Senvest Capital Reports Results for the Second Quarter Ended June 30, 2008

* Reuters is not responsible for the content in this press release.

Tue Aug 5, 2008 4:26pm EDT 

  MONTREAL, QUEBEC, Aug 05 (MARKET WIRE) -- 
Senvest Capital Inc. (TSX: SEC) today reported net earnings of $3,133,022
or $1.19 per share for the three months ended June 30, 2008. This
compares to $4,419,696 or $1.61 per share for the same period in 2007.
For the six months ended June 30, 2008, net earnings were $3,024,124 or
$1.15 per share compared to $8,658,473 or $3.27 per share the prior year.
Book value was $60.51 per share at the end of the second quarter.

    Senvest Capital Inc. and it's subsidiaries have business activities in
Merchant banking, Asset Management, Real Estate and electronic security.


                           CONSOLIDATED STATEMENT OF EARNINGS
-------------------------------------------------------------------------
                                        (unaudited)

                  For the three months ended     For the six months ended
                   06/30/2008     06/30/2007     06/30/2008    06/30/2007

Net earnings       $3,133,022     $4,419,696     $3,024,124    $8,658,473

Earnings per share      $1.19          $1.61          $1.15         $3.27

Average number of
 shares outstanding                               2,625,172     2,649,571


    

Contacts:
SENVEST CAPITAL INC.
George Malikotsis
Vice President Finance
514-281-8082
514-281-0166 (FAX)
www.Senvest.com

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