-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Wg7+0v1zT+nTZc0XTQyBuWdfQsmFjxXIH0uMnvSej/GJcfNphRufEoGqEFSF17dH qVoAQHvNU9HHgCF3PCNCag== 0001178913-07-002362.txt : 20071105 0001178913-07-002362.hdr.sgml : 20071105 20071105162550 ACCESSION NUMBER: 0001178913-07-002362 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20071105 DATE AS OF CHANGE: 20071105 GROUP MEMBERS: AVRAHAM LIVNAT GROUP MEMBERS: BADAL SECURITIES LTD. GROUP MEMBERS: CLAL ELECTRONICS INDUSTRIES LTD. GROUP MEMBERS: DISCOUNT INVESTMENT CORPORATION LTD. GROUP MEMBERS: IDB DEVELOPMENT CORPORATION LTD. GROUP MEMBERS: IDB HOLDING CORPORATION LTD. GROUP MEMBERS: KOOR INDUSTRIES LTD. GROUP MEMBERS: NOCHI DANKNER GROUP MEMBERS: RUTH MANOR GROUP MEMBERS: SHELLY BERGMAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ECTEL LTD CENTRAL INDEX KEY: 0001096197 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 520044462 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-50734 FILM NUMBER: 071214259 BUSINESS ADDRESS: STREET 1: 10 AMAL STREET AFEK INDUSTRIAL PARK CITY: ROSH-HA'AYIN STATE: L3 ZIP: 48092 BUSINESS PHONE: 972-3-9002121 MAIL ADDRESS: STREET 1: ECTEL INC 8211 W. BROWARD BLVD. CITY: PLANTATION STATE: FL ZIP: 33324 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CLAL INDUSTRIES & INVESTMENTS LTD CENTRAL INDEX KEY: 0001051856 IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3 AZRIELI CENTER, TRIANGLE TOWER STREET 2: 45TH FLOOR CITY: TEL AVIV STATE: L3 ZIP: 67023 BUSINESS PHONE: 97236075794 MAIL ADDRESS: STREET 1: 3 AZRIELI CENTER, TRIANGLE TOWER STREET 2: 45TH FLOOR CITY: TEL AVIV STATE: L3 ZIP: 67023 SC 13D/A 1 zk74422.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Rule 13d-101 Information to be Included in Statements Filed pursuant to Rule 13d-1(a) and Amendments Thereto Filed Pursuant to Rule 13d-2(a) (AMENDMENT NO. 2) ECTEL LTD. - -------------------------------------------------------------------------------- (Name of Issuer) ORDINARY SHARES, NIS 0.04 PAR VALUE - -------------------------------------------------------------------------------- (Title of Class of Securities) M29925100 - -------------------------------------------------------------------------------- (CUSIP Number) SARIT HECHT, ADV. CLAL INDUSTRIES AND INVESTMENTS LTD. 3 AZRIELI CENTER, TRIANGLE TOWER TEL AVIV, 67023 TEL: 972-3-6075795 ISRAEL - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) NOVEMBER 1, 2007 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [_] NOTE: Schedules filed in paper format shall include a signed original and five copies of the Schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 40 pages SCHEDULE 13D - ------------------- ------------------- CUSIP NO. M29925100 - ------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Clal Electronics Industries Ltd. (no U.S. I.D. number) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 2,007,153 shares OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 2,007,153 shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,007,153 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.03% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- Page 2 of 40 pages SCHEDULE 13D - ------------------- ------------------- CUSIP NO. M29925100 - ------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Clal Industries and Investments Ltd. (no U.S. I.D. number) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 2,007,153 shares OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 2,007,153 shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,007,153 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.03% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- Page 3 of 40 pages SCHEDULE 13D - ------------------- ------------------- CUSIP NO. M29925100 - ------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Koor Industries Ltd. (no U.S. I.D. number) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 3,498,836 shares OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 3,498,836 shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,498,836 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 20.97% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- Page 4 of 40 pages SCHEDULE 13D - ------------------- ------------------- CUSIP NO. M29925100 - ------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Discount Investment Corporation Ltd. (no U.S. I.D. number) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 3,498,836 shares OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 3,498,836 shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,498,836 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 20.97% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- Page 5 of 40 pages SCHEDULE 13D - ------------------- ------------------- CUSIP NO. M29925100 - ------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS IDB Development Corporation Ltd. (no U.S. I.D. number) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 5,515,472** OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,515,472 shares** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,515,472 shares** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X]** - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.05% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- ** Does not include (i) 4,899 Ordinary Shares held for members of the public through, among others, provident funds, mutual funds, pension funds, exchange traded funds and insurance policies, which are managed by subsidiaries of CIEH and (ii) 177 Ordinary Shares which are held by unaffiliated third-party client accounts managed by subsidiaries of CIEH as portfolio managers (the "CIEH Shares"). The Reporting Person disclaims beneficial ownership of the CIEH Shares. See also Item 5. Page 6 of 40 pages SCHEDULE 13D - ------------------- ------------------- CUSIP NO. M29925100 - ------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Badal Securities Ltd. (no U.S. I.D. number) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 9,483 shares OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 9,483 shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,483 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.056% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- Page 7 of 40 pages SCHEDULE 13D - ------------------- ------------------- CUSIP NO. M29925100 - ------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS IDB Holding Corporation Ltd. (no U.S. I.D. number) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 5,524,955 shares** OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,524,955 shares** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,524,955 shares** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X]** - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.11% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- ** This number does not include the CIEH Shares. The Reporting Person disclaims beneficial ownership of the CIEH Shares. Page 8 of 40 pages SCHEDULE 13D - ------------------- ------------------- CUSIP NO. M29925100 - ------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Nochi Dankner - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 5,524,955 shares** OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,524,955 shares** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,524,955 shares** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X]** - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.11% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- ** This number does not include the CIEH Shares. The Reporting Person disclaims beneficial ownership of the CIEH Shares. Page 9 of 40 pages SCHEDULE 13D - ------------------- ------------------- CUSIP NO. M29925100 - ------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Shelly Bergman - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 5,524,955 shares** OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,524,955 shares** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,524,955 shares** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X]** - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.11% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- ** This number does not include the CIEH n Shares. The Reporting Person disclaims beneficial ownership of the CIEH Shares. Page 10 of 40 pages SCHEDULE 13D - ------------------- ------------------- CUSIP NO. M29925100 - ------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Avraham Livnat - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 5,524,955 shares** OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,524,955 shares** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,524,955 shares** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X]** - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.11% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- ** This number does not include the CIEH Shares. The Reporting Person disclaims beneficial ownership of the CIEH Shares. Page 11 of 40 pages SCHEDULE 13D - ------------------- ------------------- CUSIP NO. M29925100 - ------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Ruth Manor - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 5,524,955 shares** OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,524,955 shares** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,524,955 shares** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X]** - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.11% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- ** This number does not include the CIEH Shares. The Reporting Person disclaims beneficial ownership of the CIEH Shares. Page 12 of 40 pages This Amendment No. 3 amends and supplements the Statement on Schedule 13D in respect of the Ordinary Shares, par value NIS 0.04 each ("Ordinary Shares"), of ECtel Ltd. (the "Issuer"), filed by Clal Electronics Industries Ltd., Clal Industries and Investments Ltd., Koor Industries Ltd, Discount Investment Corporation Ltd., IDB Development Corporation Ltd., Badal Securities Ltd., IDB Holding Corporation Ltd., Mr. Nochi Dankner, Mrs. Shelly Bergman, Mrs. Ruth Manor and Mr. Avraham Livnat (collectively, the "Initial Reporting Persons"), with the Securities and Exchange Commission on June 28, 2004 (as amended, the "Statement"). The Initial Reporting Persons together with Koor Industries Ltd. are hereinafter referred to as the "Reporting Persons". Unless otherwise defined in this Amendment No. 3, capitalized terms have the meanings given to them in the Statement. The following amends and supplements Items 2, 3, 4, 5 and 7 of the Statement. ITEM 2. IDENTITY AND BACKGROUND Item 2 of the Statements is hereby amended and supplemented as follows: (a), (b) and (c): The Reporting Persons. As of November 1, 2007: (3) Koor Industries Ltd. ("Koor"), an Israeli public corporation, with its principal office at the Triangular Tower, 43rd floor, 3 Azrieli Center, Tel Aviv 67023, Israel. Koor is a multi-industry holding company engaged through its direct and indirect wholly and partially owned subsidiaries and affiliates in various businesses. The outstanding shares of Koor are listed for trading on the Tel Aviv Stock Exchange. Koor owns directly Ordinary Shares. (4) As of November 1, 2007, DIC owned directly approximately 46% of the outstanding ordinary shares of Koor, which in turn beneficially owns Ordinary Shares. By reason of DIC's interest in Koor, DIC may be deemed to be beneficial owner of, and to share the power to vote and dispose of, the Ordinary Shares beneficially owned by Koor. See Item 5. Nochi Dankner (together with a private company controlled by him) and his sister Shelly Bergman control Ganden Holdings Ltd. ("Ganden Holdings"), a private Israeli company. Ganden Holdings owns, as of November 22, 2006, approximately 50% of the outstanding shares of IDB Holding (of which, approximately 12.31% of the outstanding shares of IDB Holding are held directly and approximately 37.7% of the outstanding shares of IDB Holding are held through Ganden Investments I.D.B. Ltd. ("Ganden"), a private Israeli company, which is an indirect wholly owned subsidiary of Ganden Holdings). In addition, Shelly Bergman holds, through a wholly owned company, approximately 7.23% of the outstanding shares of IDB Holding. Page 13 of 40 pages Ruth Manor controls Manor Holdings B.A. Ltd. ("Manor Holdings"), a private Israeli company which owns, as of Nvember 1, 2007, approximately 11.7% of the outstanding shares of IDB Holding (of which, approximately 1.3% are held directly and approximately 10.39% of the outstanding shares of IDB Holding are held through Manor Investments - IDB Ltd. ("Manor"), a private Israeli company which is controlled by Manor Holdings). Manor also holds directly approximately 0.32% of the outstanding shares of IDB Development. Ruth Manor's husband, Isaac Manor, and their son, Dori Manor, are directors of IDB Holding and IDB Development. Avraham Livnat controls Avraham Livnat Ltd., a private Israeli company, which owns, as of November 1, 2007, approximately 11.7% of the outstanding shares of IDB Holding (of which, approximately 1.36% are held directly and approximately 10.34% of the outstanding shares of IDB Holding are held through Avraham Livnat Investments (2002) Ltd. ("Livnat"), a private Israeli company, which is a wholly owned subsidiary of Avraham Livnat Ltd.). Zvi Livnat, a son of Avraham Livnat, is a director of IDB Holding and IDB Development and Shay Livnat, a son of Avraham Livnat, is a director of IDB Development. Based on information furnished to the Reporting Persons, Gonen Bieber, one of Clal Industries' executive officers holds 72 Ordinary Shares. Other than that, the Reporting Persons are not aware of any executive officer or director named in Exhibit 1 through 9 to the Statement, beneficially owning any Shares. The name, citizenship, residence or business address and present principal occupation of the directors and executive officers of (i) Clal Electronics, (ii)Clal Industries, (iii) Koor, (iv)DIC, (v) IDB Development, (vi) Badal and (vii) IDB Holding are set forth in Schedules A, B, C, D, E, F and G, respectively, attached hereto and incorporated herein by reference. (d) None of the Reporting Persons or, to the knowledge of the Reporting Persons, any director or executive officer named in Exhibits A, B, C, D, E, F and G to this Statement, has, during the last five years, been convicted in any criminal proceeding, excluding traffic violations and similar misdemeanors, except as provided below. (e) None of the Reporting Persons or, to the knowledge of the Reporting Persons, any director or executive officer named in Exhibits A, B, C,D, E, F and G to this Statement, has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or state securities laws or finding any violation with respect to such laws. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Item 3 of the Statement is hereby amended and supplemented as follows: The acquisition of Shares reported in this Statement was funded out of working capital of Clal Electronics. Page 14 of 40 pages ITEM 4. PURPOSE OF TRANSACTION Item 4 of the Statement is hereby amended and supplemented as follows: The acquisition of Shares reported in this Statement was for investment purposes. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Item 5 of the Statement is hereby amended and restated in its entirety as follows: (a), (b) Percentages are based on 16,686,401 Ordinary Shares outstanding as of November 1, 2007, as the Issuer advised the Reporting Persons. As of November 1, 2007: Clal Industries and Clal Electronics beneficially own, and may be deemed to share the power to vote and dispose of the 2,007,153 Ordinary Shares held by Clal Electronics, constituting approximately 12.03% of the Ordinary Shares of the Issuer. Koor beneficially owns, and may be deemed to share the power to vote and dispose of 3,498,836 Ordinary Shares, constituting approximately 20.97% of the Ordinary Shares of the Issuer. DIC may be deemed to beneficially own, and to share the power to vote and dispose of, 3,498,837 Ordinary Shares beneficially owned by Koor, constituting approximately 20.97% of the Ordinary Shares outstanding. DIC disclaims beneficial ownership of such shares. IDB Development beneficially owns 9,483 Ordinary Shares, and may be deemed to own additional 5,505,989 Ordinary Shares, consisting of (i) 2,007,153 Ordinary Shares held by Clal Electronics and (ii) 3,498,836 Ordinary Shares beneficially owned by Koor. IDB Development may be deemed to share the power to vote and dispose of all these Ordinary Shares, constituting in the aggregate, 5,515,472 Ordinary Shares or approximately 33.05% of the Ordinary Shares outstanding. IDB Development disclaims beneficial ownership of such shares, other than the 9,483 Ordinary Shares held by it. Badal beneficially owns, and may be deemed to share the power to vote and dispose of 9,483 Ordinary Shares held by it, constituting approximately 0.056% of the Ordinary Shares of the Issuer. IDB Holding and the Reporting Persons who are natural persons may be deemed to share the power to vote and dispose of the 5,524,955 Ordinary Shares consisting of (i) the 5,515,472 Ordinary Shares which are and may be deemed to be beneficially owned by IDB Development as set forth above and (ii) 9,483 Ordinary Shares held by Badal, constituting in the aggregate approximately 33.11% of the Ordinary Shares. IDB Holding and the Reporting Persons who are natural persons diclaim beneficial ownership of such shares, except that IDB Holding does not disclaim beneficial ownership of the 9,483 Ordinary Shares of Badal. Page 15 of 40 pages (c) Except as set forth below, the Reporting Persons have not effected any transactions in the Ordinary Shares in the past 60 days ending on November 1, 2007. Information provided to the Reporting Persons indicates that none of the executive officers and directors of Clal Electronics, Clal Industries, DIC, IDB Development, Badal and IDB Holding, purchased or sold , any Ordinary Shares during the last 60 days ending on November 1, 2007. Clal Electronics made the following purchases of Shares, all of which were made in open market transactions on the NASDAQ: Date Amount of Ordinary Shares Average Price Per Share - ---- ------------------------- ----------------------- November 1, 2007 263,900 $3.2 November 2, 2007 300,000 $3.2 (d) Not applicable. (e) Not applicable. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Schedules A, B, C, D, E and F Name, citizenship, business address, present principal occupation and employer of executive officers and directors of (1) Clal Industries, (2) Clal Electronics, (3) Koor, (4)DIC, (5) IDB Holding, (6) IDB Development and (7) Badal Exhibits 1-10 Joint filing agreement between each of (1) Clal Electronics, (2) Koor, (3) DIC, (4) IDB Holding, (5) IDB Development (6) Badal, (7) Nochi Dankner, (8) Shelly Bergman, (9) Avraham Livnat and (10) Ruth Manor and Clal Industries. Page 16 of 40 pages SIGNATURE After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: November 5, 2007 CLAL ELECTRONICS INDUSTRIES LTD. CLAL INDUSTRIES AND INVESTMENTS LTD. KOOR INDUSTRIES LTD. DISCOUNT INVESTMENT CORPORATION LTD. IDB DEVELOPMENT CORPORATION LTD. BADAL SECURITIES LTD. IDB HOLDING CORPORATION LTD. NOCHI DANKNER SHELLY BERGMAN AVRAHAM LIVNAT RUTH MANOR By: Clal Industries and Investments LTD. By: (SIGNED)/s/ Gonen Bieber, /s/ Yehuda Ben Ezra Gonen Bieber and Yehuda Ben Ezra, authorized signatories of Clal Industries and Investments Ltd. for itself and on behalf of Clal Electronics Industries Ltd., Clal Industries and Investments Ltd., Koor Industries Ltd., Discount Investment Corporation Ltd., IDB Development Corporation Ltd., Badal Securities Ltd., Nochi Dankner, Shelly Bergman, Avraham Livnat and Ruth Manor pursuant to the agreements annexed as exhibit 1-10 to this Schedule 13D. Page 17 of 40 pages Schedule A Directors and Executive Officers Of Clal Industries and Investments Ltd. (as of November 1, 2007) Citizenship is same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Nochi Dankner Chairman of the Board of Chairman and Chief Executive Officer of IDB 3 Azrieli Center, the Triangular Tower 44th Directors and Co-Chief Holdings; Chairman of IDB Development Clal floor, Tel Aviv 67023, Israel Executive. Industries and Investments Ltd and DIC; director of Companies. Avi Fischer Director Executive Vice President of IDB Holdings; 3 Azrieli Center, the Triangular Tower 45th Deputy Chairman of IDB Development; floor, Tel Aviv 67023, Israel Co-Chief Executive Officer of Clal Industries and Investments Ltd. Refael Bisker Director Chairman of Property and Building 3 Azrieli Center, the Triangular Tower 44th Corporation Ltd. floor, Tel Aviv 67023, Israel *Marc Schimmel Director Director of UKI Investments 54-56 Euston St., London NW1 U.K. Yecheskel Dovrat Director Economic consultant and director of 1 Nachshon St., Ramat Hasharon, Israel. companies. Eliahu Cohen Director Chief Executive Officer of IDB Development. 3 Azrieli Center, the Triangular Tower 44th floor, Tel Aviv 67023, Israel Shay Livnat Director President of Zoe Holdings Ltd. 31st HaLechi St., Bnei Brak 51200, Israel David Leviatan Director Director of Companies. 18 Mendele St., Herzeliya, Israel Alicia Rotbard External Director Chief Executive Officer of Doors 6 Rosenblum St. Information Systems Inc. #6101 Sea&Sun, Tel Aviv, Israel Nachum Langental External Director Director of companies 3 Jabotinski St., Ramat Gan, Israel **Isaac Manor Director Chairman of companies in the motor vehicle Director sector of the David Lubinski Ltd. Group. 26 Hagderot St., Savion
Page 18 of 40 pages **Dori Manor Director Chairman of companies in the motor vehicle 18 Hareches St., Savion sector of the David Lubinski Ltd. Group. Adiel Rosenfeld, Director Representative in Israel of Aktiva group. 42 Ha'Alon St., Timrat 23840, Israel Zvi Livnat, Co- Chief Executive Co- Chief Executive of Clal Industries and 3 Azrieli Center, the Triangular Tower 45th Investments Ltd. floor, Tel Aviv 67023, Israel Nitsa Einan, Vice President and General General Counsel of Clal Indistries and 3 Azrieli Center, the Triangular Tower 45th Counsel. Investments Ltd. floor, Tel Aviv 67023, Israel Yehuda Ben Ezra Comptroller. Comptroller of Clal Industries and 3 Azrieli Center, the Triangular Tower 45th Investments Ltd. floor, Tel Aviv 67023, Israel ***Gonen Bieber, Vice President and Financial Financial Manager of Clal Industries and 3 Azrieli Center, the Triangular Tower 45th Manager. Investments Ltd. floor, Tel Aviv 67023, Israel Guy Rosen, Vice President Vice President of Clal Industries and 3 Azrieli Center, the Triangular Tower 45th Investments Ltd. floor, Tel Aviv 67023, Israel Boaz Simons, Vice President Vice President of Clal Industries and 3 Azrieli Center, the Triangular Tower 45th Investments Ltd. floor, Tel Aviv 67023, Israel Ilan Amit, Internal Auditor Internal Auditor of Clal Industries and 3 Azrieli Center, the Triangular Tower 45th Investments Ltd. floor, Tel Aviv 67023, Israel
* British Citizenship ** Israeli and French Citizenship *** Dual Citizenship of Israel and the Republic of Germany. As of November 1, 2007owns 72 Ordinary Shares. Page 19 of 40 pages Schedule B Executive Officers and Directors of CLAL ELECTRONICS INDUSTRIES LTD. (as of November 1, 2007)
NAME AND ADDRESS POSITION PRINCIPAL OCCUPATION - ---------------- -------- -------------------- Avi Fischer Director Director and Co-Chief Executive 3 Azrieli Center, Officer of Clal Industries Triangular Tower, Tel Aviv, Israel Yehuda Ben Ezra Director and Comptroller Comptroller of Clal Industries 3 Azrieli Center, Triangular Tower, Tel Aviv, Israel Gonen Bieber * Director and Finance Manager Finance Manager of Clal Industries(1) 3 Azrieli Center, Triangular Tower, Tel Aviv, Israel Nitsa Einan General Counsel General Counsel of Clal Industreis 3 Azrieli Center, Triangular Tower, Tel Aviv, Israel
* Mr. Bieber is a dual citizen of Israel and the Republic of Germany. Based upon information provided to the Reporting Persons, during the past five years, none of the persons listed above has been convicted, or is subject to a judgment, decree or final order, in any of the legal proceedings enumerated in Items 2 (d) and 2 (e) of Schedule 13D. Page 20 of 40 pages Schedule C Executive Officers and Directors of KOOR INDUSTRIES LTD. (As of November 1, 2007)
NAME & BUSINESS ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - ----------------------- -------- ---------------------------- Ami Erel Chairman of the President and Chief Executive Officer of 3 Azrieli Center, The Triangular Tower, 44th floor, Board of Directors DIC; Chief Executive Officer of Netvision Tel-Aviv 67023, Israel Ltd. Nochi Dankner Director Chairman and Chief Executive Officer of IDB 3 Azrieli Center, The Triangular Tower, 44th floor, Holding; Chairman of IDB Development, DIC Tel-Aviv 67023, Israel and Clal Industries; Director of companies. Avraham (Avi) Fischer Director Executive Vice President of IDB Holding; 3 Azrieli Center, The Triangular Tower, 45th floor, Deputy Chairman of IDB Development, Co-Chief Tel-Aviv 67023, Israel Executive Officer of Clal Industries. Isaac Manor (*) Director Chairman of companies in the motor vehicle 26 Hagderot Street, Savion 56526, Israel sector of the David Lubinski Ltd. group. Zvi Livnat Director Executive Vice President of IDB Holding; 3 Azrieli Center, The Triangular Tower, 45th floor, Deputy Chairman of IDB Development; Co-Chief Tel-Aviv 67023, Israel Executive Officer of Clal Industries. Haim Gavrieli Director Executive Vice President of IDB Development 3 Azrieli Center, Triangle Tower, 44th floor, Tel Aviv 67023, Israel Marc Schimmel Director Director of UKI Investment 17 High field Gardens, London W11 9HD, United Kingdom Refael Bisker Director Chairman of Property and Building 3 Azrieli Center, The Triangular Tower, 44th floor, Corporation Ltd. Tel-Aviv 67023, Israel Gideon Lahav Director Director of companies. 124 Ehad Ha-Am Street, Tel-Aviv 65208, Israel
Page 21 of 40 pages Dr. Ayelet Ben-Ezer External Director Vice President of special projects in the 25 Alexander Pen, Tel-Aviv 69641, Israel Interdisciplinary Center Herzeliya. Shlomo Risman External Director Chief Executive Officer of the Farmers 8 Kaplan, Tel-Aviv 61001, Israel Federation of Israel. Avraham Asheri Director Director of companies. 12 Yoshfe, Mevaseret Zion 90805, Israel Raanan Cohen Chief Executive Chief Executive Officer of Koor and Vice 3 Azrieli Center, The Triangular Tower, 44th floor, Officer President of DIC. Tel-Aviv 67023, Israel David (Didi) Paz Executive Vice Vice President of Koor and Managing Director 3 Azrieli Center, The Triangular Tower, 44th floor, President of Koor Corporate Venture Capital. Tel-Aviv 67023, Israel Michal Dadon-Yageel Corporate Corporate Controller of Koor. 3 Azrieli Center, The Triangular Tower, 43th floor, Controller Tel-Aviv 67023, Israel
(*) Dual citizen of Israel and France Page 22 of 40 pages Schedule D Directors and Executive Officers Directors and Executive Officers o f DISCOUNT INVESTMENT CORPORATION LTD. (as of September 20, 2007) Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Nochi Dankner Chairman of the Chairman and Chief Executive Officer of IDB 3 Azrieli Center, The Triangular Tower, 44th Board of Directors Holding; Chairman of IDB Development, DIC and floor, Tel-Aviv 67023, Israel Clal Industries and Investments Ltd.; Director of companies. Zehava Dankner Director Member of the executive committee of the 64 Pinkas Street, Tel Aviv 62157, Israel Beautiful Israel Council. Zvi Livnat Director Executive Vice President of IDB Holding; Deputy 3 Azrieli Center, The Triangular Tower, 45th Chairman of IDB Development; Co-Chief Executive floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd. Avi Fischer Director Executive Vice President of IDB Holding; Deputy 3 Azrieli Center, The Triangular Tower, 45th Chairman of IDB Development; Co-Chief Executive floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd. Refael Bisker Director Chairman of Property and Building Corporation Ltd. 3 Azrieli Center, The Triangular Tower, 44th floor, Tel-Aviv 67023, Israel Jacob Schimmel Director Director of UKI Investments. 17 High field Gardens, London W11 9HD, United Kingdom Shaul Ben-Zeev Director Chief Executive Officer of Avraham Livnat Ltd. Taavura Junction, Ramle 72102, Israel Eliahu Cohen Director Chief Executive Officer of IDB Development. 3 Azrieli Center, The Triangular Tower, 44th floor, Tel-Aviv 67023, Israel
Page 23 of 40 pages Gideon Lahav Director Director of companies. 124 Ehad Ha-Am Street, Tel-Aviv 65208, Israel Moshe Arad External Director Director of companies. 14 Shay Agnon Street, Jerusalem 92586, Israel Gideon Dover External Director Chief Executive Officer and director of Dover 11 Hamaalot Street, Herzlia B 46583, Israel Medical and Scientific Equipment Ltd. NIV AHITUV, PROF. EXTERNAL DIRECTOR PROFESSOR IN THE FACULTY OF BUSINESS MANAGEMENT, BUSINESS MANAGEMENT FACULTY, RECANATI TEL AVIV UNIVERSITY BUILDING, TEL AVIV UNIVERSITY, TEL AVIV 69978, ISRAEL Isaac Manor (*) Director Chairman of companies in the motor vehicle sector 26 Hagderot Street, Savion 56526, Israel of the David Lubinski Ltd. group. Dori Manor (*) Director Chief Executive Officer of companies in the motor 17, KEREM HAZEITIM STREET, SAVION 56536, vehicle sector of the David Lubinski Ltd. group. ISRAEL Adiel Rosenfeld Director Representative in Israel of the Aktiva group. 42 Ha'Alon Street, Timrat 23840, Israel Ami Erel President and Chief President and Chief Executive Officer of DIC. 3 Azrieli Center, The Triangular Tower, 44th Executive Officer floor, Tel-Aviv 67023, Israel Oren Lieder Senior Vice Senior Vice President and Chief Financial Officer 3 Azrieli Center, The Triangular Tower, 44th President and Chief of DIC. floor, Tel-Aviv 67023, Israel Financial Officer Raanan Cohen Vice President Vice President of DIC; Chief Executive Officer of 3 Azrieli Center, The Triangular Tower, 44th Koor Industries Ltd. floor, Tel-Aviv 67023, Israel Ari Bronshtein Vice President Vice President of DIC. 3 Azrieli Center, The Triangular Tower, 44th floor, Tel-Aviv 67023, Israel
Page 24 of 40 pages Michel Dahan Vice President and Vice President and Comptroller of DIC. 3 Azrieli Center, The Triangular Tower, 44th Comptroller floor, Tel-Aviv 67023, Israel Itzhak Ravid, CPA Internal Auditor Managing Partner of Raveh-Ravid & Co., Accountants 32 A HaBarzel St. Tel Aviv 69710
(*) Dual citizen of Israel and France Page 25 of 40 pages Schedule E Directors and Executive Officers of IDB Development Corporation Ltd. (as of November 1, 2007) Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION Nochi Dankner Chairman of the Chairman and Chief Executive Officer of IDB 3 Azrieli Center, The Triangular Tower, 44th Board of Directors Holding; Chairman of IDB Development, DIC and Clal floor, Tel-Aviv 67023, Israel Industries and Investments Ltd.; Director of companies. Zehava Dankner Director Member of the executive committee of the Beautiful 64 Pinkas Street, Tel Aviv 62157, Israel Israel Council. Avi Fischer Deputy Chairman of Executive Vice President of IDB Holding; Deputy 3 Azrieli Center, The Triangular Tower, 45th the Board of Chairman of IDB Development; Co-Chief Executive floor, Tel-Aviv 67023, Israel Directors Officer of Clal Industries and Investments Ltd. Zvi Livnat Deputy Chairman of Executive Vice President of IDB Holding; Deputy 3 Azrieli Center, The Triangular Tower, 45th the Board of Chairman of IDB Development; Co-Chief Executive floor, Tel-Aviv 67023, Israel Directors Officer of Clal Industries and Investments Ltd. Refael Bisker Director Chairman of Property and Building Corporation 3 Azrieli Center, The Triangular Tower, 44th Ltd.; Chairman of Super-sol Ltd. floor, Tel-Aviv 67023, Israel Jacob Schimmel Director Director of UKI Investments. 17 High field Gardens, London W11 9HD, United Kingdom Shay Livnat Director President of Zoe Holdings Ltd. 26 Shalva Street, Herzlia Pituach 46705, Israel Eliahu Cohen Director and Chief Chief Executive Officer of IDB Development. 3 Azrieli Center, The Triangular Tower 44th Executive Officer floor, Tel-Aviv 67023, Israel
Page 26 of 40 pages Isaac Manor (*) Director Chairman of companies in the motor vehicle sector 26 Hagderot Street, Savion 56526, Israel of the David Lubinski Ltd. group. Dori Manor (*) Director Chief Executive Officer of companies in the motor 18 Hareches Street, Savion 56538, Israel vehicle sector of the David Lubinski Ltd. group. Abraham Ben Joseph Director Director of companies. 87 Haim Levanon Street, Tel-Aviv 69345, Israel Amos Malka External Director Chairman of Albar Mimunit Services Ltd. 18 Nahal Soreq Street, Modi'in 71700, Israel Dr. Yoram Margalioth External Director Senior lecturer (expert on tax laws) at the 16 Ha'efroni Street, Raanana 43724, Israel Faculty of Law in the Tel Aviv University. Irit Izakson Director Director of companies. 15 Great Matityahou Cohen Street, Tel-Aviv 62268, Israel Lior Hannes Senior Executive Senior Executive Vice President of IDB 3 Azrieli Center, The Triangular Tower, 44th Vice President Development; Chief Executive Officer of IDB floor, Tel-Aviv 67023, Israel Investments (U.K.) Ltd. Dr. Eyal Solganik Executive Vice Executive Vice President and Chief Financial 3 Azrieli Center, The Triangular Tower, 44th President and Chief Officer of IDB Development; Chief Financial floor, Tel-Aviv 67023, Israel Financial Officer Officer of IDB Holding. Ari Raved Vice President Vice President of IDB Development. 3 Azrieli Center, The Triangular Tower, 44th floor, Tel-Aviv 67023, Israel Haim Gavrieli Vice President Vice President of IDB Development. 3 Azrieli Center, The Triangular Tower, 44th floor, Tel-Aviv 67023, Israel Haim Tabouch Vice President and Vice President and Comptroller of IDB Development; 3 Azrieli Center, The Triangular Tower, 44th Comptroller Comptroller of IDB Holding. floor, Tel-Aviv 67023, Israel Inbal Tzion Vice President and Vice President and Corporate Secretary of IDB 3 Azrieli Center, The Triangular Tower, 44th Corporate Development; Corporate Secretary of IDB Holding. floor, Tel-Aviv 67023, Israel Secretary
(*) Dual citizen of Israel and France. Page 27 of 40 pages Schedule F Directors and Executive Officers of IDB Holding Corporation Ltd. (as of November 1, 2007) Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Nochi Dankner Chairman of the Chairman and Chief Executive Officer of IDB 3 Azrieli Center, The Triangular Tower, 44th Board of Directors Holding; Chairman of IDB Development, DIC and floor, Tel-Aviv 67023, Israel and Chief Executive Clal Industries and Investments Ltd.; Director of Officer companies. Isaac Manor (*) Deputy Chairman of Chairman of companies in the motor vehicle sector 26 Hagderot Street, Savion 56526, Israel the Board of of the David Lubinski Ltd. group. Directors Arie Mientkavich Vice Chairman of Chairman of Elron; Chairman of Clal Tourism Ltd.; 14 Betzalel Street, the Board of Deputy Chairman of Gazit-Globe Israel Jerusalem 94591,Israel Directors (Development) Ltd. Zehava Dankner Director Member of the executive committee of the 64 Pinkas Street, Tel Aviv 62157, Israel Beautiful Israel Council. Lior Hannes Director Senior Executive Vice President of IDB 3 Azrieli Center, The Triangular Tower, 44th Development; Chief Executive Officer of IDB floor, Tel-Aviv 67023, Israel Investments (U.K.) Ltd. Refael Bisker Director Chairman of Property and Building Corporation 3 Azrieli Center, The Triangular Tower, 44th Ltd.; Chairman of Super-sol Ltd. floor, Tel-Aviv 67023, Israel Jacob Schimmel Director Director of UKI Investments. 17 High field Gardens, London W11 9HD, United Kingdom Shaul Ben-Zeev Director Chief Executive Officer of Avraham Livnat Ltd. Taavura Junction, Ramle 72102, Israel
Page 28 of 40 pages Eliahu Cohen Director Chief Executive Officer of IDB Development. 3 Azrieli Center, The Triangular Tower, 44th floor, Tel-Aviv 67023, Israel Dori Manor (*) Director Chief Executive Officer of companies in the motor 18 Hareches Street, Savion 56538, Israel vehicle sector of the David Lubinski Ltd. group. Meir Rosenne Director Attorney. 8 Oppenheimer Street, Ramat Aviv, Tel Aviv 69395, Israel Shmuel Lachman External Director Information technology consultant 9A Khilat Jatomir Street, Tel Aviv 69405, Israel Zvi Dvoresky External Director Manager of a company involved in the real estate 12 Ha-rofe Street, business Haifa 34366, Israel Zvi Livnat Director and Executive Vice President of IDB Holding; Deputy 3 Azrieli Center, The Triangular Tower, 45th Executive Vice Chairman of IDB Development; Co-Chief Executive floor, Tel-Aviv 67023, Israel President Officer of Clal Industries and Investments Ltd. Avi Fischer Executive Vice Executive Vice President of IDB Holding; Deputy 3 Azrieli Center, The Triangular Tower, 45th President Chairman of IDB Development; Co-Chief Executive floor, Tel-Aviv 67023, Israel Officer of Clal Industries and Investments Ltd. Dr. Eyal Solganik Chief Financial Chief Financial Officer of IDB Holding; Executive 3 Azrieli Center, The Triangular Tower, 44th Officer Vice President and Chief Financial Officer of IDB floor, Tel-Aviv 67023, Israel Development. Haim Tabouch Comptroller Comptroller of IDB Holding; Vice President and 3 Azrieli Center, The Triangular Tower, 44th Comptroller of IDB Development. floor, Tel-Aviv 67023, Israel
(*) Dual citizen of Israel and France. Page 29 of 40 pages Schedule G Directors and Executive Officers of Badal Securities Ltd. (as of November 1, 2007) Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Haim Tabouch Director and Vice President and Comptroller of IDB Development; 3 Azrieli Center, The Triangular Tower, 44th Comptroller Comptroller of IDB Holding. floor, Tel-Aviv 67023, Israel Gonen Bieber* Director Financial Manager of Clal Industries 3 Azrieli Center, The Triangular Tower, 44th floor, Tel-Aviv 67023, Israel
* Dual Citizenship of Israel and the Republic of Germany. As of November 1 2007, owns 72 Ordinary Shares. Based on the information provided to the Reporting Persons, during the past five years, none of the persons listed above has been convicted, or is subject to a judgment, decree or final order, in any of the legal proceedings enumerated in Items 2 (d) and 2 (e) of Schedule 13D. Page 30 of 40 pages Exhibit 1 November 1, 2007 Clal Industries and Investments Ltd. 3 Azrieli Center, Triangle Tower, TEL AVIV, ISRAEL Gentlemen: Pursuant to Rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of ECtel Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, (SIGNED) _______________ IDB Holdings Ltd. (SIGNED) _______________ Agreed: Clal Industries and Investments Ltd. Page 31 of 40 pages Exhibit 2 November 1, 2007 Clal Industries and Investments Ltd. 3 Azrieli Center, Triangle Tower, TEL AVIV, ISRAEL Gentlemen: Pursuant to Rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of ECtel Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, (SIGNED) _______________ Clal Electronics Industries Ltd. (SIGNED) _______________ Agreed: Clal Industries and Investments Ltd. Page 32 of 40 pages Exhibit 3 November 1, 2007 Clal Industries and Investments Ltd. 3 Azrieli Center, Triangle Tower, TEL AVIV, ISRAEL Gentlemen: Pursuant to Rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of ECtel Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, (SIGNED)___________ Koor Industries Ltd. (SIGNED) _________ Agreed: Clal Industries and Investments Ltd. Page 33 of 40 pages Exhibit 4 November 1, 2007 Clal Industries and Investments Ltd. 3 Azrieli Center, Triangle Tower, TEL AVIV, ISRAEL Gentlemen: Pursuant to Rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of ECtel Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, (SIGNED) ____________ Discount Investment Corporation Ltd. (SIGNED) _________ Agreed: Clal Industries and Investments Ltd. Page 34 of 40 pages Exhibit 5 November 1, 2007 Clal Industries and Investments Ltd. 3 Azrieli Center, Triangle Tower, TEL AVIV, ISRAEL Gentlemen: Pursuant to Rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of ECtel Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, (SIGNED) _________ IDB Development Corporation Ltd. (SIGNED) __________ Agreed: Clal Industries and Investments Ltd. Page 35 of 40 pages Exhibit 6 November 1, 2007 Clal Industries and Investments Ltd. 3 Azrieli Center, Triangle Tower, TEL AVIV, ISRAEL Gentlemen: Pursuant to Rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of ECtel Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, (SIGNED) _______________ Badal Securities Ltd. (SIGNED) __________ Agreed: Clal Industries and Investments Ltd. Page 36 of 40 pages Exhibit 7 November 1, 2007 Clal Industries and Investments Ltd. 3 Azrieli Center, Triangle Tower, TEL AVIV, ISRAEL Gentlemen: Pursuant to Rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of ECtel Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, (SIGNED) _____________ Nochi Dankner (SIGNED) __________ Agreed: Clal Industries and Investments Ltd. Page 37 of 40 pages Exhibit 8 November 1, 2007 Clal Industries and Investments Ltd. 3 Azrieli Center, Triangle Tower, TEL AVIV, ISRAEL Gentlemen: Pursuant to Rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of ECtel Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, (SIGNED) ________________ Shelly Bergman (SIGNED) _________ Agreed: Clal Industries and Investments Ltd. Page 38 of 40 pages Exhibit 9 November 1, 2007 Clal Industries and Investments Ltd. 3 Azrieli Center, Triangle Tower, TEL AVIV, ISRAEL Gentlemen: Pursuant to Rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of ECtel Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, (SIGNED) ___________ Avraham Livnat (SIGNED) __________ Agreed: Clal Industries and Investments Ltd.. Page 39 of 40 pages Exhibit 10 November 1, 2007 Clal Industries and Investments Ltd. 3 Azrieli Center, Triangle Tower, TEL AVIV, ISRAEL Gentlemen: Pursuant to Rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of ECtel Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, (SIGNED) ________ Ruth manor (SIGNED) ________ Agreed: Clal Industries and Investments Ltd. Page 40 of 40 pages -----END PRIVACY-ENHANCED MESSAGE-----