Further to the previous reports of Koor Industries Ltd. ("the Company") relating to its investment in shares of Credit Suisse Group AG ("Credit Suisse"), the Company herewith repots that this morning, Credit Suisse published financial statements for the first quarter of 2009. These quarterly financial statements of Credit Suisse, which were published in English, can be seen at http://www.credit-suisse.com/investors/en/reports/2009_results_q1.jsp, and the press release published by Credit Suisse concerning the results of the first quarter of 2009, also published in English, is attached to this report in a separate file. A convenience translation into Hebrew of the press release, as will be reported by Credit Suisse on Form 6K to the SEC, will be published by the Company.