Magal Clarifies That the Shares to be Delisted From Tel Aviv Stock Exchange Will Continue to Trade on the NASDAQ

Magal Security Systems Ltd. MAGS earlier today announced that following its announcement of August 31, 2011 that it was seeking the delisting of its shares from the Tel Aviv Stock Exchange, it was informed that such delisting will be effective as of December 1, 2011. As of such date all outstanding ordinary shares, including those currently traded on the TASE, will continue to trade on the NASDAQ Global Market.