Holding(s) in Company

Orad Hi-Tec Systems 17 December 2007 Orad Hi-TecSystems Ltd ('Orad' or the 'Company') Holdings in Company Orad Hi-Tec Systems Ltd (Symbol: OHT) announces today a transaction in the Company's shares. ISMM AG ('ISMM'), informed the Company today of a share sale agreement entered into during mid November under which ISMM sold all of its shareholding in Orad in an off-market transaction as part of the liquidation of its assets. ISMM has sold 2,439,388 ordinary shares of NIS 0.01 ('Ordinary Shares') at a price of Euro1.85 per share to the Edmond de Rothschild Israel Opportunity Fund LP ('Rothschild') and to the New York based Cohanzick Management fund ('Cohanzick'). Rothschild bought 1,459,459 Ordinary Shares representing approximately 13.49% of the Ordinary Share capital of the Company (being 12.7% on a fully diluted basis). Cohanzick, through three different managed funds, bought 979,929 Ordinary Shares representing approximately 9.06% of the Ordinary Share capital (and 8.52% on a fully diluted basis). The Company welcomes the new investors and the contribution that they can make to the long-term growth of the company. For further information please contact: ORAD Hi-Tec Systems Ltd (www.orad.tv) +972 9 7676 862 Ehud Ben-Yair, CFO Shore Capital - Nominated Adviser to Orad Graham Shore, London, UK +44 20 7408 4090 Edicto - Investor Relations +49 608494859-1 Dr. Sonke Knop, Frankfurt Germany This information is provided by RNS The company news service from the London Stock Exchange
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