Granite Hacarmel Investments Ltd. Information

Granite Hacarmel Investments Ltd. is an Israel-based company principally engaged in the refined petroleum market. The Company and its subsidiaries are active in a number of fields: refined petroleum, marketing and distribution; lubrication and greasing products, production, marketing and distribution; operation of public petrol stations; paint products, production, marketing and distribution; desalination and purification of water; electricity production; treatment of spills and waste; exploration of crude oil and gas; real estate; development of cellular communications; tourism projects, as well as in projects for urban and residential infrastructure. The Company's subsidiaries include Sonol, Tambour, Supergas, Global Environmental Systems, Global Automotive Agencies Ltd. and Green Anchors Ltd. As of August 2008, the Company partnered to invest in India and is holding 18.6% of the partnership.