Magic Software Enterprises Ltd.

Earnings Release • Aug 5, 2004



C001	מג'יק תעשיות תוכנה בע"מ		2
Public	MAGIC SOFTWARE ENTERPRISES LTD.
	2534	Corporation no: 520036740
	Stock Exchange/Market: מג'יק
	411
	379	HaPlada 5 , Or-Yehuda 60218 , ,
	Tel: 03-5389292 , Fax: 03-5389393
	E.mail address: ABIRK@MAGICSOFTWARE.COM	Date of transmission: 05/08/2004
		Time of broadcast: 14:00 13:40:29
		Reference: 2004-02-007351

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

Report of Periodic or Interim ReportRegulation 3 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 Second Quarter Results With Year-Over-Year 22 % growth in Net Profit and 21 % Increase in License Revenue
2Q04releasefinal_isa.pdf

References of previous documents relating to this matter(the reference does not constitute incorporation by reference):
Previous name of reporting entity: M.S.E-MASHOV SOFTWARE EXPORT LTD
Date of revision of form structure: 12/07/2004
- - -
Name of the Signatory : Birk Amit Position of Signatory in the reporting corporation: General Counsel & Corporate Secretary
HaPlada Telephone: 03-5389322 , Facsimile: 03-5389393 , E-mail: abirk@magicsoftware.com