Hadera, Israel, 25 March 2008 -- /PRNewswire/ -- American Israeli Paper Mills Ltd. (AMEX:AIP) announced that it had filed today with the Israeli Securities Authority a draft shelf prospectus, based on the company's financial reports as of 31 December 2007.

The securities covered by the shelf prospectus have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Source: American Israeli Paper Mills Ltd.