Elbit Medical Imaging Ltd. Announces Agreement For Additional Private Issuances Of Series A Debentures In Israel

TEL AVIV, Israel, June 12 /PRNewswire-FirstCall/ -- Elbit Medical Imaging Ltd. ("EMI") (Nasdaq: EMITF - News), announced today that on June 11, 2006 it had agreed with Israeli investors to issue approximately NIS 68 million aggregate principal amount of unsecured non-convertible Series A Debentures to investors in Israel. Such debentures would be in addition to the NIS 400 million in principal amount of Series A Debentures and NIS 59 million in principal amount of Series B Debentures, which were issued to Israeli investors in Israel during February and March 2006. It is expected that the issuance of the new debentures will be completed today, June 12, 2006.
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