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Nova Measuring Instruments

Teuza's holdings: 1%

A public company traded in NASDAQ (NVMI), in which Teuza holds 7.5%
(original stake of Teuza was 30% and the fund sold already a portion of its shares).
Nova develops, produces and markets monitoring and measurement systems for the
semiconductor manufacturing industry. The Company has pioneered the innovative
approach to integrated metrology for on-line, real-time process control of
semiconductor wafers in production. Nova's systems measure film thickness
and monitor production processes related to the manufacturing of thin films.
The Company's innovative technology delivers the resolution, precision and speed
required for effective IC manufacturing.

In April 2000 Nova Measuring Instruments Ltd., in which Teuza’s original investment
was $900,000, issued its shares on the USA NASDAQ stock exchange
(at a post money valuation of $285M).

P.O.B 25266 Haifa 31250 Israel Tel: 972 4 8728788 Fax: 972 4 8729393 E-mail: teuza@teuzafund.com