Tower Semiconductor Ltd. — Report Publication Announcement 2008

May 20, 2008

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C001����� ����������� ��"�2PublicTOWER SEMICONDUCTOR LTD.5136Corporation no: 520041997Stock Exchange/Market: �����309379P.O.B 619 , Migdal Haemek 23105 , ,Tel: 04-6506611 , 04-6506670 Fax: 04-6547788E.mail address: natiso@towersemi.comDate of transmission: 20/05/2008              Time of broadcast: 01:02 00:59:48

Reference: 2008-02-138912

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

Report of Periodic or Interim ReportRegulation 3 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 Reports First Quarter 2008 Financial Results
Q08_PRfinal2isa.pdf

The financial statements related to this press release will be filed in a subsequent filing.
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: 30/04/2008
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Name of the Signatory: : Back-Frimer Dina , Position of Signatory in the reporting corporation: Lawyer/ Legal Counsel , Name of Employer Company: .
P.O.B Telephone: 04-6506436 , Facsimile: 04-6547788 , E-mail: dinaback@towersemi.com 2