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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the Month of September 2003
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AMERICAN ISRAELI PAPER MILLS LTD.
(Translation of Registrant's Name into English)
P.O. Box 142, Hadera, Israel
(Address of Principal Corporate Offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:
[X] Form 20-F [ ] Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
NOTE: Regulation S-T Rule 101(b)(1) only permits the submission in paper of
a Form 6-K if submitted solely to provide an attached annual report to
security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
NOTE: Regulation S-T Rule 101(b)(7) only permits the submission in paper of
a Form 6-K submitted to furnish a report or other document that the
registrant foreign private issuer must furnish and make public under the
laws of the jurisdiction in which the registrant is incorporated, domiciled
or legally organized (the registrant's "home country"), or under the rules
of the home country exchange on which the registrant's securities are
traded, as long as the report or other document is not a press release, is
not required to be and has not been distributed to the registrant's
security holders, and, if discussing a material event, has already been the
subject of a Form 6-K submission or other Commission filing on EDGAR.
Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934:
[ ] Yes [X] No
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b):
82-______________
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American-Israeli Paper Mills Ltd. (the "Registrant") announced today
that the following five persons have recently joined the Registrant's Board of
Directors: Messrs. Zvi Livnat, Nochi Dankner, Isaac Manor, Oren Lider and Avi
Yechezkel.
As described in the Registrant's annual report on Form 20-F for the
year ended December 31, 2002, Messrs. Nochi Dankner, Zvi Livnat and Isaac Manor
may be deemed to constitute a group in control of the Registrant by virtue of
their beneficial ownership (through private companies and together with other
members of their families) of 51.7% of the issued and outstanding capital stock
of IDB Holding Corporation Ltd. (IDBH). IDBH is the parent of IDB Development
Corporation Ltd., which in turn is the parent of Clal Industries and Investments
Ltd. and Discount Investment Corporation Ltd. ("DIC"), which together hold a
majority of the issued and outstanding capital stock of the Registrant .
Mr. Oren Lider is an officer of DIC.
SIGNATURE
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Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
AMERICAN ISRAELI PAPER MILLS LTD.
(Registrant)
By: /s/ Lea Katz
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Name: Lea Katz
Title: Corporate Secretary
Dated: September 25, 2003.