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TADIRAN PLANS PUBLIC OFFERING IN ISRAEL OF TWO SOFTWARE SUBSIDIARIES

 HOLON, Israel, June 1 /PRNewswire/ -- Tadiran Limited (NYSE: TAD) said today that two of its wholly-owned software subsidiaries, Contahal Ltd. and Advanced Technology Ltd., have submitted, each separately, a draft prospectus to the Israel Commission.
 In making the announcement, Tadiran stated that the exact amount of the capital gain to be derived from the public offerings of these two subsidiaries cannot be determined at this stage.
 Tadiran designs, develops, manufactures and markets a wide range of sophisticated telecommunications equipment, defense electronic systems and computer software products, which are sold to customers in more than 50 countries. In addition, Tadiran is one of the largest manufacturers of air conditioners and refrigerators in Israel and is a leading manufacturer of lithium chloride batteries. Tadiran Electronic Industries, Inc. is a U.S. subsidiary of Tadiran Limited.
 -0- 6/1/93
 /CONTACT: Stuart Pearlman of Stuart Pearlman & Co., 212-370-4940, for Tadiran/
 (TAD)


CO: Tadiran Limited ST: IN: CPR SU: OFR

LD-WB -- NY098 -- 4170 06/01/93 17:50 EDT
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Publication:PR Newswire
Date:Jun 1, 1993
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