RVB Holdings Ltd. announced that its Chief Executive Officer, Mr. Giora Gutman, has notified the company on July 25, 2013, that he has decided to terminate his services agreement with the company and with E.E.R. Environmental Energy Resources (Israel) Ltd. as the company's and EER's CEO. In accordance with Mr. Gutman's services agreement with the company and EER, he may terminate his services as CEO upon three months prior notice.