Tefron Ltd. — Capital/Financing Update 2006

Jan 10, 2006

10171/1250/414075/1

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of The Securities Exchange Act of 1934

For the month of January, 2006

TEFRON LTD. (Translation of registrant's name into English)

Ind. Center Teradyon, P.O. Box 1365, Misgav 20179, Israel (Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☑ Form 40-F ☐

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ☐ No ☑

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- N/A

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Attached hereto and incorporated by reference herein is a press release, dated January 10, 2006, announcing the completion of a public auction of ordinary shares and option certificates (Series 1) in connection with an underwritten public offering in Israel.

The securities offered pursuant to the prospectus in Israel have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

This Form 6-K is hereby incorporated by reference into Tefron Ltd.’s Registration Statement on Form F-3 (Registration No. 333-128847) and its Registration Statement on Form S-8 (Registration No. 333-111932).

10171/1250/255617/1tefron - form 6-k (jan 10 05)

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

TEFRON LTD. (Registrant)

By: /s/ Asaf Alperovitz Name: Asaf Alperovitz Title: Chief Financial Officer

By: /s/ Hanoch Zlotnik Name: Hanoch Zlotnik Title: Finance Manager

Date: January 10, 2006

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news

RE: Tefron Ltd.

Ind. Center Teradyon

P.O. Box 1365

Misgav 20179

Israel

(NYSE: TFR)

At the Company Asaf Alperovitz Chief Financial Officer +972-4-9900803 Fax: +972-4-9900054

At Investor Relations Ltd. Roni Gavrielov +972-3-5167620 Fax: +972-3-5167619

TEFRON COMPLETES PUBLIC AUCTION OF ORDINARY SHARES AND OPTION CERTIFICATES (SERIES 1) IN ISRAEL

Petach-Tikva, Israel, January 10, 2006 - Tefron Ltd. (NYSE:TFR; TASE: TEFRON), one of the world's leading producers of seamless intimate apparel and active-wear, announced today that it had completed a public auction in connection with its oversubscribed underwritten offering of Ordinary Shares ("Shares") and Option Certificates (Series 1) ("Option Certificates") in Israel. A total of 100,000 units are to be issued in the offering at a price of NIS 701.64 (approximately $151.48) per unit. Each unit consists of 18 Shares and six Option Certificates. Each Option Certificate is exercisable into one Share until January 9, 2007 at an exercise price of $9.49 per Share. The total net proceeds to the Company from the offering are expected to be approximately $13.9 million (plus any proceeds that Tefron may receive from any exercise of Option Certificates).

Tefron expects to list the Shares and the Option Certificates for trading on the Tel Aviv Stock Exchange in the coming days.

The Shares, the Option Certificates and the Shares issuable upon exercise of the Option Certificates have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Tefron manufactures boutique-quality everyday seamless intimate apparel, active wear and swim wear sold throughout the world by such name-brand marketers as Victoria's Secret, Nike, The Gap, Banana Republic, Target, Warnaco/Calvin Klein, Patagonia, Reebok and El Corte Englese, as well as other well known retailers and designer labels. The company's product line includes knitted briefs, bras, tank tops, boxers, leggings, crop, T-shirts, nightwear, bodysuits, swim wear, beach wear and active-wear. The Company's Healthcare Division manufactures and sells a range of textile healthcare products.

This press release contains certain forward-looking statements with respect to the Company's business, financial condition and results of operations. These forward looking statements are subject to risks and

10171/1250/255617/1tefron - form 6-k (jan 10 05)

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uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements, including, but not limited to, fluctuations in product demand, economic conditions as well as certain other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated.

10171/1250/255617/1tefron - form 6-k (jan 10 05)