Shikun & Binui Subsidiary Signs Agreement to Sell Land in Netanya

August 18th, 2009 RAMAT GAN, Israel - - Quarterly net Income Increase 7% to NIS 41 Million; Gross Profit up 22% to NIS 219 Million; Gross Margin up to 19.5% From 16.3% Last Year; Operating Cash Flow of NIS 40 Million in Second Quarter 2009 Shikun & Binui Ltd. (TASE: SKBN.TA) ("Shikun & Binui" or the "Company"), a member of the Arison Group and Israel's leading infrastructure and real estate company, announced today its results for the three and six month periods ended June 30, 2009.

August 13th, 2009 ALZENAU, Germany - NUKEM GmbH, Alzenau, has signed a contract to sell its subsidiary company NUKEM Technologies GmbH to the Russian Atomstroyexport. NUKEM Technologies is active worldwide in engineering, management of radioactive waste and decommissioning nuclear facilities, and with these activities is an outstanding match for the portfolio of Atomstroyexport.

July 29th, 2009 RAMAT GAN, Israel - Shikun & Binui Ltd. (TASE: SKBN.TA) ("Shikun & Binui" or the "Company"), a member of the Arison Group and Israel's leading infrastructure and real estate company, has announced that on July 27, 2009 the Company's Board of Directors resolved to recommend the distribution of a cash dividend to the amount of NIS 100 million ("Dividend").

July 28th, 2009 VANCOUVER, Canada - TimberWest Forest Corp. ("TimberWest") announced today that it intends to divest up to four discrete timberland properties located on Vancouver Island in the Province of British Columbia, Canada.

June 3rd, 2009 LONDON - The FTSE's positive momentum will not be maintained and any move below 4,300 could spark a substantial sell-off - and the market may not have to wait too long before it happens, says David Jones, Chief Market Strategist at spread betting company IG Index. In today's Charts of the Week programme on www.cantos.com, David says that while the market has staged an impressive rally since coming off March lows, he's not convinced this can be sustained.

May 25th, 2009 RAMAT GAN, Israel - Net Income Up 18% to NIS 87 Million; Quarterly Revenues Up 21% to NIS 1.2 Billion; Operating Cash Flow Reaches NIS 112.5 Million Shikun & Binui Ltd. (TASE: SKBN.TA) ("Shikun & Binui" or the "Company"), a member of the Arison Group and Israel's leading infrastructure and real estate company, announced today its results for the three month period ended March 31, 2009.

May 20th, 2009 LONDON - British Land, the UK property investment company, today announced its preliminary results for the year to 31 March 2009. In a video interview new CEO Chris Grigg described the results as "resilient".

May 12th, 2009 LONDON - Land Securities, the UK commercial property group, today announced prelminary results for the year ended 31 March 2009. In a video interview Land Securities Group Chief Executive Francis Salway said: "We recognise that this has been the year when there's been the sharpest falls in value on record for UK commercial property, and we've not been immune to that.

March 29th, 2009 WALL TOWNSHIP, New Jersey - Coates International, Ltd. "The Company" (OTC Bulletin Board: COTE) is pleased to announce that on March 24, 2009 the Company signed an agreement with the Executive Director, Secretary of Commerce of the State of Oklahoma for a cash incentive package of $787,526,057 US Dollars for setting-up the Coates International Manufacturing and Production Operations and for the creation of new quality jobs in that state.

March 10th, 2009 TEL AVIV, Israel - The Value of the First Phase of the Project is More Than 150 Million Dollars - Ofer Bloch, President & CEO: "This agreement, implemented during a global financial crisis, indicates that there is still an incentive to invest in mega agricultural projects using advanced technology" Netafim, a global leader in providing smart water solutions for agriculture, concluded an agreement with Etanalc, pursuant to which Netafim will be the sole provider of irrigation equipment and related services for the world's largest drip irrigation project. The project includes production of both Ethanol and electricity from cultivation of sugar cane.

July 1st, 2009 KOLKATA - Despite the current uncertainty in the global steel industry, Japan's Kobe Steel has set up a subsidiary here to market machinery and related equipment, a senior company official said. "We planned this project two years back.

September 21st, 2009 Education Management to sell 20M shares in IPOPITTSBURGH — Education Management Corp. said Monday it would sell 20 million shares, at $18 to $20 a piece, in an initial public offering that will help it pay down debt.

March 2nd, 2009 CHENNAI - Neyveli Lignite Corp (NLC) will go ahead with its 1,000-MW power project in Tuticorin in Tamil Nadu despite a legal tussle over part of the project land between SPIC Electric Power Corp and the Tuticorin Port Trust, a top official said. 'NLC or its power subsidiary will not be affected by the land dispute.

September 16th, 2009 NEW DELHI - The railways ministry Wednesday said it would not resort to forceful acquisition of land for railway projects, and that it would review its land acquisition policy. "The ministry of railways has decided that there shall not be any forceful acquisition of land for railway projects," the ministry said in a statement.

July 30th, 2009 Commerzbank sells Swiss subsidiaryFRANKFURT — Germany's Commerzbank AG said Thursday that it is selling a Swiss subsidiary which specializes in private banking to Vontobel Group of Switzerland. Financial details of the sale of Commerzbank (Switzerland) were not disclosed.

January 30th, 2009 NAGPUR - Aircraft maker Boeing Saturday signed a land lease agreement with Maharashtra Airport Development Co. (MADC) for setting up a $100-million maintenance, repair and overhaul (MRO) facility.

September 25th, 2009 AP may sell stake in its German ServiceFRANKFURT — The Associated Press said Friday that it is in talks with German news agency DDP about selling a stake in AP's German language news service to the Berlin-based company. The discussions involve the possibility of Deutscher Depeschendienst GmbH acquiring a shareholding in AP GmbH — AP's Germany-based subsidiary — and a long-term content-sharing agreement, AP said.

May 13th, 2009 MUMBAI - Realty major DLF announced Wednesday its promoters would sell close to 168 million shares or about 10 percent of their stake in the company to infuse capital in its subsidiary DLF Assets Ltd (DAL). The company which would hope to raise about Rs.39.7 billion as per the scrip's Tuesday's closing price of Rs.236.25 at the Bombay Stock Exchange also said that the money would be used to buy out D.E Shaw's stake in DAL.

September 2nd, 2009 Soon-to-be sister carriers start codeshare dealDENVER — Frontier Airlines and Midwest Airlines, soon to be under the same fold, began a codeshare agreement on Wednesday. Codesharing allows airlines to sell seats on each other's flights.

August 31st, 2009 NEW DELHI - Telecom majors Reliance Communications (RCom) and Aircel are on the verge of signing a $300-million agreement for sharing telecom infrastructure like towers, sources close to the deal said Monday. "The deal will offer RCom a revenue upside of over Rs.1,500 crore.