RNS Number:3264P
Technoplast Industries Ld
03 September 2003

R. YOHAY & CO., LAW OFFICES
TOP  TOWER,  50, DIZENGOFF ST., TEL AVIV

FAX: 03-525 39 83  e-mail: ryohay@ryylaw.com  TEL: 03-525 39 72




Tel Aviv, 3 September 2003


                          The London Stock Exchange

                      Company Announcements Section

                                Fax: 44-207-5886057



Dear Sir,





            RE:       Technoplast Industries Ltd - Immediate report



 Technoplast Industries Ltd. (hereinafter "Technoplast" or "the
Company") announced, to the Israel Securities Authority (ISA) and to the Tel
Aviv Stock Exchange (TASE), as an immediate report, that Technoplast's Board of
Directors has resolved, on 31 August 2003, the following:


I. To convene an extraordinary General Meeting of Technoplast's
shareholders on 30 September 2003 at 9:30 a.m., in R. Yohay & Co.'s Law offices
at Top Tower, 50 Dizengoff St., Tel Aviv, Israel.



Agenda:


1. Increasing Technoplast's registered capital by
315,000,000 NIS. by creating 315,000,000 additional ordinary shares of 1 NIS.
nominal value each so that subsequent to the increase of capital Technoplast's
registered capital shall be 450,000,000 NIS., and shall be divided into
450,000,000 ordinary shares of 1 NIS. nominal value each.



2. Conversion of all of Technoplast's ordinary shares, including the
shares of the above capital increase, into ordinary shares with no nominal
values.



3. Appointment of Mrs. Bilha Sova as an outside director.



II Entitled to participate and vote in the above annual
general meeting are persons who are shareholders of the Company as at the close
of business on 25 September 2003. Any shareholder wishing to participate and
vote in the above general meeting must provide the Company, prior to the
convening of the above general meeting, proof with respect to the ownership of
the Company's shares held by such shareholder as at 26 September 2003.



III A copy of the resolutions to be considered and if thought fit, to be
approved, shall be available for inspection by the shareholders of the Company
at the Company's Israeli counsel, R. Yohay & Co. at Top Tower, 50 Dizengoff
Street, Tel Aviv, during the business hours of 7 days prior to the convening of
the annual general meeting.



                                Yours Sincerely,


                                Gill Rimon, Adv.

                          R. Yohay & Co., Law Offices




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

IOEKXLBBXKBXBBK