Tower Semiconductor Ltd. — M&A Activity 2008

Jul 31, 2008

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C002����� ����������� ��"�2PublicTOWER SEMICONDUCTOR LTD.3255Corporation no: 520041997Stock Exchange/Market: �����309380P.O.B 619 , Migdal Haemek 23105 , ,Tel: 04-6506611 , 04-6506670 Fax: 04-6547788E.mail address: natiso@towersemi.comDate of transmission: 31/07/2008              Time of broadcast: 10:31 10:29:37

Reference: 2008-02-221394

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 Announces that Jazz Technologies Set August 8, 2008 as the Record Date for a Special Meeting of Stockholders to Vote On and Approve the Merger with Tower
Recorddate-FINAL_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: 21/07/2008
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Name of the Signatory: : Gilboa Nati Somekh , Position of Signatory in the reporting corporation: General Counsel & Corporate Secretary , Name of Employer Company: .
P.O.B Telephone: 04-6506109 , Facsimile: 04-6547788 , E-mail: natiso@towersemi.com 2