Perion Network — Major Shareholding Notification 2007

Nov 19, 2007

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C303����������� ��"�2PublicINCREDIMAIL LTD6689Corporation no: 512849498Stock Exchange/Market: �����������2513358HaNechoshet 4 , Tel Aviv 69710 , ,Tel: 03-7696100 , Fax: 03-6445502E.mail address: Yacov@incredimail.comDate of transmission: 19/11/2007              Time of broadcast: 21:01 21:00:43

Reference: 2007-02-448465

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

Initial Details relating to Major Shareholders 

The corporation is a foreign private issuer as defined by U.S. Securities Laws.
Attached hereto are the details of the major shareholders as of the 19/11/2007 �����������������������_isa.pdf
Explanation: the details should be as stated in the last 20-F or if the corporation has published updated information since, then those details should be given.

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: 31/10/2007
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Name of the Signatory: : Kaufman Yacov , , Position of Signatory in the reporting corporation: Chief Financial Officer
HaNechoshet Telephone: 03-7696100 , Facsimile: 03-6445502 , E-mail: Yacov@incredimail.com 2