Immediate Report
07 April 2009 - 5:03PM
UK Regulatory
TIDM80OA
RNS Number : 2517Q
Bank Hapoalim B.M.
07 April 2009
Head Office
63 Yehuda Halevi St., Bank Hapoalim Bldg., Tel Aviv 65781
Tel: 03-5673800; Fax: 03-5674576
Date: 06/04/2009
To :The London Stock Exchange
Dear Sirs,
Re: Immediate Report
Bank Hapoalim B.M. (hereinafter: "the Bank") is pleased to advise, further to an
immediate report of 3rd March, 2009 (Reference 049626-01-2009), that "Standard &
Poors Ma'alot" announced on 5th April, 2009 that it had decided to remove the
subordinated capital notes issued by the Bank, one part of which is recognized
by the Supervisor of Banks as being hybrid Tier I capital and the other part as
upper Tier II capital, from a negative watch list (CW Negative).
The rating of these subordinated capital notes has not been changed.
Yours faithfully,
Bank Hapoalim B.M.
+-------------------------------+-------+--------------------------+
| ( - ) | | ( - ) |
+-------------------------------+-------+--------------------------+
| Mario Szuszan | | Yoram Weissbrem |
| Senior Deputy Managing | | Secretary of the Bank |
| Director | | |
+-------------------------------+-------+--------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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