b8893caf-e29f-4df5-8806-2f228a60c42f.pdf



Ramat Gan, November 3 2015


To: To:


The Securities Authority The Tel Aviv Stock Exchange Ltd.


Via MAGNA Via MAGNA


Re: Immediate report on Signing an Addendum to an Agreement with a Foreign Bank on the Extension of a Repayment Date


We hereby bring to your attention that yesterday evening, an amendment was signed to the agreement with Bank of America according to which the repayment date of a loan granted to the Company in the sum of 50 million Swiss francs has been extended by one year to October 3 2018, with no changes to the remaining terms of the loan.


For a description of the loan we refer to Note 10.b.(3) to the Financial Statements for the year ending December 31 20147 published by the Company as part of its period report for 2014 (ref. no. 2015-01- 058891).


Respectfully,


Alony Hetz Properties and Investments Ltd. By: Nathan Hetz, CEO

Moti Barzilay, Executive Vice President of Business Development

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