Magic Software Enterprises Ltd.

Regulatory Filings • Dec 31, 2007

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C003��'�� ������ ����� ��"�2PublicMAGIC SOFTWARE ENTERPRISES LTD.6825Corporation no: 520036740Stock Exchange/Market: ��'��411381HaPlada 5 , Or-Yehuda 60218 , ,Tel: 03-5389292 , Fax: 03-5389393E.mail address: ABIRK@MAGICSOFTWARE.COMDate of transmission: 31/12/2007              Time of broadcast: 09:03 09:01:49

Reference: 2007-02-500854

Israel Securities Authority		Tel Aviv Stock Exchange
www.isa.gov.il		www.tase.co.il

Other Report or AnnouncementRegulation 5 of the Securities Regulations, (Periodic and Immediate Reports of Foreign Corporation) 5761-2000 The corporation is a foreign private issuer as defined by U.S. Securities Laws.

Attached hereto is a report on	Magic Software Announces Sale of AOD Subsidiary to Fortissimo Capital for $17M

PR6_MagicSoftware_sells_AOD_to_FortissimoCapital_31Dec2007_2_isa.pdf

References of previous documents relating to this matter(the reference does not constitute incorporation by reference):
Previous names of reporting entity: M.S.E-MASHOV SOFTWARE EXPORT LTD
Date of revision of form structure: 02/12/2007
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Name of the Signatory: : David Zigdon , , Position of Signatory in the reporting corporation: Chief Financial Officer
Haplada Telephone: 03-5389600 , Facsimile: 03-5389333 , E-mail: david_zigdon@magicsoftware.com 2