Further to the reports of Koor Industries Ltd. ("the Company") relating to its investment in the shares of Credit Suisse Group AG ("Credit Suisse"), and to certain details concerning Credit Suisse included in the Company's prospectus of 29 May, 2008 and in earlier reports of the Company concerning Credit Suisse, please find attached a copy of the Media Release published today on the website of Credit Suisse. After publication of an official report to the US Securities and Exchange Commission (SEC) on the above notice, the Company will publish a report that will include a convenience translation of the notice into Hebrew.