TNP Technoplast

RNS Number:6068Y
Technoplast Industries Ld
12 May 2004


                                                     R. YOHAY & CO., LAW OFFICES

                                  TOP  TOWER,  50, DIZENGOFF ST., TEL AVIV 64332
                FAX: 525-03 39 83  e-mail: ryohay@ryylaw.com   TEL: 525-03 39 72      


                                                             ROBERT YOHAY
                                                             GILL RIMON
                                                             EYNAT BRETSHNAIDER


Tel Aviv, 11 May 2004

The London Stock Exchange
Company Announcements Section
Fax: 44-207-5886057


Dear Sir,

      RE:       Technoplast Industries Ltd - Immediate report - Amendment

Amendment to the immediate report pursuant to the Securities Regulations,
(private offer of securities of a listed company) 5760-2000 (hereinafter: "the
Regulations"), concerning a private offer of 8,131,053 option warrants
realizable into 8,131,053 of the Company's ordinary shares.

Technoplast Industries Ltd. (hereinafter "the Company") announced, to the Israel
Securities Authority (ISA) and to the Tel Aviv Stock Exchange (TASE), of an
amendment to the immediate report published by the Company pursuant to the
Regulations, on 6 May 2004 (hereinafter: "the Report"), as follows:

In the last paragraph of article 3.10 of the Report the Company stated that "The
information regarding the offerees' holdings as set forth herein is based on
information held by the Company at the time of the publishing of this immediate
report. The Company shall publish updated information regarding the said
holdings as soon as the Company receives such updated information."

Subsequent to the publication of the Report, the Company received updated
information with respect to the offerees' holdings of the Company's shares.
According to the updated information, the figures stated in the Report with
respect to the all of the offerees' holdings, with the exclusion of Bank Leumi
Le-Israel Ltd., were accurate.

At the time of the publication of the Report, Bank Leumi Le-Israel Ltd. held
71,151 of the Company's shares and not 542,173 shares as stated in the Report,
therefore the first paragraph of article 3.10 of the Report should be replaced
by the following:

"3.10     Bank Leumi Le-Israel Ltd. shall hold 2.71% of the equity and voting
          rights in the Company on a fully diluted basis immediately after the 
          allotment of shares to Kidron and Michael and Sigal Suzs pursuant to 
          the immediate report published by the company on 30 November 2003, 
          including 71,151 of the Company's shares held by Bank Leumi Le-Israel 
          Ltd. at present."

                                Yours Sincerely,

                                Gill Rimon, Adv.
                          R. Yohay & Co., Law Offices


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