Immediate Report


 

TIDM80OA 
 
RNS Number : 2517Q 
Bank Hapoalim B.M. 
07 April 2009 
 

Head Office 
63 Yehuda Halevi St., Bank Hapoalim Bldg., Tel Aviv 65781 
Tel: 03-5673800; Fax: 03-5674576 
 
 
 
 
Date: 06/04/2009 
 
 
 
 
To    :The London Stock Exchange 
 
 
 
 
 
 
Dear Sirs, 
 
 
Re:  Immediate Report 
 
 
Bank Hapoalim B.M. (hereinafter: "the Bank") is pleased to advise, further to an 
immediate report of 3rd March, 2009 (Reference 049626-01-2009), that "Standard & 
Poors Ma'alot" announced on 5th April, 2009 that it had decided to remove the 
subordinated capital notes issued by the Bank, one part of which is recognized 
by the Supervisor of Banks as being hybrid Tier I capital and the other part as 
upper Tier II capital, from a negative watch list (CW Negative). 
 
 
The rating of these subordinated capital notes has not been changed. 
 
 
 
 
 
 
 
 
 
 
Yours faithfully, 
Bank Hapoalim B.M. 
 
 
+-------------------------------+-------+--------------------------+ 
|             ( - )             |       |          ( - )           | 
+-------------------------------+-------+--------------------------+ 
|        Mario Szuszan          |       |     Yoram Weissbrem      | 
|    Senior Deputy Managing     |       |  Secretary of the Bank   | 
|           Director            |       |                          | 
+-------------------------------+-------+--------------------------+ 
 
 
 
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            The company news service from the London Stock Exchange 
   END 
 
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