Ituran aquisition of Mapa Group approved

Ituran aquisition of Mapa Group approved

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Azour, Israel, 25 June 2007: Ituran Location and Control Ltd. has announced that further to its announcement made on April 26,2007 concerning the purchase of Mapa Group, the Company has got the approval of the Israeli Commissioner for Trade Practices for the above mentioned investment.

The merger has been conditionally approved. The conditions are: Mapa Group should not unreasonably refrain from selling its GIS products and any updates to any customer; Mapa Group shall not act discriminatively in similar transactions for customers interested in purchasing Mapa Group’s products; and Mapa Group shall not link or condition the supply of its Products to a sale of service and/or other product.