Tel Aviv, Israel, February 18, 2007 – Makhteshim Agan (TASE – MAIN) announced today that the following resolutions have been approved by shareholders' general meeting: 
1. To amend the remuneration terms of Mr. Avraham Bigger, in his capacity as the Company's Chairman and Chief Executive Officer.

2. To grant options to Mr. Bigger and Prof. Ilan Chet, an external director of the Company. Mr. Bigger will be granted 900,000 options and Prof. Chet will be granted 51,500 options. These resolutions have been approved by a majority of the participating shareholders including 86% of the shareholders which are not controlling shareholders.

3. To amend option conditions of Mr. Bigger and Mr. Gideon Chitayat, an external director of the Company, and other officers. Terms were added to provide the board of directors with discretion to oversee the option plans. Other terms were added regarding option vesting in the event of change of control as well as ability of the Company to execute sale of officer options in the event of a transaction to acquire all of the Company's shares.

For further information:
Ron Zakai
Investor Relations Manager
Tel: +972.7.32321910
Cell: + 972.52.7310002
Email: ron.zakai@ma-industries.com