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אודוΧͺ Χ˜Χ‘Χ’Χ§Χ©Χ¨Χ™ ΧžΧ©Χ§Χ™Χ’Χ™ΧΧžΧ’Χ•Χ¨Χ‘Χ•Χͺ Χ—Χ‘Χ¨ΧͺΧ™Χͺ

ηγωεϊ εδεγςεϊ μςιϊεπεϊ

θας ξεωλϊ δμεεΰδ ωμ 350 ξμιεο $ ξριπγιχθ απχιν

25/11/2005 θας ξεγιςδ λι διΰ ξωλδ αΰετο ξμΰ δμεεΰδ ψα ξθαςιϊ αρκ 350 ξμιεο $ αδξωκ μδρλν δμεεΰδ ωπηϊν αρτθξαψ 2005 ξριπγιχθ απχιν. δδμεεΰδ ξηεμχϊ μωπι ημχιν ωεειν ωμ 175 ξμιεο $ λμ ΰηγ, ΰωψ ιωεμξε ϊεκ ωμεω ςγ ηξω ωπιν, αδϊΰξδ.

ζεδι δμεεΰϊ ριπγιχθ ψαιςιϊ ωθας ξβιιρϊ αωεχ δτιππρι δαιπμΰεξι ξΰζ 1993.

ριπγιχθ δαπχιν ΰεψβο ςμ-ιγι Sumitomo Mitsui Banking Corporation Europe Limited ΰωψ ωιξω λρελο ριπγιχθ, αιηγ ςν Citibank, N.A., London, and Deutsche Bank AG. δριπγιχθ λεμμ 21 απχιν ξιωψΰμ, ΰιψετδ, ΰψδ"α εριο, λμ ΰηγ ξαπχιν ΰμε δϊηιια μδμεεϊ αιο 10 ξμιεο $ μ- 25 ξμιεο $. ημχ ξδαπχιν μΰ χιιξε χωψιν ςρχιιν ςν θας αςαψ, εημχν ΰσ μΰ ςν ιωψΰμ αςαψ. δδμεεΰδ ξημιτδ δμεεΰϊ ριπγιχθ χεγξϊ. αωςδ ωδλεεπδ διϊδ ωδδμεεΰδ ϊδιδ αιο 150 ξμιεο $ μ- 250 ξμιεο $, αςχαεϊ ϊβεαδ ηιεαιϊ ξδωεχ δρϊλξδ δδμεεΰδ αρετε ωμ γαψ α- 350 ξμιεο $.

αξρβψϊ ϊπΰι δρλν δδμεεΰδ, ρλεξιν δεςξγε μξρτψ ηαψεϊ απεϊ ΰψετΰιεϊ ωμ θας λΰωψ θας ξωξωϊ λςψαδ. δρλεξιν ιπεφμε μξθψεϊ λμμιεϊ, απερσ μδημτϊ δμεεΰϊ δριπγιχθ δχεγξϊ αρκ 135 ξμιεο $. δςρχδ ξωχτϊ ΰϊ δΰρθψθβιδ δτιππριϊ ωμ θας αωπι γψλιν: δβαψϊ δηωιτδ μξρτψ ψηα ωμ απχιν αιπμΰεξιιν αξχαιμ μδςφξϊ δπεληεϊ δβμεαμιϊ ωμ θας εδβγμϊ ημχε ωμ δηεα ωμ θας μθεεη ΰψεκ λβιγεψ ηωιτεϊ θας μξθαςεϊ ωεπιν.

θας ϊςωιεϊ τψξφαθιεϊ ας"ξ διπδ ηαψδ βμεαμιϊ ωαριρδ αιωψΰμ εΰηϊ ξ- 20 δηαψεϊ δτψξφαθιεϊ δξεαιμεϊ αςεμν. θας, δξϊξηδ αιιφεψ ϊψετεϊ βπψιεϊ ειιηεγιεϊ εαιιφεψ ηεξψιν τςιμιν μϊςωιδ δτψξφαθιϊ, διπδ ΰηϊ ξδξεαιμεϊ αςεμν αϊηεν δβπψιχδ. μθας ΰϊψι ιιφεψ, ξηχψ, ωιεεχ εδτφδ αιωψΰμ, αφτεο εαξψλζ ΰξψιχδ εαΰιψετδ. χψεα μ- 90% ξξλιψεϊιδ ωμ δχαεφδ δο μφτεο ΰξψιχδ εΰιψετδ.


μδμο δρςισ διγες αΰψδ"α λ- Safe Harbor απερηε δΰπβμι εΰωψ ξθψϊε μδβο ςμ δηαψδ, ςτ"ι δγιο δΰξψιχΰι:

Safe Harbor Statement under the U. S. Private Securities Litigation Reform Act of 1995:
This release contains forward-looking statements, which express the current beliefs and expectations of management. Such statements are based on management’s current beliefs and expectations and involve a number of known and unknown risks and uncertainties that could cause Teva`s future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to Teva's ability to rapidly integrate Ivax Corporation's operations and achieve expected synergies, Teva`s ability to successfully develop and commercialize additional pharmaceutical products, the introduction of competitive generic products, the impact of competition from brand-name companies that sell or license their own generic products under generic trade dress and at generic prices (so called "authorized generics") or seek to delay the introduction of generic products ,the impact of consolidation of our distributors and customers, regulatory changes that may prevent Teva from exploiting exclusivity periods, potential liability for sales of generic products prior to a resolution of outstanding litigation, including that relating to the generic versions of Allegra®, Neurontin®, Oxycontin® and Zithromax®, the effects of competition on Copaxone® sales, including as a result of the expected reintroduction of Tysabri® into the market, the impact of pharmaceutical industry regulation and pending legislation that could affect the pharmaceutical industry, the difficulty of predicting U.S. Food and Drug Administration, European Medicines Association and other regulatory authority approvals, the regulatory environment and changes in the health policies and structure of various countries, Teva`s ability to successfully identify, consummate and integrate acquisitions, exposure to product liability claims, dependence on patent and other protections for innovative products, significant operations worldwide that may be adversely affected by terrorism or major hostilities ,environmental risks, fluctuations in currency, exchange and interest rates, operating results and other factors that are discussed in Teva's Annual Report on Form 20-F and its other filings with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.