Frutarom Industries - Acquisition of additional Shares of Etol

Below is the immediate report submitted to the Israeli Securities Authority ("ISA") and the Tel-Aviv Stock Exchange through the ISA's electronic submission system in accordance with the Securities Regulations (Periodic and Immediate Reports), 1970.

Frutarom Industries Ltd.

("Company")

Registration No.: 52-004280-5

The securities of the Company are listed for trading on the Tel-Aviv Stock Exchange

Name: Frutarom

25 HaShaish St., P.O.B. 10067, Haifa 26110

Tel: +972-4-846 2401, Fax: +972-4-872 2517, www.frutarom.com

Email: kbenari@frutarom.com

January 26, 2012

Immediate Report

Nature of the Event: Acquisition of additional Shares of the Slovenian Etol Company

Further to the reports of January 17 and 18, 2012 regarding the acquisition of approximately 56% of the share capital of the Slovenian public company ETOL Tovarna arom in eteričnih olj d.d. ("Etol"), Frutarom Industries Ltd. ("Frutarom" or the "Company") hereby announces that over the past few days it has acquired a further approximate 6.63% of Etol's share capital. The acquisition was performed through a number of transactions on and outside the Slovenian stock exchange, in return for an overall sum of Euro 2,358,568. The Company now holds approximately 63% of Etol's share capital.

The Company intends to make an acquisition bid for the acquisition of the remaining shares over the next few days, and to continue purchasing shares until the acquisition bid is published. If the acquisition bid is accepted in full, Frutarom will subsequently hold all of Etol's share capital.

For further details regarding the acquisition of Etol, including details required under the fifth schedule of the Securities Regulations (Periodic and Immediate Reports) 1970, see the Company's immediate report of January 17, 2012 mentioned above.

This report includes forward-looking statements, as defined by the Israeli Securities Law - 1968, including with regards to the Company's intention to perform a bid for the acquisition of Etol's remaining shares. This forward-looking statement includes, inter alia, data, forecasts, goals, objectives, and/or other information relating to future events or circumstances which may or may not be realized and which are not solely in Frutarom's control.

These forward-looking statements are based on estimates determined by Frutarom's management which are determined, among others, by the information available to the management at the time of publication, including estimates relating to the activities of Frutarom, objectives, goals, strategies, events and future intentions.

By their nature, forward-looking statements involve risk and uncertainty and are not guarantees of future performance. The realization or lack thereof of forward-looking statements will be determined by risk factors that characterize Frutarom's activities, changes in the environment and external factors that exert influence upon the Frutarom Group (including Etol) and its activities.

Date and time at which the Company was first made aware of the event: January 26, 2012 at 14:10.

Sincerely Yours,

Tali Mirsky, Adv.

VP Legal Affairs and Corporate Secretary