NAME CHANGE - HISTORY

MAGMA LEASING LTD.
CHANGED TO
MAGMA SHRACHI FINANCE LTD.
CHANGED TO
MAGMA FINCORP LTD.
SHRACHI SECURITIES LTD.
MERGEDWITH
MAGMA SHRACHI FINANCE LTD.
CONSORTIUM FINANCE & LEASING LTD.
CHANGED TO
CONSORTIUM FINANCE LTD.
MERGEDWITH
MAGMA LEASING LTD.
CHANGED TO
MAGMA SHRACHI FINANCE LTD.
CHANGED TO
MAGMA FINCORP LTD.