Perion Network — Share Issue/Capital Change 2007

Nov 19, 2007



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C310אינקרדימייל בע"מ2PublicINCREDIMAIL LTD6689Corporation no: 512849498Stock Exchange/Market: אינקרדימייל2513363HaNechoshet 4 , Tel Aviv 69710 , ,Tel: 03-7696100 , Fax: 03-6445502E.mail address: Yacov@incredimail.comDate of transmission: 19/11/2007              Time of broadcast: 17:32 17:27:25

Reference: 2007-02-448132

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

Initial Details of the Corporation’s Securities and the Corporation’s CapitalAs of the date of this report, the share capital of the corporation is as follows:

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Class of share:	Common shares

Registered capital: 15,000,000Issued capital: 9,475,943Currency: NIS

Stock exchange on which securities are listed for trade:	NASDAQ GM

Number of securities on stock exchange: 6362804The following are details of additional securities that were issued by the corporation:

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Class of security:	_________

Series: _________

Period of conversion / realization (if aplicable):	_________

The stock exchange on which the security is listed for trade:	_________

Number of security on the stock exchange: _________Type of shares that will derive from realization / conversion of the security (if aplicable): _________Quantity of shares that will derive from full realization / conversion (if aplicable): _________Number on the stock exchange of the share derive from realization / conversion of the security (if aplicable): _________

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