Elron Ventures Ltd. — Earnings Release 2006

Mar 14, 2007

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C001����� ����� ��������� ��"�2PublicELRON ELECTRONIC INDUSTRIES LTD.2688Corporation no: 520028036Stock Exchange/Market: �����90379Azrieli Center 3 The Triangle Building, 42nd flr , Tel Aviv 67023 , ,Tel: 03-6075555 , Fax: 03-6075556E.mail address: PAUL@ELRON.NETDate of transmission: 14/03/2007              Time of broadcast: 08:55 08:49:03

Reference: 2007-02-335834

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
ELRON ELECTRONIC INDUSTRIES ANNOUNCES: � $17.4 MILLION NET INCOME IN THE FOURTH QUARTER OF 2006; � NET INCOME IN 2006 AMOUNTED TO $3.0 MILLION; � $123.5 MILLION CASH BALANCE AT YEAR-END; AND � INVESTMENTS IN 2006 AMOUNTED TO $53.8 MILLION.
PRQ406Final_isa.pdf

References of previous documents relating to this matter(the reference does not constitute incorporation by reference):
Previous names of reporting entity:
Date of revision of form structure: 28/02/2007
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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