Amos Luzon Development and Energy Group Ltd authorizes a Buyback Plan.

Amos Luzon Development and Energy Group Ltd, formerly U Dori Group Ltd, is an Israel-based construction company. The Company and its subsidiaries are engaged in a spectrum of real estate development and construction activities. It is also involved in the Energy infrastructure field. The Company operates as a promoter and entrepreneur of projects, from residential projects through office and commercial projects involving land purchase, development, construction, landscaping, environmental planning and the implementation of every category of infrastructure. Dori Global is the international real-estate division of the Group. Since 2000, Dori Global has been initiating and developing residential projects in Eastern Europe, and during its first years focused on Poland through its subsidiary, Ronson. Dori Global expanded its activities to additional countries such as Ukraine, Bulgaria and Slovakia.