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Tefron to announce the appointment of new CFO next week
Aug '08
Tefron announced that Mr. Asaf Alperovitz, the Company's CFO for the last three years, has notified the Company of his decision to resign from his position as the CFO of Tefron in favor of a new management position. Mr. Alperovitz's resignation will become effective on October 22, 2008.

The Company expects to announce the appointment of a new CFO in the next week.

The Board of Directors would like to thank Mr. Alperovitz for his contribution to the Company and is very appreciative of Mr. Alperovitz's significant professional and business contributions, his leadership, integrity and insistence on accurate, detailed and transparent financial disclosures and communication. The Board of Directors wishes Mr. Alperovitz good luck in the future.

Tefron Ltd

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