RNS Number:7227K
Sadot Research & DevelopmentFund Ld
06 May 2003

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


Sadot Research and Development Fund Ltd.



2. Name of shareholder having a major interest


Deutsche Bank AG



3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18


In respect of holding of the shareholder named in 2 above.



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them






5. Number of shares / amount of stock acquired


175,000



6. Percentage of issued class


0.43%



7. Number of shares / amount of stock disposed






8. Percentage of issued class






9. Class of security


Ordinary



10. Date of transaction


April 24-29, 2003



11. Date company informed


May 5, 2003



12. Total holding following this notification


2,149,088



13. Total percentage holding of issued class following this notification


5.37%  (Please note that under the Israeli Law, any shareholder holding 5% or more of the equity in the company is
required to inform the company of this fact. Companies do not have access to information in respect of shareholders
with holdings below 5%)



14. Any additional information






15. Name of contact and telephone number for queries


 Ben- Zion Israel; Roy Avneri, 972-3-5606005



16. Name and signature of authorised company official responsible for making
this notification


Ben Zion Israel.



Date of notification


May 6, 2003



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