RNS Number:2412B
Gilat Satcom Limited
31 July 2007


                                Gilat Satcom Ltd
                           ("Gilat" or "the Company")

                               Holding in Company

The Company was informed on 29 July 2007 that Satcom Systems Ltd purchased
15,000 ordinary shares on 27 July 2007 at a price of 40 pence per share and now
holds a total interest of 14,691,439 shares representing approximately 83.1% of
the current issued share capital of Gilat.



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