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Bank Hapoalim to Announce Full Year 2010 Financial Results on March 31, 2011

TEL AVIV, Israel, March 23, 2011 (GLOBE NEWSWIRE) -- Bank Hapoalim (TASE:POLI) (Pink Sheets:BKHYY) Israel's leading financial group, announced today that the company will release financial results for the fourth quarter and full year ended December 31, 2010 before the open of trading in Israel on Thursday, March 31, 2011. The financial results will be released over the news wires and will also be posted on the Bank Hapoalim corporate website.
/ Source: GlobeNewswire

TEL AVIV, Israel, March 23, 2011 (GLOBE NEWSWIRE) -- Bank Hapoalim (TASE:POLI) (Pink Sheets:BKHYY) Israel's leading financial group, announced today that the company will release financial results for the fourth quarter and full year ended December 31, 2010 before the open of trading in Israel on Thursday, March 31, 2011. The financial results will be released over the news wires and will also be posted on the Bank Hapoalim corporate website.

Bank Hapoalim will host a conference call for investors and analysts on Thursday, March 31, 2011, beginning at 6:00 PM Israel Time / 4:00 PM Greenwich Mean Time / 12:00 PM Eastern Time. A slide presentation highlighting the full year 2010 results will also be made available on the Bank Hapoalim website, , under the Investor Relations section, by selecting "Financial Information" and then selecting "Annual 2010 Presentation".

To participate in the Bank Hapoalim earnings conference call, please dial in approximately 10 minutes prior to the conference call start time using one of the following access numbers. 

A replay of the teleconference will be made available approximately two hours after the conference call is completed, through April 7, 2011. To access the conference call phone replay, internationally please dial: (972) 3-9255937. The replay will also be made available for audio playback on the Bank Hapoalim website .

About Bank Hapoalim

Bank Hapoalim is Israel's leading financial group. In Israel, the Bank Hapoalim Group has over 270 branches, eight regional business centers, a growing network of business branches and specialized industry relationship managers for major corporate customers.

The Bank Hapoalim Group includes financial companies involved in investment banking, credit cards, trust services and portfolio management.

Internationally, Bank Hapoalim operates through branches, subsidiaries and representative offices, in North and Latin America, Europe, the Far East, Turkey and Australia. In these markets, the Bank is engaged in trade, corporate finance, private banking and retail banking.

Bank Hapoalim is the only Israeli Bank listed on both the Tel Aviv and London Stock Exchange. In addition, a Level-1 ADR is traded "over-the-counter" in New York, under ticker BKHYY.

For more information about Bank Hapoalim, please visit us online at .

Cautionary Note Regarding Forward Looking Statements

Forward looking statements for the company's business, financial condition and results of operations, are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. Such forward looking statements, include but are not limited to, product demand, pricing, market acceptance, changing economic conditions, risks in product and technology development and the effect of the company's accounting policies. As well as certain other risk factors which are detailed from time to time in the company's filings with the securities authorities.

CONTACT: Investors: Effie Werber, Head of Investor Relations Tel. +972-3-567-3440; Fax: +972-3-5673470 effie.werber@mailpoalim.co.il Press: Ofra Preuss, Bank's Spokesperson Tel: +972-3-567-3635; Fax: +972-3-567-3500 spokesperson@ mailpoalim.co.il