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Pastimes : Home on the range where the buffalo roam

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To: D.B. Cooper who wrote (12546)3/18/2004 8:24:46 PM
From: D.B. Cooper  Read Replies (1) of 13815
 
Press Release Source: Given Imaging Ltd.

Given Imaging Shares to Trade on the Tel Aviv Stock Exchange in Addition to Nasdaq
Thursday March 18, 4:30 pm ET

YOQNEAM, Israel, March 18 /PRNewswire-FirstCall/ -- Given Imaging Ltd. (Nasdaq: GIVN - News) today announced that its shares were approved for listing on the Tel Aviv Stock Exchange (TASE). Trading of the company's shares on the TASE is expected to begin on March 25, 2004. The listing on TASE is in addition to the listing on the Nasdaq National Market where Given Imaging shares trade under the symbol "GIVN."
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"We believe that this step may increase the Company's overall trading volume, enable it to expand and diversify the Company's shareholder base, and may make it easier for Israeli investors to purchase shares of the Company while offering European investors a means of investing in the Company during their trading day," said Gavriel D. Meron, President and Chief Executive Officer of Given Imaging.

"We are very pleased by Given Imaging's decision to also list its shares for trade on our exchange," said Saul Bronfeld, Managing Director of the TASE. "The interest and exposure Given Imaging has within the investment community in Israel makes the TASE a natural market for its shares. Based on the company's current market cap relative to other TASE companies, Given Imaging can be expected to enter the Tel-Aviv 25 index in May 2004. Experience with other companies showed that inclusion in the index significantly increased trading volumes."

Given Imaging maintains its corporate headquarters in Israel, together with its research and development, production and regulatory affairs operations
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