Ronex Holdings Extends the Initial Offer Period in its Partial Tender Offer for Retalix Shares
Tel Aviv, Israel, February 17, 2009 – Ronex Holdings, Limited Partnership (“Ronex”), an Israeli limited partnership wholly-
owned by the FIMI private equity funds, announced today that it extended to Tuesday February 24, 2009 at 10:00 a.m. New
York time, or 5:00 p.m., Israel Time, the Initial Offer Period for its cash tender offer to purchase up to 2,038,977 ordinary shares of
Retalix Ltd. (Nasdaq: RTLX), or approximately 10% of the outstanding shares, for $6.00 per share.
Through February 13, 2009, a total of 844,882 Retalix shares had been tendered pursuant to the terms of the offer and not
withdrawn. The Initial Offer Period is extended due to a disclosure made today by Retalix that it has received a non-binding
letter of intent to acquire all of Retalix’s shares for a cash amount of $8 per share. Ronex is extending the Initial Offer Period to
allow shareholders to consider this information before making a decision whether to tender their shares in the Offer to Purchase
or withdraw shares that have already been tendered.
Clal Finance Batucha Investment Management Ltd., the Israeli Depositary in the offer, has confirmed that its undertaking to
guarantee the fulfillment of the bidder’s obligations under the Offer to Purchase shall remain in effect following the extension of
the Initial Offer Period.
The complete terms and conditions of the tender offer, including important U.S. and Israeli income and withholding tax
considerations relating to the tender offer, are contained in the Offer to Purchase included as an exhibit to the Tender Offer
Statement on Schedule TO, as amended, filed with the U.S. Securities and Exchange Commission (SEC) and with the Israeli
Securities Authority (ISA). American Stock Transfer & Trust Company is the U.S. Depositary for the offer.
Important Information: This is not an offer to buy or the solicitation of an offer to sell any ordinary shares of Reta