Metal-Tech announces that the annual general meeting of the Company (the "AGM") is  to be held at 10.00 a.m. on Wednesday, 21 December 2011 at Adelaide House, London  Bridge, London, EC4R 9HA, England. A circular to shareholders, which includes the  notice of the AGM, has been posted today and will shortly be available on the  Company's website (www.metal-tech.co.il).

The business to be conducted at the AGM will be to consider and, if thought fit, pass  resolutions:
  • to receive the audited financial statements of the Company for the year ended 31 December 2010
  • to re-appoint Kost Forer Gabbay & Kasierer (a member of Ernst & Young Global) as the auditors of the Company to hold office until the conclusion of the next general meeting of the Company at which audited financial statements are laid
  • to authorise the directors of the Company to fix the remuneration of the auditors of the Company
  • to re-appoint Mr Peter Syme as a director of the Company who retires from office as a director in accordance with Article 47 of the Company's Articles of Association (the "Articles") and, being eligible, offers himself for re-appointment
  • to ratify and approve the entry into an agreement extending the employment agreement between the Company and Mr Ariel (Aik) Rosenberg on the same terms until 30 October 2012, a copy of which is produced to the meeting and initialled for the purposes of identification by the chairman of the meeting, be and is hereby approved
to ratify and approve the entry into an agreement extending the indemnification agreement between the Company and Mr Ariel (Aik) Rosenberg on the same terms until 30 October 2012, a copy of which is produced to the meeting and initialled for the purposes of identification by the chairman of the meeting, be and is hereby approved

Enquiries:

Metal-Tech Ltd. +972 544 215454
Ariel (Aik) Rosenberg

Panmure Gordon +44 20 7459 3600
Aubrey Powell / Abhishek Majumdar
Hannah Woodley / Charles Leigh-Pemberton

Luther Pendragon +44 20 7618 9100
Harry Chathli, Alexis Gore