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Published on 4/28/2006 in the Prospect News PIPE Daily.

New Issue: Camtek raises $15 million from private placement of stock

By Sheri Kasprzak

New York, April 28 - Camtek Ltd. said it has completed a $15 million private placement of shares.

A group of Israeli institutional investors agreed to buy 2,525,252 shares at $5.94 each.

The investors received warrants for 1,262,626 shares, exercisable at $6.83 each for four years.

Located in Migdal Ha'Emek, Israel, Camtek develops optical inspection systems used by manufacturers of printed circuit boards.

Issuer:Camtek Ltd.
Issue:Stock
Amount:$15 million
Shares:2,525,252
Price:$5.94
Warrants:For 1,262,626 shares
Warrant expiration:Four years
Warrant strike price:$6.83
Settlement date:April 28
Stock symbol:Nasdaq: CAMT
Stock price:$5.86 at close April 28

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