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Tower Semiconductor Ltd. Capital/Financing Update 2006

Jan 27, 2006

7095_rns_2006-01-27_f3045a0b-2311-4346-9fc9-0f130e645037.htm

Capital/Financing Update

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C003	�� "�		2
Public	TOWER SEMICONDUCTOR LTD.
	3255	Corporation no: 520041997
	Stock Exchange/Market: ��

	309
	381	P.O.B 619 , Migdal Haemek 23105 , ,
	Tel: 04-6506611 , 04-6506670 Fax: 04-6547788
	E.mail address: [email protected]	Date of transmission: 27/01/2006

		Time of broadcast: 11:19 11:13:45
		Reference: 2006-02-016974



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



Amended report for distorted report sent on date : 17/01/2006 , Whose reference number was: 2006-02-011589
The distortion: Aggregate gross proceeds received by Tower were $7,500 lower than was cited in the original notice.
The distortion cause: Technicalities surrounding U.S. Settlement Procedures.
The main amendment: The number of debentures purchased - 48,169,300; amount of gross proceeds - $48,169,300.

Other Report or AnnouncementRegulation 5 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. Notice of Results of Rights Offering

��_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: 28/12/2005
- - -
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]