Elron Ventures Ltd.

Foreign Filer Report • May 9, 2005

C002	����� ����� ��������� ��"�		2
Public	ELRON ELECTRONIC INDUSTRIES LTD.
	2688	Corporation no: 520028036
	Stock Exchange/Market: �����
	90
	380	Azrieli Center 3 The Triangle Building, 42f , Tel Aviv 67023 , ,
	Tel: 03-6075555 , Fax: 03-6075556
	E.mail address: PAUL@ELRON.NET	Date of transmission: 09/05/2005
		Time of broadcast: 10:21 10:11:45
		Reference: 2005-02-023886

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

Immediate ReportRegulation 4 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 ELRON ANNOUNCES SIGNING OF AGREEMENT BY ELRON'S 41% HELD AFFILIATE, OREN SEMICONDUCTOR, FOR ITS ACQUISITION BY ZORAN FOR $53.5 MILLION
PRORENACQ9MAY2005_isa.pdf

References of previous documents relating to this matter(the reference does not constitute incorporation by reference):
Previous name of reporting entity:
Date of revision of form structure: 18/04/2005
- - -
Name of the Signatory : Weinberg Paul Position of Signatory in the reporting corporation: General Counsel & Corporate Secretary
Azrieli Center 3 Telephone: 03-6075555 , Facsimile: 03-6075556 , E-mail: Paul@elron.net