Elbit Imaging Announces Court-Appointed Expert CPA

Elbit Imaging

announced today that the Tel Aviv District Court appointed Mr. Ron Alroy, CPA, as an expert following a petition filed by the Trustees of the Company's outstanding Series C, D, E, F and Series 1 Notes, with respect to the negotiations regarding a restructuring of the debt of the Company as announced by the Company on February 27, 2013. About Elbit Imaging Ltd. Elbit Imaging Ltd. operates in the following principal fields of business: (i) Commercial and Entertainment Centers - Initiation, construction and sale of shopping and entertainment centers and other mixed-use real property projects, predominantly in the retail sector, located in Central and Eastern Europe and in India, primarily through its subsidiary Plaza Centers N.V. In certain circumstances and depending on market conditions, we operate and manage commercial and entertainment centers prior to their sale; (ii) U.S. Real Property - Investment in commercial real property in the United States; (iii) Hotels - Hotel operation and management; (iv) Medical Industries - (a) research and development, production and marketing of magnetic resonance imaging guided focused ultrasound treatment equipment and (b) development of stem cell population expansion