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|November 24, 2005 11:54 a.m.|
|Teva Draws Down on Recently Established US$ 350 Million Syndicated Loan Facility|
Jerusalem, Israel, November 24, 2005 - Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA) announced today that it has fully drawn down on a US$ 350 multicurrency term loan facility established in September 2005 with a syndicate of banks. The loan is split into two equal tranches of US$ 175 million each, respectively repayable within three and five years.