-----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,
 WKnO9bwXEl07U9gCbBSBVn6qRH8yEiV7VxNlJgi0ARWb8TNmc9vefQgQrKje9Psb
 qNliUd9zIGbJ1FPzFN0E9w==

<SEC-DOCUMENT>0001178913-08-001483.txt : 20080612
<SEC-HEADER>0001178913-08-001483.hdr.sgml : 20080612
<ACCEPTANCE-DATETIME>20080612075031
ACCESSION NUMBER:		0001178913-08-001483
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080611
FILED AS OF DATE:		20080612
DATE AS OF CHANGE:		20080612

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SIMON WORLDWIDE INC
		CENTRAL INDEX KEY:			0000864264
		STANDARD INDUSTRIAL CLASSIFICATION:	APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300]
		IRS NUMBER:				043081657
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1900 AVENUE OF THE STARS
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-553-4460

	MAIL ADDRESS:	
		STREET 1:		1900 AVENUE OF THE STARS
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CYRK INC
		DATE OF NAME CHANGE:	19940214

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CYRK INTERNATIONAL INC
		DATE OF NAME CHANGE:	19930521

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Maoz Everest Fund Management, Ltd.
		CENTRAL INDEX KEY:			0001368311

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-21878
		FILM NUMBER:		08894415

	BUSINESS ADDRESS:	
		STREET 1:		PLATINUM HOUSE, 21 HA'ARBA'A STREET
		CITY:			TEL AVIV
		STATE:			L3
		ZIP:			64739
		BUSINESS PHONE:		972-3-6858555

	MAIL ADDRESS:	
		STREET 1:		PLATINUM HOUSE, 21 HA'ARBA'A STREET
		CITY:			TEL AVIV
		STATE:			L3
		ZIP:			64739

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MAOZ ELCHANAN
		CENTRAL INDEX KEY:			0001361889

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-21878
		FILM NUMBER:		08894416

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		5035241266

	MAIL ADDRESS:	
		STREET 1:		11200 SW MURRAY SCHOLLS PLACE
		CITY:			BEAVERTON
		STATE:			OR
		ZIP:			97007

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			EVEREST SPECIAL SITUATIONS FUND LP
		CENTRAL INDEX KEY:			0001224607
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-21878
		FILM NUMBER:		08894417

	BUSINESS ADDRESS:	
		STREET 1:		PLATINUM HOUSE, 21 HA'ARBA'A STREET
		CITY:			TEL AVIV ISREAL
		STATE:			L3
		ZIP:			64739
		BUSINESS PHONE:		01197236858555

	MAIL ADDRESS:	
		STREET 1:		PLATINUM HOUSE, 21 HA'ARBA'A STREET
		CITY:			TEL AVIV ISREAL
		STATE:			L3
		ZIP:			64739
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>a85399_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-06-11</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000864264</issuerCik>
        <issuerName>SIMON WORLDWIDE INC</issuerName>
        <issuerTradingSymbol>SWWI.PK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001224607</rptOwnerCik>
            <rptOwnerName>EVEREST SPECIAL SITUATIONS FUND LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>PLATINUM HOUSE, 21 HA'ARBA'A STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>TEL AVIV</rptOwnerCity>
            <rptOwnerState>L3</rptOwnerState>
            <rptOwnerZipCode>64739</rptOwnerZipCode>
            <rptOwnerStateDescription>ISRAEL</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001361889</rptOwnerCik>
            <rptOwnerName>MAOZ ELCHANAN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>PLATINUM HOUSE, 21 HA'ARBA'A STREET,</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>TEL AVIV</rptOwnerCity>
            <rptOwnerState>L3</rptOwnerState>
            <rptOwnerZipCode>64739</rptOwnerZipCode>
            <rptOwnerStateDescription>ISRAEL</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001368311</rptOwnerCik>
            <rptOwnerName>Maoz Everest Fund Management, Ltd.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>PLATINUM HOUSE, 21 HA'ARBA'A STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>TEL AVIV</rptOwnerCity>
            <rptOwnerState>L3</rptOwnerState>
            <rptOwnerZipCode>64739</rptOwnerZipCode>
            <rptOwnerStateDescription>ISRAEL</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, $.01 par value</value>
            </securityTitle>
            <transactionDate>
                <value>2008-06-11</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>10000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.35</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2580533</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">As the general partner of Everest Special Situations Fund, L.P. (Everest), Maoz Everest Fund Management, Ltd. (Maoz Everest)
 may be deemed to beneficially own the shares held by Everest. As the Chairman and Chief Executive Officer of Maoz Everest,
 Elchanan Maoz may be deemed to beneficially own the shares held by Everest. Each of Maoz Everest and Mr. Maoz disclaims
 ownership of such shares except to the extent of its or his pecuniary interest therein.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>By: Everest Special Situations Fund, L.P.; By: Maoz Everest Fund Management, Ltd., its general partner; By: /s Elchanan Maoz, its Chairman and Chief Executive Officer</signatureName>
        <signatureDate>2008-06-12</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>By: /s/ Elchanan Maoz</signatureName>
        <signatureDate>2008-06-12</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>By: Maoz Everest Fund Management, Ltd.; By: /s/ Elchanan Maoz, its Chairman and Chief Executive Officer</signatureName>
        <signatureDate>2008-06-12</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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