Brokerage

Bank Leumi offers wide-ranging brokerage, research  and execution solutions in the Israeli market. Leumi has been a member of the Tel Aviv Stock Exchange since its inception in 1953. Leumi is committed to providing its clients with the flow, pricing and execution to create the added value that only a market leader can provide.

Leumi's domestic market dealing room is comprised of six dedicated and specialized desks:

• Equities
• Bonds
• Derivatives
• Middle Market Corporations
• Securities Lending
• Research

Leumi offers a DMA connection to the TASE through its membership on either a direct FIX connection or through all major FIX networks. Latency and flexibility are key in servicing your DMA needs where the trading desk will provide color and flow to complete the coverage.

Leumi's trading room enjoys some of the largest deal flows of all exchange members and brokers in Israel. Over 10% of the daily volume on the TASE is traded through Leumi. Bank Leumi possesses the capabilities to provide its clients with the liquidity, flow and pricing that institutional clients seek.

Sales-traders and analysts who specialize in catering to the specific needs of foreign investors act as your gateway to the local market.

As Bank Leumi and its related entities do not engage in asset management, our team's sole focus is to maximize the value for our clients, while maintaining complete objectivity and discretion.

Leumi's Israeli securities lending capabilities are exceptional in the domestic market. Managing the largest inventory of Israeli securities allows Leumi to meet its institutional clients' specific lending and borrowing needs.

Bank Leumi's research department offers the most comprehensive coverage of the Israeli market. Leumi's senior economist provides on-going top-down analysis of the local economy, while the fixed-income analyst covers the Israeli bond market. On the equity side, Leumi's research covers most of the companies in the TA 100 index, and offers English-language research. The team is comprised of six senior analysts, and provides a local perspective for investors in the Israeli market using both a top down and bottom up approach.

As Israel's leading bank in capital market services, Leumi is also able to offer its clients with custody and cash management services, as well as facilitating their FX needs.

For further information please contact:

Daniel Rapoport

Head of Equities & Derivatives

Tel: +972 3 511 2606

Mobile: +972 50 651 9598

E-Mail: daniel.rapoport@bankleumi.co.il OR IS@bankleumi.co.il

The above mentioned information is correct as of January 1, 2011 and may be subject to change from time to time. This website and all information and functionality contained within it, including advisory and brokerage services, are not directed at or intended for use in the US or by any US Person, as defined in Regulation S under the US Securities Act.