(NASDAQ: ESLT) ("Elbit") and with Federmann Enterprises ("Federmann ") for the
sale of 32% holding in Tadiran Communications (TASE: TDCM) ("Tadiran") and
the acquisition of 9.

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About Koor Industries
Koor Industries is a leading investment holding company, focusing on
high-growth, internationally-oriented, Israeli companies.

For further information, please contact:

Yuval Yanai - Senior Vice President and CFO, Koor Industries Ltd.

signals conscripts

+9723-9008 -417

Forward looking statements in this release involve a number of risks and
uncertainties including, but not limited to, international market conditions,
domestic political factors, technological developments, ability to finance
operations, and other factors which are detailed in the Company 's SEC filings.

conscripts inner

The parties are in the
process of obtaining the remaining required approvals to complete the
transaction.

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S.9 million people, processed more than 12.
Tel.

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His military education included the Finance
Officer Basic and Advanced Courses, the Army Command and General Staff
College , and the Industrial College of the Armed Forces.

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Gaddy, director of DFAS. He
previously served as the director, Vendor Pay Product Line within DFAS's
Commercial Pay Services and as the military assistant to the Director of DFAS.
The appointment is effective March 7, 2005.

Koor Industries Ltd. Announces That Elbit Systems' Shareholders Have Approved the Agreements Related to the Purchase of Tadiran Communications From Koor

Koor's ADSs (American Depositary Shares) are traded on the
New York Stock Exchange (NYSE: KOR) and Koor's ordinary shares are traded on
the Tel Aviv Stock Exchange (TASE: KOR).koor .

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About DFAS
The Defense Finance and Accounting Service provides responsive,
professional finance and accounting services to the men and women who defend
America.

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forces document

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Runnels' experience also includes serving as both the chief of the Pentagon-
Coalition Provisional Authority Management Liaison Cell and the chief
financial officer for the Coalition Provisional Authority, Iraq.com. Tadiran's secure and immune military
communications systems and equipment serve the armed forces of over 50
countries worldwide.

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ARLINGTON, Va. (NYSE: KOR), (the "Company", "Koor"), a leading Israeli investment
holding company, announced today that, further to its announcement of
December 27, 2004, regarding the agreements signed with Elbit Systems Ltd. For additional information on Koor
please access our website http://www.
About Elbit Systems
Elbit Systems Ltd.

however forces

The company focuses
on the upgrading of existing military platforms and developing new
technologies for defense and homeland security applications
About Tadiran Communications
Tadiran Communications develops, manufactures and markets combat-proven
military communications solutions.

Should probably hold links to MI cats for various nations; however, at present it holds US MI listings directly, with no non-US info.

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Runnels its Principal Deputy Director of
Military and Civilian Pay Services.

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Army in 2001 at the rank of Colonel.

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For more about DFAS visit
http://www.mil/dfas.8% of Elbit, Elbit's shareholders have, in an
extraordinary general meeting of the shareholders held yesterday, approved
all the agreements relating to the purchase of Koor's shares in Tadiran. is an international defense electronics company
engaged in a wide range of defense-related programs throughout the world, in
the areas of aerospace , land and naval systems, command, control,
communications, computers, intelligence, surveillance and reconnaissance
("C4ISR"), advanced electro-optic and space technologies.

I will attempt to correct this.

directorate signals

, The Defense Finance and Accounting
Service recently named Fred A.dod.

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"Mr. In 2003, Tadiran's annual sales totaled $272 million -
83.

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Elbit's shareholders ' approval of the agreements relating to the purchase
of the Tadiran shares is one of the conditions required for the completion of
the transaction relating to the purchase of the Tadiran shares. The
transaction had previously been approved by the Board Committee of Koor
nominated by Koor's Board to approve the agreements, and by the Audit
Committee and Board of Directors of Elbit Systems.

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Runnels Named Principal Deputy Director of Military and Civilian Pay Services

He is a 1974 graduate of Mississippi State University with a Bachelors
degree in Accounting. Koor actively
invests in telecommunications through its holdings in ECI Telecom (NASDAQ:
ECIL), Telrad Networks and ECTel (NASDAQ: ECTX); in agrochemicals through
Makhteshim Agan Industries (TASE: MAIN); in defense electronics through the
Elisra Defense Group; and in promising start-ups through Koor Corporate
Venture Capital .

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Runnels retired from the U. He also holds a Masters of Business Administration
degree from Syracuse University. ROSH HA'AYIN, Israel, Koor Industries
Ltd.

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Runnels' career has provided him with the depth and breadth of
financial and executive-level knowledge and experience necessary to fill this
demanding role," said Zack E.4% of which was derived from exports.

directorate hold

+9723-9008 -310

or

Fiona Darmon - Director of Corporate Communications, Koor Industries
Tel.

document armed

In Fiscal Year 2004, DFAS made 104 million pay transactions to about
5.

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6 million invoices from defense
contractors, disbursed more than $455 billion and managed more than $226
billion in military trust funds.