31/12/07 Shares purchase by holder of control

 
Tescom Software Systems Testing Ltd. (the "Company")

31 December 2007

The Company was notified on 30 December 2007 that, following the purchase on 27 December 2007 of 85,404 ordinary shares of NIS 0.01 fully paid with voting rights (“Ordinary Shares”) at a weighted average price of NIS 370.0 per share, Ofer Albeck, the Company's Chief Executive Officer and the holder of control in the Company, now has an interest in 6,951,462 Ordinary Shares, which represents 44.13% of the issued ordinary share capital of the Company of 15,753,673 Ordinary Shares.

The total issued share capital of the Company is 16,183,324 Ordinary Shares, including 429,651 Ordinary Shares that are held in treasury.

Enquiries:

Tescom

Philip Serlin, VP Finance +972 3 535 0990

Ravit Halevy, VP Corporate Development +972 3 535 0990