AL05 Citi Fun 24

    

Hapoalim International N.V.


RE: HAPOALIM INTERNATIONAL NV
    EUR 360,000.00
    MATURING: 09-Mar-2009
    ISSUE DATE: 07-Mar-2002
    ISIN: XS0142504926

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
07-Mar-2007 TO 07-Jun-2007 HAS BEEN FIXED AT 4.560000 PCT

DAY BASIS 92/360

INTEREST PAYABLE VALUE 07-Jun-2007 WILL AMOUNT TO:
EUR 116.53 PER EUR 10,000.00 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855 OR FAX: 44 20 7508 3881

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