Details of Shareholder Agreement

    PILAT TECHNOLOGIES INTERNATIONAL LTD                      

                       DETAILS OF SHAREHOLDER AGREEMENT                        

On 26 November 2007 Pilat Technologies International Ltd ("PTI" or the
"Company") announced the completion of the sale of 6,105,685 shares of NIS 0.01
each (the "Shares") by certain shareholders to a group of investors (the "New
Shareholders"). The New Shareholders have entered into a shareholders'
agreement pursuant to which the Sky Private Equity Fund has control of the
Shares and therefore controls 23 per cent. of the issued share capital of the
Company.

Pursuant to a request from the Company on 2 December 2007, the New Shareholders
have notified PTI of the following additional details regarding the
shareholders' agreement:

 1. The New Shareholders will vote at the Company's shareholder meetings in
    accordance with a majority decision (by the relative holdings of the New
    Shareholders) reached at a preliminary meeting.
   
 2. Resolutions concerning the following subjects will require a 75 per cent.
    majority of the New Shareholders at the preliminary meeting: (1) a change
    in the issued capital of the Company, including changes in the rights
    attached to its shares; (2) substantial changes in the Company's
    activities; (3) liquidation; (4) appointment of accountants and lawyers;
    (5) approval of a transaction with a value of US$10,000,000 or more; (6)
    changes in the dividend policy of the Company; and (7) approval of
    transactions with controlling shareholders or any of the New Shareholders.
   
 3. The New Shareholders have undertaken not to sell or transfer the Shares,
    except to family members, limited partnerships that are controlled by the
    Sky Private Equity Fund or to the controlling shareholder of Autumn 209
    Holding & Sharing Ltd which is one of the New Shareholders, for the period
    up to 10 December 2009.
   
 4. The other New Shareholders have the right of first refusal should any one
    of them decide to sell their shareholding in the Company.
   
 5. Any purchase by one of the New Shareholders of further shares in the
    Company in excess of 1 per cent. of the issued share capital will be
    executed on a pro rata basis by the New Shareholders.


   
Pilat Technologies International Ltd                     00 972 3 767 9200
Chaim Helfgott, Corporate Secretary                                       
                   
                                                       
Hanson Westhouse Limited                                     0113 246 2610
Tim Feather / Matthew Johnson                                             



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