Optibase Reports Q4 EPS of $.05

Optibase Ltd.

today announced financial results for the fourth quarter ended December 31, 2010. Revenues from fixed income real estate totaled $447,000 for the quarter ended December 31, 2010, compared with $400,000 for the previous quarter. Net loss for the quarter ended December 31, 2010 was $806,000 or $0.05 per basic and fully diluted share, compared with a net income of $5.9 million or $0.36 per basic and diluted share for the third quarter of 2010. This quarter results include $600,000 of other loss from the impairment of the Company's investment in Mobixell Networks.