Tel - Aviv Stock Exchange Ltd. (TASE) is in a process of finding a strategic investor. After approaching its shareholders, 71.7% of TASE shareholders offered to sell their shares. TASE expects there to be interest from the world’s leading stock exchanges, which will significantly strengthen the Israeli stock exchange’s competitive position globally and will lead to the creation of international collaborations and attract overseas investors. This measure fits in well with the objective of the TASE demutualization and with the Amendment of the Securities Law regarding the restructuring of the TASE.