RNS Number:4010B
Amiad Filtration Systems Ltd
12 April 2006



                          Amiad Filtration Systems Ltd
                            (Amiad or "the Company")

                               Financial Reporting


12 April 2006: In the Company's admission document, dated 29 November 2005,
issued in connection with the admission of the entire issued share capital of
the Company to trading on AIM, the Company stated that "for so long as Gaon Agro
remains a substantial shareholder in Amiad and, under applicable Israeli
securities rules, for so long as Gaon Agro is required to annex the Company's
financial statements to its financial statements, it is envisaged that the
Company will also issue quarterly results. As and when Gaon Agro ceases to be a
substantial shareholder in Amiad or is otherwise no longer required to include
financial information on Amiad in its financial statements, the Directors will
reconsider the need for ongoing quarterly reporting".

On 31 March 2006, the Company was notified that Gaon Agro had sold its entire 
shareholding in Amiad.  Following this disposal, the directors of Amiad have 
resolved that the Company will not continue to prepare quarterly financial 
information. Accordingly, as of 2006 the Company will not prepare quarterly 
reports, but will continue to prepare annual accounts and half-yearly reports 
in accordance with the AIM Rules.



Enquiries:

Amiad Filtration Systems
Yossi Katz, CEO                               +972 4 690 9500
Itamar Eder, CFO

Corfin Communications
Harry Chathli, Neil Thapar                    +44 (0)20 7929 8989



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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