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Elbit Imaging Ltd. Announces Election of New Board Members of Plaza Centers

July 13, 2014

TEL AVIV, Israel, July 13, 2014 /PRNewswire/ –

Elbit Imaging Ltd. (TASE, NASDAQ: EMITF) (“Elbit” or the “Company”) announced today,
that Plaza Centers N.V. (“Plaza”), a public company listed on the London Stock Exchange
and the Warsaw Stock Exchange in which the Company holds directly and indirectly
approximately 62.5% of the outstanding shares, announced following its Annual General
Meeting held on July 8, 2014, that the following individuals shall be appointed to its
board of directors with immediate effect: Mr. Ron Hadassi, Mr. David Dekel, Mr. Shlomi
Kelsi, Mr. Yoav Kfir, Mr. Nadav Livni. The newly appointed directors of Plaza will join
Messrs Marco Habib Wichers and Sarig Shalhav to form a board of directors comprising seven
members.

About Elbit Imaging Ltd.

Elbit Imaging Ltd. operates in the following principal fields of business: (i)
Commercial and Entertainment Centers – Initiation, construction and sale of shopping and
entertainment centers and other mixed-use real property projects, predominantly in the
retail sector, located in Central and Eastern Europe and in India, primarily through its
subsidiary Plaza Centers N.V. In certain circumstances and depending on market conditions,
we operate and manage commercial and entertainment centers prior to their sale; (ii)
Hotels – Hotel operation and management; (iii) Medical Industries – (a) research and
development, production and marketing of magnetic resonance imaging guided focused
ultrasound treatment equipment and (b) development of stem cell population expansion
technologies and stem cell therapy products for transplantation and regenerative medicine;
(iv) Residential Projects – Initiation, construction and sale of residential projects and
other mixed-use real property projects, predominately residential, located primarily in
India; (v) Fashion Apparel – Distribution and marketing of fashion apparel and accessories
in Israel.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Any forward-looking statements in our releases include statements regarding the
intent, belief or current expectations of Elbit Imaging Ltd. and our management about our
business, financial condition, results of operations, and its relationship with its
employees and the condition of our properties. Words such as “believe,” “would,”
“expect,”"intend,”"estimate” and similar expressions are intended to identify
forward-looking statements but are not the exclusive means of identifying such statements.
Actual results may differ materially from those projected, expressed or implied in the
forward-looking statements as a result of various factors including, without limitation,
the failure of the Rights Offering to receive requisite regulatory approvals, the factors
set forth in our filings with the Securities and Exchange Commission including, without
limitation, Item 3.D of our annual report on Form 20-F for the fiscal year ended December
31, 2013, under the caption “Risk Factors.” Any forward-looking statements contained in
our releases speak only as of the date of such release, and we caution existing and
prospective investors not to place undue reliance on such statements. Such forward-looking
statements do not purport to be predictions of future events or circumstances, and
therefore, there can be no assurance that any forward-looking statement contained our
releases will prove to be accurate. We undertake no obligation to update or revise any
forward-looking statements.

For Further Information:

        Company Contact:
        Ron Hadassi
        Chairman of the Board of Directors
        Tel: +972-3-608-6048
        Fax: +972-3-608-6050
        ron@elbitimaging.com

SOURCE Elbit Imaging Ltd.


Source: PR Newswire



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