Metis Capital Ltd.
Metis Capital Ltd.: No agreement on sale of Japanauto
Metis Capital Ltd. / Disposal Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Tel Aviv/ Israel; November 4, 2008 – Metis Capital Ltd. (Prime Standard: EIC; TASE: MTSC) announces, further to the report dated August 28th, 2008, that the Company and Granite Hacarmel Investments Ltd. have not been able to reach any understanding between them concerning the terms of the deal involving the acquisition of the Company's holdings in Japanauto Ltd. and in G. T. Spare Parts Trading Ltd. The parties are currently looking into a transaction that is to proceed with a different plan of action, and this without any obligation on the part of Metis Capital Ltd. to not conduct negotiations with other entities. Contact: Metis Capital Ltd. Ilan Engel, CFO Phone: +972-3-537 3000 E-mail: investor@metis-capital.com Janina Wismar Investor Relations Phone: +49-40-60918650 E-mail: janina.wismar@kirchhoff.de 04.11.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Metis Capital Ltd. 30 Hamasger Street 61090 Tel-Aviv Israel Phone: +972 (03) 537-3000 Fax: +972 (03) 537-4000 E-mail: investor@metis-capital.com Internet: www.metis-capital.com ISIN: IL0003570129 WKN: 936734 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
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