| Notice of Interest/Change in Interest | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | SARIN TECHNOLOGIES LTD |
| Company Registration No. | 51 1332207 (Israel Registration Number) |
| Announcement submitted on behalf of | SARIN TECHNOLOGIES LTD |
| Announcement is submitted with respect to * | SARIN TECHNOLOGIES LTD |
| Announcement is submitted by * | Amir J. Zolty |
| Designation * | Company Secretary |
| Date & Time of Broacast | 22-Feb-2009 01:16:48 |
| Announcement No. | 00001 |
| Price Sensitivity | Yes |
| >> Announcement Details | |
| The details of the announcement start here ... |
| >> Part I | |
| 1. Date of notice to issuer * | 19/02/2009 |
| 2. Name of Substantial Shareholder * | Please See Appendix A |
| 3. Please tick one or more appropriate box(es): * | |
| - Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV] | |
| >> Part II | |
| 1. Date of change of [Select Option] | |
| 2. Name of Registered Holder | |
| 3. Circumstance(s) giving rise to the interest or change in interest | |
| # Please specify details | |
| 4. Information relating to shares held in the name of the Registered Holder | |
| No. of N.A. held before the change | |
| As a percentage of issued share capital | |
| No. of N.A. which are subject of this notice | |
| As a percentage of issued share capital | |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received | |
| No. of N.A. held after the change | |
| As a percentage of issued share capital | |
| >> Part III | |
| 1. Date of change of Shareholding | 10/12/2008 |
| 2. The change in the percentage level | From 7.37 % to 4.856 % |
| 3. Circumstance(s) giving rise to the interest or change in interest | Sales in Open Market at Own Discretion |
| # Please specify details | See Footnotes |
| 4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions | The change is a result of a series of transactions |
| >> Part IV | ||
| 1. Holdings of Substantial Shareholder, including direct and deemed interest: | ||
| Direct | Deemed | |
| No. of shares held before the change | 0 | 19,219,000 |
| As a percentage of issued share capital | 0 % | 7.37 % |
| No. of shares held after the change | 0 | 12,661,000 |
| As a percentage of issued share capital | 0 % | 4.856 % |
| Footnotes | The Notice of a Substantial Shareholder's Interest which was received by the Company refres to a series of changes: (a) From 7.175% to 6.832% on 20 October 2008; (b) from 6.013% to 5,967% on 6 November 2008; (c) from 5.311% to 4.856% on 10 December 2008. As the Number of shares held by the Substantial Shareholder on 20 October 2008 was not provided to the Company, we used the last number reported to the Company - as of 24 May 2007. |
| Attachment(s) | 20090222_011648_U77_EE95547D4847526A4825756400595C0E.1.pdf |
