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Electra Ltd

~~Electra Ltd. ( the Company) is honored to announce that the financing agreement the subject of the said report, was signed between the financing institutions and Electra Investments (1998) Ltd. (Hereinafter:  “Electra Investments”), a subsidiary of the Company and its partners at Migdal Electra, under the conditions as they were reported, with the exception that in the final version of the agreement that was signed, the partnership that holds Migdal Electra is required to sustain a  LTV ration less than 76% .