US antitrust authority clears merger

of SHL’s Raytel Cardiac Services into Philips.
Tel Aviv/Zurich, 30 October 2007 - SHL Telemedicine Ltd. (SWX: SHLTN), a leading provider and developer of advanced personal telemedicine solutions, announces that it has been advised by the Pre merger Notification Office of the US Federal Trade Commission that early termination of the U.S. Antitrust Waiting Period has been granted thereby clearing the sale of Raytel Cardiac Services and other ancillary operations comprising SHL's US cardiac monitoring activities to Royal Philips Electronics (NYSE:PHG, AEX:PHI).

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