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Tower Semiconductor Ltd. Capital/Financing Update 2005

Sep 22, 2005

7095_rns_2005-09-22_a5b61828-ecc1-4461-94f5-18d9f7963081.htm

Capital/Financing Update

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C002	�� "�		2
Public	TOWER SEMICONDUCTOR LTD.
	3255	Corporation no: 520041997
	Stock Exchange/Market: ��

	309
	380	P.O.B 619 , Migdal Haemek 23105 , ,
	Tel: 04-6506611 , 04-6506670 Fax: 04-6547788
	E.mail address: [email protected]	Date of transmission: 22/09/2005

		Time of broadcast: 13:26 13:23:30
		Reference: 2005-02-063196



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

Immediate ReportRegulation 4 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 Tower Semiconductor Ltd. Amendment No. 1 to the Draft Prospectus for Rights Offering
RightsOfferingProspectus-Draft2consolidatedISA-FinalPublic_isa.pdf


This Amendment No. 1 to the draft prospectus for rights offering is being filed on Magna as it was publicly filed in the US pursuant to US securities laws. The draft prospectus as amended is not final and has not been declared effective.
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: 04/09/2005
- - -
Name of the Signatory : Gilboa Nati Somekh , , Position of Signatory in the reporting corporation: Associate General Counsel
P.O.B Telephone: 04-6506109 , Facsimile: 04-6547788 , E-mail: [email protected]