Formula Systems (FORTY) 20-F2007 FY Annual report (foreign)

Filed: 30 Jun 08, 12:00am

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New words: AAOD, abovementioned, absent, absolute, acquiree, aforementioned, Alpa, Amot, arab, ARABIA, artificial, bankruptcy, Beer, behavior, Benelux, Bituach, Black, Britain, circulation, circumstance, civilian, commerce, COSO, deal, deconsolidated, deconsolidation, distinguish, driven, Dutch, Education, EL, ethical, familiar, FINLAND, Fiserv, floor, Florida, Fortissimo, Freestanding, hereinafter, Hezbollah, Hoogendoorn, house, Houten, IAT, IDI, INDONESIA, instability, intercompany, iny, Islamist, JD, Jerusalem, JORDAN, Kft, Kiryat, KOREA, KUWAIT, leaser, Lebanese, LITHUMNIA, master, MGA, midpoint, militia, missile, movement, MSE, nonfinancial, norestructuring, northern, OEM, oil, OMAN, PALESTINE, plain, pocket, PORTUGAL, presumptively, Rad, receivership, recognizable, recurring, removed, reprised, RUSSIA, SALVADOR, Santam, SAUDI, sense, Sheva, Shiite, Shmona, Sponsoring, step, subprime, superior, Swap, terrorism, terrorist, THAILAND, Treadway, Troubled, ultimate, ultimately, uncertain, unqualified, vanilla, VCON, vi, VIETNAM, violence, won, YEMEN

Removed: Accel, accessible, addressing, ADSO, Amidar, analyze, andRedevelopment, arena, arose, assisted, automate, automatically, BA, batch, broadened, built, Bull, buying, BV, Capgemini, carryforward, challenge, Chrysler, citibank, client, COBOL, collaboration, commitment, Commonwealth, compliant, complicated, computing, configuration, contest, convenient, converting, credibility, Crystal, daily, Daimler, Davidi, deflation, dependency, devaluation, discharged, divided, EIM, elapse, English, ePolicy, Equitable, essentially, exceeded, exceeding, facilitating, Fidelity, forUnderstanding, fourth, FTS, Gad, Giza, grown, Hebrew, IDS, important, IPO, Ishay, Jaffa, lag, language, lawsuit, le, lent, line, linkage, Liraz, MainWin, manually, Mentor, Micro, midrange, migrating, mine, minimize, modern, modernizing, MVS, natively, Natural, Netherland, nikuv, nonrelational, Novemebr, nursing, Oren, packaged, parallel, partially, PeopleSoft, plaintiff, plc, practical, preferred, pressing, pursued, quantity, Rabobank, ratification, rebuilding, recourse, recover, redevelopment, reflecting, rehabilitation, relational, reliably, remediation, renewal, renewing, replace, repository, Resource, restructurning, retaining, reusing, Rural, Scheer, Scottish, SDC, secure, Seeburger, slightly, sophisticated, SQL, standardizing, strength, structure, Suisse, TACT, task, TCS, territory, TPA, transformation, translate, Udvikling, underwent, unsecured, unspecified, update, updating, utilized, variable, versatile, version, viable, vigorously, VSAM, VSE, warrant, Yarom

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Exhibit 13.2

CERTIFICATION OF THE CHIEF FINANCIAL OFFICER
PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT
TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the annual report of Formula Systems (1985) Ltd. (the “Company”) on Form 20-F for the period ending December 31, 2007, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Naamit Salomon, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that, that to my knowledge:

(1)	The Report fully complies with the requirements of Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934, and

(2)	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: June 30, 2008

/s/ Naamit Salomon
——————————————
Naamit Salomon
Chief Executive Officer
(Principal Financial Officer)