ROSH HA`AYIN, Israel, May 17 /PRNewswire-FirstCall/ -- Koor Industries Ltd. (NYSE:KOR) ("Koor", "the Company"), a leading Israeli investment holding company, announced today that it will hold a conference call to discuss its results for the first quarter 2006, on Wednesday, May 24, 2006 at 10:00 am Eastern time / 5:00 pm local time. To participate in the live call please dial one of the following numbers: United States 1-866-860-9642 Canada 1-866-485-2399 UK 0-800-917-5108 Israel 03-918-0600 A replay of the call will be available from 3:00 pm Eastern time / 10:00 pm local time on Wednesday, May 24, 2006 by dialing one of the following numbers. United States and Canada 1-866-276-1002 Israel and other International +972-(0)-3-925-5929 The replay of the call will be available till June 23, 2006. Koor Industries' first quarter 2006 earnings press release and financial statements will be available on the Company's website - http://www.koor.com/, from 2:00 am Eastern time, May 24, 2006 (09:00 am Israel local time). To receive a copy of the press release email or fax a request to +972-3-9008-313. About Koor Koor Industries is a leading investment holding company, focusing on high-growth, internationally-oriented, Israeli companies. Koor actively invests in telecommunications and technology through its holdings in ECI Telecom (NASDAQ:ECIL), Telrad Networks, ECTel (NASDAQ:ECTX) and Scopus Video Networks (NASDAQ:SCOP); in agrochemicals through Makhteshim Agan Industries (TASE:MAIN); in defense electronics through the Elbit Systems (NASDAQ:ESLT); and in promising start-ups through Koor Corporate Venture Capital. Koor's ADSs (American Depositary Shares) are traded on the New York Stock Exchange (NYSE:KOR) and Koor's ordinary shares are traded on the Tel Aviv Stock Exchange (TASE:KOR). For additional information on Koor Industries please access our website http://www.koor.com/ For further information, please contact: Fiona Darmon Vice President Investor Relations Koor Industries Ltd. Tel. +972-3-9008-417 Forward looking statements in this release involve a number of risks and uncertainties including, but not limited to, international market conditions, domestic political factors, technological developments, ability to finance operations, and other factors which are detailed in the Company's SEC filings. DATASOURCE: Koor Industries Ltd. CONTACT: For further information, please contact: Fiona Darmon, Vice President Investor Relations, Koor Industries Ltd., Tel. +972-3-9008-417

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