CAMTEK LTD. DUAL-LIST FOR TRADING ON THE TEL-AVIV STOCK EXCHANGE TAKES EFFECT DECEMBER 2, 2001

Will Facilitate Accessibility to Israeli Institutional Investors and Mutual Funds Opportunity to Expand Investor Base and Trading Volume MIGDAL HAEMEK, Israel--November 30, 2001--Camtek Ltd. (NASDAQ:CAMT), a developer, manufacturer and marketer of automated inspection systems and related software products used to enhance processes and yields for the Printed Circuit Board (PCB), Advanced Substrates, and Microelectronics industries, today announced that the planned dual listing of its shares on the Tel Aviv Stock Exchange (TASE), will take effect on December 2, 2001. This listing is in addition to the one on the NASDAQ. "We're excited to be joining the growing number of distinguished Israeli companies who are now jointly listed, and are proud to be affiliated with the Tel Aviv Stock Exchange," commented Moshe Amit, Camtek's CFO. "We look forward to the additional exposure and liquidity that this new listing may give us, as well as to the opportunity of gaining experience by working with both Israeli institutional investors and mutual funds, and European traders who will find it more convenient to invest in Camtek's shares as a result of extended trading hours and greater accessibility." As noted in Camtek's press release of November 12, 2001, dual listing was enabled by a new amendment to the Israel Securities Law that became effective in October 2000. The law allows companies whose shares currently trade on U.S. capital markets to be listed on the Tel Aviv Stock Exchange as well. Dual listed companies continue to be subject to all the rules and regulations of NASDAQ and the U.S. Securities and Exchange Commission. Reporting requirements mandated by the TASE and the Israel Securities Authority for such dual-listed companies are basically identical to those required by the U.S. Securities and Exchange Commission of foreign companies. ABOUT CAMTEK LTD. With headquarters in Migdal Ha'emek Israel, Camtek Ltd., designs, develops, manufactures, and markets technologically advanced and cost-effective automated optical inspection systems and related products, used to detect defects and ensure quality during the manufacturing process in the printed circuit boards, advanced substrates industries and back end sector of the semiconductor industry.

 

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