Company Jerusalem Economy Ltd TEL AVIV STOCK EXCHANGE

Jerusalem Economy Ltd is an Israel-based real estate and development company. The Company, together with its subsidiaries, focus on the acquisition, development, management and rental of real estate in Israel and abroad, primarily in the industrial, commercial, technology and office sectors. Jerusalem Economy Ltd also invests in developing real estate projects in developing countries. The Company's subsidiaries are: Industrial Buildings Corporation Ltd, engaged in the development and building of projects in the residential, industrial, technology, storage and commercial sectors in Israel and abroad; MirLand Development, involved in the development and management of real estate projects throughout Russia, and Darban Investments, a wholly owned subsidiary of the company.