Elbit Imaging Announces Filing of Mutual Request to Dismiss Motion to Approve Derivative Claim

Elbit Imaging Ltd.

 announced today, further to the announcement dated September 25, 2015, with respect to the filing of a Motion for approval of a derivative claim against the Company and its directors (the "Motion" and the "Derivative claim," respectively) that mutual request to dismiss the Motion has been submitted to the court upon both sides consent. Both the applicant and the respondents have agreed to avoid taking any further legal procedures with respect to any actions taken as part of the Company and its subsidiaries' activity. The Motion dismissal is subject to the court decision. About Elbit Imaging Ltd. Elbit Imaging Ltd. operates in the following principal fields of business: (i) Commercial centers - initiation, construction, and sale of commercial centers and other mixed-use property projects, predominantly in the retail sector, located in Central and Eastern Europe. In certain circumstances and depending on market conditions, the Group operates and manages commercial centers prior to their sale. (ii)  Hotels - hotels operation and management. (iii) Medical industries and devices - (a) research and development, production and marketing of