THE STATE

OF ISRAEL

$100

CERTIFICATE...

e/.

A GREAT

WAY

STATE OF ISRAEL $100 CERTIFICATE

TO SAVE

TODAY

FOR THEIR

TRIP

TOMORROW

• Non-interest bearing.
• Can be redeemed in Israel for $100 in Israeli currency after a
minimum of one year from issue date. Upon maturity, may be
redeemed in the United States for $100.
• El Al Israel Airlines will accept State of Israel $100 Certificates
that are at least one year old toward the purchase of a round-
trip flight to Israel, under current provisions.
• Matures: 5 years from issue date.
Minimum subscription: $100

This is not an offering, which can be made
only by prospectus from:

JERIolt

Development Corporation For Israel

ISRAELBONDS

29201 Telegraph Road • Suite 324
Southfield, MI 48034-7654

810-352-6555
Fax: 810-352-7887