÝ ÑÓÕ× àêÕàÙ ÐéèÐÙ æèÛàÙ, ÛÛÜÙ ÜÑÓÙçê ÞÕâÞÓÙÝ äÕØàæÙÐÜÙÝ ÜâÑÕÓÔ. ÑÐèæÕê ÔÑèÙê ÔéÙÞÕé ÑÓÕ× àêÕàÙ ÐéèÐÙ ÔäÚ ÜàÕÔÜ çÑÕâ ÑêÔÜÙÚ çÑÜê âÕÑÓ ×Óé.<br> </div></FONT> <BR><div align=left style="PADDING-RIGHT: 12px; PADDING-LEFT: 12px"><A href="html/1105art7.html"><B><span dir=ltr>ÜÙÓÙâÔ ÔÞÜÐÔ &gt;&gt; </span></div></B></A><BR></B></center></td></tr> </table> <IMG height=20 src="imgs/1x1.gif" width=10 ><BR> <table border=0 cellpadding=0 cellspacing=0 bgcolor=#ffffff> <tr> <td width=204 align=middle bgcolor=#004d91 style="BORDER-RIGHT: #004d91 1pt solid; BORDER-LEFT: #004d91 1pt solid" > <font class=titleWhite>ÞÓÓ áÙÛÕß âàäÙ -&nbsp;àÕÑÞÑè <span dir=ltr><span dir=ltr>2005</span></span> </font> </td> </tr> <tr><td width=200 style="BORDER-RIGHT: #004d91 1pt solid; BORDER-LEFT: #004d91 1pt solid; BORDER-BOTTOM: #004d91 1pt solid" b2gcolor="#ffffff"><center><BR></center><IMG height=5 src="imgs/1x1.gif" width=10 ><BR> <center><IMG src="imgs/1105risks.gif" ></center><div align=center style="PADDING-RIGHT: 12px; PADDING-LEFT: 12px; TEXT-ALIGN: justify"><BR><font class=txtbig><B>ÑàÕÑÞÑè <span dir=ltr>20%</span> ÞÔ×ÑèÕê ÕÔâáçÙÝ ÑÙéèÐÜ àÞæÐÙÝ ÑáÛàê áÒÙèÔ ÜâÕÞê <span dir=ltr>19.2%</span> ÑÐÕçØÕÑè<BR></font><BR></B></FONT> </div> <div align=left style="PADDING-RIGHT: 12px; PADDING-LEFT: 12px"><A href="html/1105risk.html"><B><span dir=ltr>ÜÞÓÓ ÔÞÜÐ &gt;&gt; </span></div></B></A><BR></B></td></tr> </table> <IMG height=20 src="imgs/1x1.gif" width=10 ><BR> <table border=0 cellpadding=0 cellspacing=0 bgcolor=#ffffff> <tr> <td width=204 align=middle bgcolor=#004d91 style="BORDER-RIGHT: #004d91 1pt solid; BORDER-LEFT: #004d91 1pt solid" nowrap> <font class=titleWhite> ÞÓÓ ÞÕáè ÔêéÜÕÞÙÝ -&nbsp;àÕÑÞÑè <span dir=ltr><span dir=ltr>2005</span></span> </font> </td> </tr> <tr><td width=200 style="BORDER-RIGHT: #004d91 1pt solid; BORDER-LEFT: #004d91 1pt solid; BORDER-BOTTOM: #004d91 1pt solid" b2gcolor="#ffffff"><center><BR> <IMG src="imgs/1105pays.gif" ><BR></center> <div align=center style="PADDING-RIGHT: 12px; PADDING-LEFT: 12px; TEXT-ALIGN: justify"> <font class=txtbig><BR><B>ÐÙáÕè Ô×èÙÒÔ ÞÞáÒèê ÔÐéèÐÙ ÙçäÙå Ðê ÞÓÓ ÞÕáè ÔêéÜÕÞÙÝ Ü- <span dir=ltr>35%</span> âáçÐÕê ÑäÙÒÕè ÜâÕÞê <span dir=ltr>14.7%</span> ÔÙÕÝ.<BR></div></FONT> <div align=left style="PADDING-RIGHT: 12px; PADDING-LEFT: 12px"><BR><A href="html/1105pay.html"><B><span dir=ltr>ÜÞÓÓ ÔÞÜÐ &gt;&gt; </span></div></B></A><BR></B></td></tr> </table> <IMG height=20 src="imgs/1x1.gif" width=10 ><BR> <table border=0 cellpadding=0 cellspacing=0 bgcolor=#ffffff> <tr> <td width=204 align=middle bgcolor=#004d91 style="BORDER-RIGHT: #004d91 1pt solid; BORDER-LEFT: #004d91 1pt solid"> <font class=titleWhite>ÞÓÓ ÞàÔÜÙ ÔèÛé - àÕÑÞÑè <span dir=ltr>2005</span> </font> </td> </tr> <tr><td width=200 style="BORDER-RIGHT: #004d91 1pt solid; BORDER-LEFT: #004d91 1pt solid; BORDER-BOTTOM: #004d91 1pt solid" b2gcolor="#ffffff"><BR> <center><IMG src="imgs/1205madds.gif" ><BR> <div align=center style="PADDING-RIGHT: 12px; PADDING-LEFT: 12px; TEXT-ALIGN: justify"> <font class=txtbig><BR><B>ÐäçØ Ô×ÒÙÝ ×Üã: ÞÓÓ ÞàÔÜÙ ÔèÛé ÔÙéèÐÜÙ ×Öè ÜÞÒÞê Ôêè×ÑÕê; âèÚ ÔÞÓÓ ÑàÕÑÞÑè- <span dir=ltr>59%</span> ÜâÕÞê <span dir=ltr>48.6%</span> ÑÐÕçØÕÑè<BR></B></font> <BR></SPAN> </div></FONT> <div align=left style="PADDING-RIGHT: 12px; PADDING-LEFT: 12px"><A href="html/1105madad.html"><B><span dir=ltr>ÜÞÓÓ ÔÞÜÐ &gt;&gt; </span></div></B></A><BR></B></center></td></tr> </table> <BR></td> <td valign=top><!--âÞÕÓÔ ÙÞàÙê - ÙÓÙâÕê--> <BR><!--áÙÛÕß âàäÙ--> <table border=0 cellpadding=0 cellspacing=0 width=320> <tr> <td width="65%" align=right bgcolor=#004d91 style="PADDING-RIGHT: 5px"><font class=titleWhite><B>ÐÙáÕè Ô×èÙÒÔ ÞÞáÒèê ÔÐéèÐÙ</SPAN></B></font> </td> <td width="35%" style="BORDER-BOTTOM: #004d91 1pt solid" > <br></td></tr> <tr> <td colspan=2 bgcolor=#ffffff style="BORDER-RIGHT: #004d91 1pt solid; PADDING-RIGHT: 8px; PADDING-LEFT: 8px; BORDER-LEFT: #004d91 1pt solid; BORDER-BOTTOM: #004d91 1pt solid; TEXT-ALIGN: justify" > <BR> <a href="http://www.bankisrael.gov.il/deptdata/pikuah/credit/misgh.htm" target=bank><IMG src="imgs/misgh.gif" align=left border=0></a><font class=txtBig>Û - <span dir=ltr>80%</span> ÞÔÜçÕ×Õê ÔäèØÙÙÝ ØèÝ ÔáÓÙèÕ Ðê ÞáÒèÕê ÔÐéèÐÙ éÜÔÝ ÑÑàçÙÝ<BR><BR></font> <ul> <li>Ô×èÙÒÔ ÔéàêÙê ÔÞÞÕæâê éÜ Þéç ÑÙê ÑÙéèÐÜ- <span dir=ltr>18,000</span> ª ; <li>áÚ Ô×èÙÒÔ ÔéàêÙê éÜ ÞéçÙ ÔÑÙê ÑÙéèÐÜ <span dir=ltr>3.5</span> ÞÙÜÙÐèÓ ª ; <li>ÔÔÛàáÕê ÜÑàçÙÝ ÞÔÒÙèâÕß éÜ ÞéçÙ ÔÑÙê Û- <span dir=ltr>450</span> ÞÙÜÙÕß ª ÑéàÔ.</li> </ul> <div align=left><A href="html/1105art1.html"><B><span dir=ltr> ÜÙÓÙâÔ ÔÞÜÐÔ &gt;&gt; </span></div></A></B> <center><BR> </center> <CENTER></CENTER></td></tr></table> <IMG height=5 src="imgs/1x1.gif" width=10 ><BR> <table border=0 cellpadding=0 cellspacing=0 width=320> <tr> <td width="50%" align=right bgcolor=#004d91 style="PADDING-RIGHT: 5px"><font class=titleWhite><B>áçÙèê âàã ÔÞÖÕß</SPAN></B></font> </td> <td width="50%" style="BORDER-BOTTOM: #004d91 1pt solid" > <br></td></tr> <tr> <td colspan=2 bgcolor=#ffffff style="BORDER-RIGHT: #004d91 1pt solid; PADDING-RIGHT: 8px; PADDING-LEFT: 8px; BORDER-LEFT: #004d91 1pt solid; BORDER-BOTTOM: #004d91 1pt solid; TEXT-ALIGN: justify" > <BR> <IMG src="imgs/kenesfood.jpg" align=right ><font style="FONT-SIZE: 11px"><font color=#004d91><BR>ÔáçÙèÔ ÔÕæÒÔ ÜèÐéÕàÔ ÑÞáÒèê Ûàá âàã ÔçÞâÕàÐÕê, éâèÛÔ Óß ÐàÓ ÑèÓáØèÙØ Ñ- <span dir=ltr>29/11/05</span> ÑÑÙê Ðèå ÙéèÐÜ ÔÙäÔ ÑêÜ ÐÑÙÑ</font></font> <font class=txtBig><IMG height=22 src="imgs/1x1.gif" width=10 ><BR> <BR><B>Û- <span dir=ltr>50%</span> ÞÔÞÛÕÜÕê, ÔÞÙàÙÞèçØÙÝ ÕèéêÕê ÔÞÖÕß ÕÛ- <span dir=ltr>30%</span> ÞÙæèàÙ ÔÞÖÕß àÞæÐÙÝ ÑáÛàê áÒÙèÔ </B><BR></font> <ul> <li><IMG src="imgs/foods.gif" align=left >ÔÞÐÑç ÑÙß ÔèéêÕê ÔÒÓÕÜÕê, ÜÐ×è çèÙáê ÔçÜÐÑ ÞèçØ, ÙÕÑÙÜ ÜÞÙÖÕÒÙÝ ÕèÛÙéÕê ÑêÕÚ Ô"èéê ÔéÜÙéÙê" <li>ÛÜÛÜàÙ Óß ÐàÓ ÑèÓáØèÙØ : ÐÙáÕè Ô×èÙÒÔ ÞÞáÒèê ÔÐéèÐÙ ÙÒÓÙÜ ÔáÙÛÕß ÔâàäÙ ÕÙÑÙÐÕ ÜÔ×ÞèÔ ÑÞÕáè ÔêéÜÕÞÙÝ Ñâàã ÔÞÖÕß ÕÑÛÜÜ ÔÞéç.</li> </ul> <center> <div align=left><A href="html/1105art4.html"><B><span dir=ltr> ÜÙÓÙâÔ ÔÞÜÐÔ &gt;&gt; </span></div><BR></B></A></center> <CENTER></CENTER></td></tr></table> <IMG height=5 src="imgs/1x1.gif" width=10 ><BR> <table border=0 cellpadding=0 cellspacing=0 width=320> <tr> <td width="65%" align=right bgcolor=#004d91 style="PADDING-RIGHT: 5px"><font class=titleWhite><B>éÕç ÔáäèÙÝ ÕÔÔÕæÐÔ ÜÐÕè</SPAN></B></font> </td> <td width="35%" style="BORDER-BOTTOM: #004d91 1pt solid" > <br></td></tr> <tr> <td colspan=2 bgcolor=#ffffff style="BORDER-RIGHT: #004d91 1pt solid; PADDING-RIGHT: 8px; PADDING-LEFT: 8px; BORDER-LEFT: #004d91 1pt solid; BORDER-BOTTOM: #004d91 1pt solid; TEXT-ALIGN: justify" ><BR> <IMG src="imgs/books.gif" align=left ><font class=txtBig><B>èÞê ÔáÙÛÕß éÜ âáçÙÝ Õ×ÑèÕê Ñâàã ÔÔÕæÐÔ ÜÐÕè Õ×àÕÙÕê ÔáäèÙÝ êâÜÔ ÑÛ- <span dir=ltr>20%</span> ÑéÜ ÔéÙàÕÙ ÔÞÑàÙ Ñâàã ÕÞÜ×Þê ÔÞ×ÙèÙÝ<BR><BR> </B><BR></font> <center> <div align=left><A href="html/1105art2.html"><B><span dir=ltr> ÜÙÓÙâÔ ÔÞÜÐÔ &gt;&gt; </span></div><BR></B></A></center> <CENTER></CENTER></td></tr></table> <IMG height=5 src="imgs/1x1.gif" width=10 ><BR> <table border=0 cellpadding=0 cellspacing=0 width=320> <tr> <td width="65%" align=right bgcolor=#004d91 style="PADDING-RIGHT: 5px"><font class=titleWhite><B>éÕç Ô×ÙàÕÚ ØèÕÝ ×ÕÑÔ</SPAN></B></font> </td> <td width="35%" style="BORDER-BOTTOM: #004d91 1pt solid" > <br></td></tr> <tr> <td colspan=2 bgcolor=#ffffff style="BORDER-RIGHT: #004d91 1pt solid; PADDING-RIGHT: 8px; PADDING-LEFT: 8px; BORDER-LEFT: #004d91 1pt solid; BORDER-BOTTOM: #004d91 1pt solid; TEXT-ALIGN: justify" > <BR> <IMG src="imgs/kids.gif" align=left ><font class=txtBig><B>éÕç ×ÙàÕÚ ØèÕÝ ×ÕÑÔ ÑÙéèÐÜ ÞÒÜÒÜ <span dir=ltr>4.5</span> ÞÙÜÙÐèÓ ª ÑéàÔ</B><BR></font> <ul> <li>äâèÙ ÔÞ×ÙèÙÝ ÜÒàÙÝ äèØÙÙÝ ÑÐÖÕè ÔÞèÛÖ ÜâÕÞê ÔäèÙäèÙÔ ÞÒÙâÙÝ ÜÛ- <span dir=ltr>45%</span> <li>âÜÕê Òß äèØÙ ÜÙÜÓ Ð×Ó âÓ <span dir=ltr>55%</span> ÞÞéÛÕèê ÞÞÕæâê ÜÐÙéÔ ÑÙéèÐÜ ÜÞéèÔ ÞÜÐÔ</li> </ul> <center> <div align=left><A href="html/1105art3.html"><B><span dir=ltr> ÜÙÓÙâÔ ÔÞÜÐÔ &gt;&gt; </span></div><BR></B></A></center> <CENTER></CENTER></td></tr></table> <IMG height=5 src="imgs/1x1.gif" width=10 ><BR> <table border=0 cellpadding=0 cellspacing=0 width=320> <tr> <td width="50%" align=right bgcolor=#004d91 style="PADDING-RIGHT: 5px"><font class=titleWhite><B>éäâê ÔâÕäÕê</SPAN></B></font> </td> <td width="50%" style="BORDER-BOTTOM: #004d91 1pt solid" > <br></td></tr> <tr> <td colspan=2 bgcolor=#ffffff style="BORDER-RIGHT: #004d91 1pt solid; PADDING-RIGHT: 8px; PADDING-LEFT: 8px; BORDER-LEFT: #004d91 1pt solid; BORDER-BOTTOM: #004d91 1pt solid; TEXT-ALIGN: justify" > <BR> <IMG src="imgs/chik1.gif" align=left ><font class=txtBig><B>ÑÞçèÔ éÜ ÔêäèæÕê éäâê âÕäÕê ÑÙéèÐÜ <span dir=ltr>40%</span> ÞÔ×ÑèÕê ÔäÕâÜÕê Ñâàã ÔâÕäÕê ÙçÜâÕ ÜáÛàê áÒÙèÔ</B><BR></font><BR> áÙÛÕß âàã ÔâÕäÕê ÑÙéèÐÜ àÛÕß ÜàÕÑÞÑè <span dir=ltr>2005</span> ÔÕÐ <span dir=ltr>25.3%</span> ×ÑèÕê éàÞæÐÕê ÑáÛàê áÒÙèÔ <center> <BR> <div align=left><A href="html/1105art5.html"><B><span dir=ltr> ÜÙÓÙâÔ ÔÞÜÐÔ &gt;&gt; </span></div><BR></B></A></center> <CENTER></CENTER></td></tr></table><!--×Óé Ñ- D&B--></td> <td valign=top><BR><!--âÞÕÓÔ éÞÐÜÙê - ÞÓÓÙÝ--> <table border=0 cellpadding=0 cellspacing=0 width=190> <tr> <td width=190 align=middle bgcolor=#004d91 style="BORDER-RIGHT: #004d91 1pt solid; BORDER-LEFT: #004d91 1pt solid"><font class=titleWhite>ÓÑè ÔÞàÛ"Ü</font> </td> </tr> <tr><td align=right bgcolor=#eeeeee style="BORDER-RIGHT: #004d91 1pt solid; PADDING-RIGHT: 10px; PADDING-LEFT: 10px; FONT-SIZE: 12px; BORDER-LEFT: #004d91 1pt solid; COLOR: #0e4699; BORDER-BOTTOM: #004d91 1pt solid; FONT-FAMILY: arial; TEXT-ALIGN: justify" > <P><BR> <IMG hspace=6 src="imgs/ceo.gif" align=left><font class=blue> ÜçÕ×Õê ÙçèÙÝ,<BR> <BR> Ô×ÕÓé âèÛÔ ×Ñèê Óß ÐàÓ ÑèÓáØèÙØ Ûàá ÜçÕ×Õê Üâàã ÔÞÖÕß. âàã ÖÔ ÞÞéÙÚ ÜÔÕÑÙÜ Ðê èéÙÞê ÔâàäÙÝ ÔÞáÕÛàÙÝ ÑÞéç ÔÙéèÐÜÙ. âàã ÔÞáâÓÕê ÕÔäÐÑÙÝ ÞÞéÙÚ ÜÔÙÕê Ôâàã ÔÞáÕÛß ÑÙÕêè ÞÑÙß ÔâàäÙÝ éàáçèÕ ÑàÕÑÞÑè âÝ <span dir=ltr>60%</span> ÞÔ×ÑèÕê ÔàÞæÐÕê ÑáÛàê áÒÙèÔ. Ð×èÙÕ ÞÛÕÜÕê ÕèéêÕê ÞÖÕß, âÝ <span dir=ltr>49.1%</span> âáçÙÝ ÑáÛàê áÒÙèÔ ÑàÕÑÞÑè ÜâÕÞê <span dir=ltr>48.4%</span> ÑêçÕäÔ éÜ ÜäàÙ Ô×ÒÙÝ. Ñâàã ÔÞÐäÙÕê <span dir=ltr>45%</span> âáçÙÝ àÞæÐÕ ÑáÛàê áÒÙèÔ ÑàÕÑÞÑè ÕÑâàã ÙÙæÕè ÔÞÖÕß <span dir=ltr>28.9%</span>. ÖÐê ÑÔéÕÕÐÔ ÜéÙâÕè ÛÜÜ Ô×ÑèÕê ÕÔâáçÙÝ ÑÞéç ÔàÞæÐÙÝ ÑèÞê áÙÛÕß ÒÑÕÔÔ, ÔâÕÞÓ ÑàÕÑÞÑè âÜ <span dir=ltr>20%</span> . <BR> <BR> ÑÞÔÜÚ ÔÐÙèÕâ, éàâèÚ ÑÑÙê Ðèå ÙéèÐÜ ÙäÔ ÕÖÛÔ ÜÔÙâàÕê ÒÑÕÔÔ ÞæÓ ÑÛÙèÙ âàã ÔÞÖÕß ÑÐèå, ÔæÒàÕ êÞÕàê ÞæÑ éÜ Ôâàã ÛÙÕÝ êÕÚ ÔêÙÙ×áÕê ÜâêÙÓÕ ÕÜÔéäâÔ éÜ ÞÒÞÕê ÕéÙàÕÙÙÝ ÞÐçèÕ ÛÜÛÜÙÙÝ.<BR> <BR> ÛÚ ÜÓÕÒÞÐ ÔêÙÙ×áàÕ ÜÔéäâÔ ÕÜéÙàÕÙÙÝ ÔÞÑàÙÙÝ Ñâàã ÑâçÑÕê çèÙáê çÜÐÑ ÞèçØ, ÐÑ×àÕ ÒÕèÞÙÝ éÙÛÕÜÙÝ ÜÔéäÙâ âÜ èÞê ÔáÙÛÕß ÔâàäÙ, ×éäàÕ êè×Ùé ÔÞæÙÒ ÔéÜÛÕê ÐäéèÙÕê ÑÞçèÔ éÜ ÔêäèæÕê Þ×Üê éäâê ÔâÕäÕê ÑÐèå, áçèàÕ ÞÒÞÕê âêÙÓÙÕê ÕÛÙÕÕàÙ Ôêäê×Õê ÕâÕÓ ÞÒÕÕß àêÕàÙÝ ÔèÜÕÕàØÙÙÝ Üâàã.<BR> <BR> ÔÛàá ÖÛÔ ÜâàÙÙß èÑ ÞæÓ ÜçÕ×ÕêÙàÕ, éÔÑÙâÕ Ðê éÑÙâÕê èæÕàÝ ÞÔÞÙÓâ éÔÕâÑè, ÞÙÓâ ÔÞÔÕÕÔ ÛÜÙ ×éÕÑ ÑçÑÜê Ô×ÜØÕê. ÛÞÕ Ûß, ÖÛÔ ÔÛàá Ü×éÙäÔ èÑÔ ÑÐÞæâÙ ÔêçéÕèê. <BR> <BR> ÑÞÔÜÚ ÔéàÔ ÔçèÕÑÔ ÑÛÕÕàêàÕ ÜâèÕÚ ÛàáÙ ÜçÕ×Õê àÕáäÙÝ âÜ äÙ âàäÙ ÔÞéç ÔéÕàÙÝ ÕÜêê ÜÛÝ, ÜçÕ×ÕêÙàÕ, ÞÙÓâ ÞÞÕçÓ âÜ Ôâàã ÑÕ ÐêÝ äÕâÜÙÝ.<BR> <BR><font class=blue> àéÞ× ÜçÑÜ Ðê êÒÕÑêÛÝ ÕÜâÞÕÓ ÜéÙèÕêÛÝ ÑÛÜ àÕéÐ ÑØÜäÕß: <br><span dir=ltr>03-7330333</span> ÐÕ ÑÐÞæâÕê ÔÓÕÐ"Ü<br> ÜÛêÕÑê : <BR><A href="mailto:custser@dbisrael.co.il"><span dir=ltr><STRONG><span dir=ltr>custser@dbisrael.co.il</span></STRONG></span></A><span dir=ltr> </span>.<br> <IMG height=20 src="imgs/1x1.gif" width=10 ><BR> ÑÑèÛÔ,<BR> <IMG height=5 src="imgs/1x1.gif" width=10 ><BR>èÐÕÑß çÕÑàØ - ÞàÔÜ ÛÜÜÙ<br> ÕæÕÕê âÕÑÓÙ <span dir=ltr><span dir=ltr>D&amp;B</span><br><BR></P></SPAN></FONT></FONT> </td></tr> </table> <IMG height=10 src="imgs/1x1.gif" width=10 ><BR><!-- <table border=0 cellpadding=0 cellspacing=0 width=190> <tr> <td width="70%" align=right bgcolor=#004d91 style="PADDING-RIGHT: 5px"><font class=titleWhite><B>Ûàá âàäÙ - çÞâÕàÐÕê</SPAN></B></font> </td> <td width="30%" style="BORDER-BOTTOM: #004d91 1pt solid" > <br></td></tr> <tr> <td colspan=2 bgcolor=#ffffff style="BORDER-RIGHT: #004d91 1pt solid; PADDING-RIGHT: 8px; PADDING-LEFT: 8px; BORDER-LEFT: #004d91 1pt solid; BORDER-BOTTOM: #004d91 1pt solid; TEXT-ALIGN: justify" ><BR> <font class=txtBig><B>Ûàá Óß ÐàÓ ÑèÓáØèÙØ Üâàã ÔçÞâÕàÐÕê àâèÚ ÑÑÙê Ðèå ÙéèÐÜ ÔÙäÔ ÑêÜ ÐÑÙÑ</B><BR></font> <BR> <center><BR></center> </font> <center><BR> <div align=left><A href="html/1105art6.html"><B><span dir=ltr> ÜÙÓÙâÔ ÔÞÜÐÔ &gt;&gt; </span></div><BR></B></A></center> <CENTER></CENTER></td></tr></table>--><!-- <IMG height=10 src="imgs/1x1.gif" width=10 ><BR> <table border=0 cellpadding=0 cellspacing=0 width=190> <tr> <td width="70%" align=right bgcolor=#004d91 style="PADDING-RIGHT: 5px"><font class=titleWhite><B></SPAN></B></font> </td> <td width="30%" style="BORDER-BOTTOM: #004d91 1pt solid" > <br></td></tr> <tr> <td colspan=2 bgcolor=#ffffff style="BORDER-RIGHT: #004d91 1pt solid; PADDING-RIGHT: 8px; PADDING-LEFT: 8px; BORDER-LEFT: #004d91 1pt solid; BORDER-BOTTOM: #004d91 1pt solid; TEXT-ALIGN: justify" ><BR> <font class=txtBig><B>äçØÕèÙàÒ  ÔäêèÕß ÔäÙààáÙ ÔÐÕäØÙÞÜÙ ÜÞÙÞÕß ÔÕß ×ÕÖè ÜâáçÙÝ ÑÙàÕàÙÙÝ ÕçØàÙÝ SME's</B><BR></font> <BR> ÔæÕèÚ 'ÑÔÕß ×ÙæÕàÙ' ÑâáçÙÝ ÑÙàÕàÙÙÝ ÕçØàÙÝ<BR> <font size=1>ÞÐê: ÐÑÙ æÕè, ÞàÛ"Ü ÒÜÕÑÜ äçØÕèÙàÒ<BR><BR> <center><img src=imgs/facktor.gif><BR></center> </font> <center><BR> <div align=left><A href="html/0905art3.html"><B><span dir=ltr> ÜÙÓÙâÔ ÔÞÜÐÔ &gt;&gt; </span></div><BR></B></A></center> <CENTER></CENTER></td></tr></table>--> </td></tr> <tr> <td colspan=2 valign=top> <table border=0 cellpadding=0 cellspacing=0 width="100%" dir=rtl> <tr> <td width="50%" align=middle bgcolor=#004d91 ><font class=titleWhite>ÐêèÙÝ àÑ×èÙÝ<BR></font></td> <td width="50%" style="BORDER-BOTTOM: #004d91 1pt solid"><br></td> </tr> <tr> <td colspan=2 bgcolor=#f7eab5 style="BORDER-RIGHT: #004d91 1pt solid; PADDING-RIGHT: 12px; PADDING-LEFT: 12px; BORDER-LEFT: #004d91 1pt solid; BORDER-BOTTOM: #004d91 1pt solid; TEXT-ALIGN: justify" align=middle><IMG height=5 src="imgs/1x1.gif" width=10 ><BR> <table border=0 cellpadding=0 cellspacing=0 bgcolor=#f7eab5> <tr><td width=170 valign=top align=middle><a href="http://www.bankisrael.gov.il/deptdata/pikuah/credit/misgh.htm" target=new ><IMG src="imgs/1205web1.jpg" border=0 ><BR> <B><span dir=ltr>Ñàç ÙéèÐÜ</a></B><BR></SPAN> <font class=txtsmall>ÔÕèÐê ÔäÙçÕ× âÜ ÔÑàçÙÝ ÑàÕéÐ ÞáÒèÕê ÔÐéèÐÙ. àÕá× ÔÔÕèÐÔ, ÔáÑèÙÝ, éÐÜÕê ÕêéÕÑÕê ÕâÕÓ.<br></font></td> <TD width=10><BR></TD> <td width=250 valign=top align=middle><a href="http://www.galil.gov.il/Home/home.asp" target=new ><IMG src="imgs/1205web2.jpg" border=0 ><BR> <span dir=ltr><B>ÔèéÕê ÜäÙêÕ× ÔÒÜÙÜ</a></B><BR></SPAN> <font class=txtsmall>Ðêè ÔèéÕê ÜäÙêÕ× ÔÒÜÙÜ âÕáçê ÔÞÒÕÕß è×Ñ éÜ àÕéÐÙÝ ÜâÙÓÕÓ ÔæÞÙ×Ô ÑÒÜÙÜ, ÑÙß ÔÙêè ÔêÙÙéÑÕê, äÙêÕ× ÛÜÛÜÙ, êéêÙÕê Õ×ÙàÕÚ. ÑÐêè ×ÓéÕê ÕâÙÓÛÕàÙÝ, Þäê ÔÐÖÕè ÕâÕÓ.<br></font></td> <TD width=10><BR></TD> <td width=250 valign=top align=middle><a href="http://www.odonline.co.il/" target=new ><IMG src="imgs/1205web3.jpg" border=0 ><BR> <span dir=ltr><B>âÕ"Ó ÐÕß-ÜÙÙß</a></B><BR></SPAN> <font class=txtsmall><SPAN class=w3><SPAN dir=rtl>Ðêè ÞéäØÙ ÒÓÕÜ ÔÞæÙâ ÞÙÓâ âéÙè ÕÞçÙã ÑÛÜ Ôê×ÕÞÙ ÔÞéäØ, ÙÙâÕå ÐÕàÜÙÙß ×ÙàÝ ÜéÐÜÕê ÕÑâÙÕê, ÔÞÜæÕê ÜâÕèÛÙ ÓÙß ÞÕÞ×ÙÝ ÑÐÖÕè ÔÞÒÕèÙÝ ÕâÕÓ<br></font><BR></SPAN></SPAN></td> </tr></table></SPAN> </td> </tr> </table> </td> <td valign=bottom> <table border=0 cellpadding=0 cellspacing=0> <tr> <td width=200 align=middle bgcolor=#004d91 style="BORDER-RIGHT: #004d91 1pt solid; BORDER-LEFT: #004d91 1pt solid"><font class=titleWhite>ÛêÑÕ ÜàÕ</font> </td> </tr> <tr><td align=right bgcolor=#ffcc00 style="BORDER-RIGHT: #004d91 1pt solid; PADDING-RIGHT: 12px; PADDING-LEFT: 12px; FONT-SIZE: 11px; BORDER-LEFT: #004d91 1pt solid; COLOR: #0e4699; BORDER-BOTTOM: #004d91 1pt solid; FONT-FAMILY: arial; TEXT-ALIGN: justify" ><BR> <B>àéÞ× ÜçÑÜ éÐÜÕê, ÔâèÕê ÐÕ ÔæâÕê ÜéÙäÕè ÜÓÕÐ"Ü<br> <A href="mailto:custser@dbisrael.co.il"><span dir=ltr><span dir=ltr><span dir=ltr>custser@dbisrael.co.il</span></span></span></A><br><BR> Óß ÐàÓ ÑèÓáØèÙØ ÙéèÐÜ Ñâ"Þ<BR></B>ÓèÚ ÔéÜÕÝ <span dir=ltr>53</span> <BR> ÒÑâêÙÙÝ <span dir=ltr>53454</span> <BR> ØÜ : <span dir=ltr>03-7330330</span> <BR> äçá : <span dir=ltr>03-7330340</span> <BR> <a href="http://www.dbisrael.co.il" ><span dir=ltr><span dir=ltr>http://www.dbisrael.co.il</span></span></a><br> <BR> </td></tr></table> </td></tr></table> <BR> <table width=700> <tr><TD align=middle dir=rtl><a href="http://www.dbcredit.co.il/" target=new ><span dir=ltr><STRONG>ÔÞèÛÖ ÔÙéèÐÜÙ ÜàêÕàÙ ÐéèÐÙ æèÛàÙ</STRONG></span></a>&nbsp;&nbsp;&nbsp;&nbsp; <a href="http://www.dbisrael.co.il/uinfo.asp?show=profile.asp" target=new ><span dir=ltr><STRONG>ÐÕÓÕê Óß ÐàÓ ÑèÓáØèÙØ</STRONG></span></a>&nbsp;&nbsp;&nbsp;&nbsp; <a href="http://www.dbisrael.co.il/uinfo.asp?show=products.asp" target=new ><span dir=ltr><STRONG>ÞÕæèÙÝ ÕéÙèÕêÙÝ</STRONG></span></a>&nbsp;&nbsp;&nbsp;&nbsp; <A href="mailto:custser@dbisrael.co.il&amp;subject=ÐÑçé ÜÔáÙè ÐÕêÙ ÞèéÙÞê ÔêäÕæÔ éÜ âÙêÕß ÖÔ" ><span dir=ltr><STRONG>ÔáèÔ ÞèéÙÞê ÔêäÕæÔ</STRONG></span></A></SPAN></TD></tr> <tr><td align=middle dir=rtl><font class=txtsmall>ÛÜ ÔÖÛÕÙÕê éÞÕèÕê <span dir=ltr>2005</span> ÜÓß ÐàÓ ÑèÓáØèÙØ (ÙéèÐÜ) Ñâ"Þ ©</NOBR><BR></font></td></tr> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV> <DIV></DIV></div> </BODY> </HTML>