October 8, 2008

SCAILEX CORP: Scailex Vision-HP Settlement Signed Last May 5

COMPANIES: Hewlett-Packard Co | Scailex Corp Ltd | Scailex Vision (Tel-Aviv) Ltd
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A settlement agreement was signed between Scailex Corporation Ltd.’s majority owned subsidiary, Scailex Vision (Tel-Aviv) Ltd., and Hewlett-Packard on May 5, 2008, which concludes the reciprocal claims between the parties with respect to the sum in escrow.

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