Ituran Announces Annual General Meeting's Results

AZOUR, Israel--December 26, 2013: Ituran Location and Control Ltd. announced that at the annual meeting of the shareholders of Ituran Location and Control Ltd. (the "Company"), held on December 26, 2013, the following resolution was adopted:

To renew the appointment of the firm of Fahn Kanne & co. (a member firm of Grant Thornton international) as the Company's independent auditors for the year ending December 31, 2014 and until the Company's next annual general meeting and authorize the Audit Committee of the Company to determine their remuneration.

The above was approved by 14,071,537 votes (92.69%).4,758 votes (0.03%) opposed and 1,104,866 votes (7.28%) abstained.

To approve the re-election of the following persons to serve as directors for additional period until third succeeding Annual meeting thereafter: Eyal Sheratzky 8,707,385 votes for (57.63%).6,084,639 votes (40.27%) opposed and 316,361 votes (2.09%) abstained, Yohav Kahane 7,860,439 votes for (52.03%).6,931,585 votes (45.88%) opposed and 316,361 votes (2.09%) abstained. Amos kurz 8,633,261 votes for (57.14%).6,158,763 votes (40.76%) opposed and 316,361 votes (2.09%) abstained. Yigal Shani 8,633,261 votes for (57.14%).6,158,763 votes (40.76%) opposed and 316,361 votes (2.09%) abstained.