DGAP-Adhoc: Metis Capital Ltd.: Preliminary negotiations on sale of Metis Capital Rent a Car Ltd.

| Source: EQS Group AG EQS Group AG 

Metis Capital Ltd. / Disposal

19.03.2008 

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Tel Aviv/ Israel; March 19, 2008 – Metis Capital Ltd. (Prime Standard: EIC;
TASE: MTSC) is announcing in response to a publication advertised in the
press, that it is currently conducting negotiations for the sale of its
holdings in Metis Capital Rent a Car Ltd, a subsidiary which is in the full
ownership of Metis Capital and which is also the owner of the concession to
the brand 'Europcar' in Israel and is engaged in the area of car rental and
leasing.

The matter has yet to be mentioned at the Company's board of directors and
the Company has not reached a decision to engage in any transaction. Should
the company engage in a transaction, it will be following the signature
stage of a detailed, binding agreement, subject to the Company's board of
directors’ approval and subject to suspended conditions including
obligations and undertakings from its activities according to the law.

It should be mentioned that there is no certainty that the negotiation will
result in signing a binding agreement and that the transaction will be
executed.



Contact:
Metis Capital Ltd.
Yaakov Dovrat, CFO
Phone:  +972-3-537 3000
E-mail:  yaakov@metis-capital.com

Janina Wismar
Investor Relations
Phone: +49-40-60918650
E-mail: janina.wismar@kirchhoff.de


DGAP 19.03.2008 
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Language:     English
Issuer:       Metis Capital Ltd.
              30 Hamasger Street
              61090 Tel-Aviv
              Israel
Phone:        +972 (03) 537-3000
Fax:          +972 (03) 537-4000
E-mail:       investor@metis-capital.com
Internet:     www.metis-capital.com
ISIN:         IL0003570129
WKN:          936734
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News                                     DGAP News-Service
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