Koor Industries Files its 2006 Annual Report on Form 20-F

TEL AVIV, Israel, June 17 /PRNewswire-FirstCall/ -- Koor Industries Ltd. , has filed its Annual Report on Form 20-F for the fiscal year 2006 (the "Form 20-F") with the United States Securities and Exchange Commission.

The Form 20-F is also posted on the company's website, http://www.koor.com/ in the "Investor Relations" section under "Financial Reports." Hard copies of the Form 20-F, which includes the company's complete audited financial statements, may be obtained free of charge to shareholders upon request.

About Koor Industries

Koor Industries is a leading Israeli holding company, focusing on high- growth, internationally-oriented, Israeli companies. Koor actively invests in agrochemicals through Makhteshim Agan Industries; in telecommunications through its holdings in ECI Telecom, ECTel and Telrad Networks; and in venture capital through Koor Corporate Venture Capital. Koor's ADSs (American Depositary Shares) are traded on the New York Stock Exchange and Koor's Ordinary Shares are traded on the Tel Aviv Stock Exchange .

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.

Company Contact IR Contacts Oren Hillinger, Finance Director Ehud Helft / Kenny Green Koor Industries Ltd. GK Investor Relations Tel: [phone] Tel: [phone] - 6710 Fax: [phone] Fax: [phone] - [e-mail]