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Exhibit 4.12

# CAMTEK COMPLETES A $15
MILLION PRIVATE PLACEMENT

# The proceeds will
support the continuation of Camteks growth

MIGDAL HAEMEK, Israel, April
28, 2006  Camtek Ltd. (Nasdaq: CAMT, TASE: CAMT) announced today that it received
and accepted orders from Israeli institutional investors for a private placement of
2,525,252 ordinary shares at a price of $5.94 per share, the closing price of the shares
on the Nasdaq National Market on Wednesday April 26, 2006. These shares, together with
warrants which are exercisable into additional 1,262,626 ordinary shares at a price per
share of $6.83 during a period of four years, will be issued to the investors following
approval of registration for trading of the shares by the Tel Aviv Stock Exchange.

Mrs Ronit Dulberg Camteks CFO
commented, We are pleased with the successful and quick execution of the private
placement The Companys strong performance in recent quarters and the potential
future growth, enabled us to raise the funds from a position of strength.

Mr.
          Rafi Amit, Camteks CEO added, This offering is a testament to the
          confidence by the capital markets in Camtek future prospects. The addition of
          $15 million to our balance sheet positions us well to execute our growth plans.
          These plans aim at two main markets: the PCB market, our legacy business; and
          the semiconductor equipment market, in which we have become a leading player
          with the success of the Falcon. The trends we are seeing in the market and the
          acceptance of our products lead us to be optimistic about the future of the
          company and its growth prospects.

# ABOUT CAMTEK LTD.

With headquarters in Migdal
HaEmek Israel, Camtek Ltd., designs, develops, manufactures, and markets automatic
optical inspection systems and related products. Camteks automatic inspection
systems are used to enhance both production processes and yield for manufacturers in the
printed circuit board industry, the high density interconnect substrate industry and the
semiconductor manufacturing and packaging industry. This press release is available at
www.camtek.co.il.

This press release may contain
projections or other forward-looking statements regarding future events or the future
performance of the Company. These statements are only predictions and may change as time
passes. We do not assume any obligation to update that information. Actual events or
results may differ materially from those projected, including as a result of changing
industry and market trends, reduced demand for our products, the timely development of our
new products and their adoption by the market, increased competition in the industry,
price reductions as well as due to risks identified in the documents filed by the Company
with the SEC.

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|                         |                         |                                    
|------------------------ | ----------------------- | -----------------------------------
|CONTACT INFORMATION      |                         |                                    
|CAMTEK:                  | IR/PR ISRAEL            | IR INTERNATIONAL                   
|Ronit Dulberg, CFO       | Financial Communication | Ehud Helft / Kenny Green           
|Tel: +972-4-604-8308     | Noam Yellin             | GK International Investor Relations
|Fax: +972-4-604 8300     | Tel: +972 3 6954333     | Tel: (US) 1 866 704 6710           
|Mobile: +972-5-490-50776 | Fax: +972 544 246720    | kenny.green@gkir.com               
|ronitd@camtek.co.il      |                         | ehud.helft@gkir.com                



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Priortech sells Camtek shares to Israeli Institutional Investors

MIGDAL HA'EMEK,  Israel,  June 21,
2006- Camtek Ltd.  (Nasdaq:  CAMT,  TASE:  CAMT) announced that its major  shareholder,
Priortech,  sold 2,440,000 Camtek ordinary shares to a number of Israeli  institutional
 investors at a price of $6.13 per share,  the closing price on Nasdaq on Friday,  June
16.  Priortech also granted to the investors  options for four years, for an additional
1,220,000 shares at an exercise price of $7.05 per share.

The sale has  decreased  Priortech's
 holdings in Camtek to 63% of the issued share  capital.  On a fully  diluted  basis,
assuming the full exercise of all convertible  securities,  Priortech's  holdings
 decrease to 47% of the share capital of Camtek.

Ronit Dulberg,  CFO of Camtek said,
 "The sale of Priortech's  shares  increases the  public-float  and should improve the
liquidity of Camtek's  shares.  We see the broader public  ownership of Camtek's shares
as a positive  development for all shareholders."

Ms. Dulberg  concluded,  "The
Israeli  institutions  that purchased  shares are all long-term  focused  investors that
see significant  future  potential in Camtek.  Over the last few quarters we have seen
very strong  growth in our revenues and profitability.  We see the purchase of our shares
as another vote of  confidence  in our business and our  performance  by the  capital
 markets.  I  would  like  to  take  this  opportunity  to  welcome  these  institutional
 investors  as  our shareholders."

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ABOUT CAMTEK LTD. With headquarters
in Migdal Ha'Emek Israel, Camtek Ltd., designs, develops, manufactures, and markets
automatic optical inspection systems and related products. Camtek's automatic inspection
systems are used to enhance both production processes and yield for manufacturers in the
printed circuit board industry, the high density interconnect substrate industry and the
semiconductor manufacturing and packaging industry. This press release is available at
www.camtek.co.il.

This press release may contain
projections or other forward-looking statements regarding future events or the future
performance of the Company. These statements are only predictions and may change as time
passes. We do not assume any obligation to update that information. Actual events or
results may differ materially from those projected, including as a result of changing
industry and market trends, reduced demand for our products, the timely development of
our new products and their adoption by the market, increased competition in the industry,
price reductions as well as due to risks identified in the documents filed by the Company
with the SEC.

---

|                         |                         |                                    
|------------------------ | ----------------------- | -----------------------------------
|CONTACT INFORMATION      |                         |                                    
|CAMTEK:                  | IR/PR ISRAEL            | IR INTERNATIONAL                   
|Ronit Dulberg, CFO       | Financial Communication | Ehud Helft / Kenny Green           
|Tel: +972-4-604-8308     | Noam Yellin             | GK International Investor Relations
|Fax: +972-4-604 8300     | Tel: +972 3 6954333     | Tel: (US) 1 866 704 6710           
|Mobile: +972-54-905-0776 | Fax: +972 544 246720    | kenny.green@gkir.com               
|ronitd@camtek.co.il      |                         | ehud.helft@gkir.com                



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