Elron Electronic Industries (ELRNF) SC 13G/A Elron Electronic Industries LTD /Ny/

Exhibit 1

Joint Filing Agreement

By this Agreement, the undersigned agree that this Statement on Schedule 13G/A being filed on or about this date, and any subsequent amendments thereto filed by any of us, with respect to the securities of Elron Electronic Industries Ltd. is being filed on behalf of each of us.

February 3, 2014

Dov Yelin

/s/ Dov Yelin

By: Dov Yelin

Yair Lapidot

/s/ Yair Lapidot

By: Yair Lapidot

Yelin Lapidot Holdings Management Ltd.

/s/ Dov Yelin

By: Dov Yelin

Title: Joint Chief Executive Officer

Yelin Lapidot Mutual Funds Management Ltd.

/s/ Or Keren

By: Or Keren

Title: Joint Chief Executive Officer