9fd7cdd7-3acb-4d82-b855-8ecfc8f5d4c5.pdf

This is an English convenience translation of the original Hebrew version. In case of any discrepancy, the binding version is the Hebrew original.

Israel Corporation Ltd.

Registrar Number: 520028010

Securities of the Corporation are listed in the Tel Aviv Stock Exchange Short name: Israel Corporation

Address: P.O.B. 20456, Tel Aviv 61204

Tel: 03-6844517, 6844500, Fax: 03-6844587 Email: MAYAAK@ISRAELCORP.COM

Form 121 Public

Date of Transmission: January 3, 2016

Reference: 2016-01- 000433


To:

The Securities Authority

To:

The Tel Aviv Stock Exchange

www.isa.gov.il

www.tase.co.il


Immediate Report


The Event: Deletion of Derivative Act


Further to note 7A2 to the Company's financial statements dated September 30, 2015, in respect to a motion to approve a derivative act in connection with equity compensation to the Company's former CEO, the Company hereby reports that on December 31, 2015 the Economic Court has decided to delete the motion for approval of a derivative act, to delete the suit, and the application for recovery of the applicant's representatives' expenses.


The date when the event first became known to the corporation: December 31, 2015 Time: 16:30


The name of the authorized signatory to the report and the name of the authorized electronic signatory: Maya Alcheh-Kaplan

Position: Vice President, General Counsel and Company Secretary Date of signing: January 3, 2016

ICL – Israel Corporation Limited issued this content on 2016-01-03 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-03 14:50:18 UTC

Original Document: http://phx.corporate-ir.net/external.file?t=2&item=o8hHt16027g9XhJTr8+weNRYaV9bFc2rMd0Q/AXw4zseXPcufkHEXLiufI8EyA7bPXpf9PgR++/IdAmEIHJRzhVhHKexeY3GDpKqT+YLPkaSno5PjnwguMhYkJBcT7LIHQCRo+mEf/9UcdRpL9lcRg==&cb=635874280096618896