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# UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549

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Form 20-F/A

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# (Amendment No. 1)

|o | REGISTRATION
STATEMENT PURSUANT TO SECTION 12(b) or (g) OF THE SECURITIES EXCHANGE ACT OF 1934
|- | ----------------------------------------------------------------------------------------------

OR

|x | ANNUAL
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|- | ------------------------------------------------------------------------------------

For the fiscal year ended December 31, 2007

OR

|o | TRANSITION
REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|- | ----------------------------------------------------------------------------------------

OR

|o | SHELL
COMPANY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|- | -------------------------------------------------------------------------------------------

# Commission File Number
000-30668

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NOVA MEASURING
INSTRUMENTS LTD.(Exact name of
Registrant as specified in its charter)

|                                                |                                                
|----------------------------------------------- | -----------------------------------------------
|
|
|
|
|Nova Measuring Instruments Ltd.                 | Israel                                         
|(Translation of Registrant's name into English) | (Jurisdiction of incorporation or organization)

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Weizmann Science Park,
Einstein St., Building 22, 2nd Floor, Ness-Ziona, Israel(Address of principal
executive offices)

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Dror David,
+972-8-9387572, +972-8-9407776, P.O.B 266, Rehovot 76100, Israel (Name, Telephone, E-mail and/or Facsimile number and Address of the Registrant's Contact Person)

Securities
registered or to be registered pursuant to Section 12(b) of the Act.

|                                                  |                                          
|------------------------------------------------- | -----------------------------------------
|
|
|
|
|Title of each class                               | Name of each exchange on which registered
|Ordinary Shares, nominal value NIS 0.01 per share | The Nasdaq Global Market                 

Securities
registered or to be registered pursuant to Section 12(g) of the Act:

# None

Securities for
which there is a reporting obligation pursuant to Section 15(d) of the Act:

# None

Indicate the number of outstanding
shares of each of the issuers classes of capital or common stock as of the close of
the period covered by the annual report: 19,369,418 Ordinary Shares, NIS 0.01 nominal
(par) value per share, as of December 31, 2007, of which 2,229 Ordinary Shares held by the
Registrant which have no voting or equity rights.

Indicate by check mark if the
registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

# Yes o No x

If this report is an annual or
transition report, indicate by check mark if the registrant is not required to file
reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

# Yes o No x



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Indicate by check mark whether the
registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period
that the registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.

# Yes x No o

Indicate by check mark whether the
registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer.
See definition of accelerated filer and large accelerated filer in Rule 12b-2
of the Exchange Act. (Check one):

Large accelerated filer o
Accelerated filer o
Non-accelerated filer x

Indicate by check mark which basis
of accounting the registrant has used to prepare the financial statements included in this
filing:

# U.S. GAAP x

International Financing Reporting Standards as issued by the International Accounting Standards Board o

# Other o

If Other has been
checked in response to the previous question, indicate by check mark which financial
statement item the registrant has elected to follow:

# Item 17 o Item 18 o

If this is an annual report,
indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2
of the Exchange Act).

# Yes o No x



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# EXPLANATORY NOTE

This
Amendment No. 1 on Form 20-F/A (the Amendment) to our annual report on
Form 20-F for the fiscal year ended December 31, 2007, as filed with the Securities and
Exchange Commission (the Commission) on March 28, 2008 (the Form
20-F), is being filed solely for the purpose of furnishing a revised consent of
Brightman Almagor & Co. as Exhibit 15.1 that includes a reference to our
registration statement on Form F-3 filed with the Commission on May 11, 2007, which was
inadvertently omitted from the consent filed with the Form 20-F.

Therefore,
this Amendment consists of a cover page, this explanatory note, a revised list of exhibits
(Item 19 of Part III), a signature page and the revised Exhibit 15.

This
Amendment speaks as of the date of the initial filing of the Form 20-F. Other than as
described above, this Amendment does not, and does not purport to, amend, update or
restate any other information or disclosure included in the Form 20-F and does not, and
does not purport to, reflect any events that have occurred after the date of the initial
filing of the Form 20-F. As a result, our Annual Report on Form 20-F for the fiscal year
ended December 31, 2007, as amended by this Amendment, continues to speak as of the
initial filing date of the Form 20-F.



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# PART III

# Item 19. EXHIBITS.

See
Exhibit Index.



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# SIGNATURES

The
registrant hereby certifies that it meets all of the requirements for filing on Form 20-F
and has duly caused and authorized the undersigned to sign this Amendment No .1 to the
annual report on its behalf.

| |  | NOVA MEASURING INSTRUMENTS LTD.By: /s/ Gabi Seligsohn
Gabi SeligsohnPresident and Chief Executive Officer
| |  | -----------------------------------------------------------------------------------------------------------------------

Date: April 9, 2008



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EXHIBIT INDEX

|ExhibitNumber | Description
|------------- | -----------

|1.1 |  | Articles
of Association, as amended (incorporated by reference to Exhibit 1.1 to the Company's
               Annual Report on Form 20-F filed on May 11, 2007).
|--- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.1 |  | 1997
Stock Option Plan (Plan 2) (incorporated by reference to Exhibit 10.1 to the Company's
Registration Statement on Form F-1 (File No. 333-11640)).
|--- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------

|4.2 |  | Option
Plan 3 (incorporated by reference to Exhibit 10.2 to the Company's Registration Statement
on Form F-1 (File No. 333-11640)).
|--- |  | -----------------------------------------------------------------------------------------------------------------------------------

|4.3 |  | Option
Plan 4A and 4B (incorporated by reference to Exhibit 10.3 to the Company's Registration
Statement on Form F-1 (File No. 333-11640)).
|--- |  | -------------------------------------------------------------------------------------------------------------------------------------------

|4.4 |  | Option
Plan 5 (incorporated by reference to Exhibit 4.4 to the Company's Annual Report for 20-F
for 2002 filed May 9, 2002).
|--- |  | ----------------------------------------------------------------------------------------------------------------------------

|4.5 |  | Option
Plan 6 (incorporated by reference to Exhibit 4.1 to the Company's Registration Statement
on Form S-8 filed December 24, 2002 (File No. 333-102193)).
|--- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------

|4.6 |  | Employment
Agreement between Nova and Giora Dishon (incorporated by reference to Appendix A to
Exhibit 99.1 to the Company's Report on Form 6-K filed October 26, 2006).
|--- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.7 |  | Employment
Agreement between Nova and Moshe Finarov (incorporated by reference to Appendix A to
Exhibit 99.1 to the Company's Report on Form 6-K filed October 26, 2006).
|--- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.8 |  | Agreements
between Nova and the Office of the Chief Scientist in Israel (incorporated by reference
to Exhibit 10.10 to the Company's Registration Statement on Form F-1 (File No.
333-11640)).
|--- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.9 |  | Certificate
of Approval from the Investment Center in Israel (incorporated by reference to exhibit
10.11 to the Company's Registration Statement on Form F-1 (File No. 333-11640)).
|--- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.10* |  | Summary
of Lease Agreements between Nova and Ef-Shar Ltd.
|----- |  | ---------------------------------------------------------

|4.11 |  | Employee
Stock Purchase Plan 1 (incorporated by reference to Exhibit 4.1 to the Company's
Registration Statement on Form S-8 filed on March 24, 2003 (File No. 33-103981)).
|---- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.12 |  | Letter
of Indemnification and Exculpation for certain directors, officers and/or employees
(incorporated by reference to Appendix C to the Company's Report on Form 6-K filed on
July 7, 2006).
|---- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.13 |  | Option
Plan 7A (incorporated by reference to Exhibit 4.1. to the Company's Registration
Statement on Form S-8 filed on May 17, 2004 (File No. 333-115554)).
|---- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------

|4.14 |  | Option
Plan 7B (incorporated by reference to Exhibit 4.1 to the Company's Registration Statement
on Form S-8 filed on March 7, 2005 (File No. 333-123158).
|---- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------

|4.15 |  | Amended
and Restated Asset Purchase Agreement dated as of August 8, 2006 by and among the
Company, HyperNex, Inc. and the Stockholders listed on Schedule 4(a) therein
(incorporated by reference to Exhibit 4.16 to the Company's Annual Report on Form 20-F
filed on May 11, 2007).
|---- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.16 |  | Option
Plan 7C (incorporated by reference to Exhibit 4.20 of the Company's Annual Report on Form
20-F filed on June 29, 2006).
|---- |  | ------------------------------------------------------------------------------------------------------------------------------

|4.17 |  | Option
Plan 8 (incorporated by reference to Exhibit 4.1 to the Company's Registration Statement
on Form S-8 filed on December 29, 2005 (File No. 333-130745).
|---- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.18 |  | Share
Purchase Agreement, dated as of February 28, 2007, by and between the Company and the
investors identified on the signature pages thereto, including the form of warrant
(incorporated by reference to Exhibit 4.19 to the Company's Annual Report on Form 20-F
filed on May 11, 2007).
|---- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.19 |  | 2007
Incentive Plan (incorporated by reference to Exhibit 99.1 to the Company's Registration
Statement on Form S-8 filed on November 5, 2007 (File No. 333-147140)).
|---- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------

|8.1 |  | List
of Subsidiaries (incorporated by reference to Exhibit 8 of the Company's Annual Report on
Form 20-F filed on June 29, 2006).
|--- |  | ---------------------------------------------------------------------------------------------------------------------------------

|12.1* |  | Certification
required by Rule 13a-14(a) of the Securities Exchange Act of 1934, as amended.
|----- |  | --------------------------------------------------------------------------------------------

|12.2* |  | Certification
required by Rule 13a-14(a) of the Securities Exchange Act of 1934, as amended.
|----- |  | --------------------------------------------------------------------------------------------

|13.1* |  | Certification
Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
|----- |  | ------------------------------------------------------------------------

|13.2* |  | Certification
Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
|----- |  | ------------------------------------------------------------------------

|15.1** |  | Consent
of Brightman Almagor & Co.
|------ |  | ----------------------------------

|* | Previously
filed with the original Form 20-F, filed with the Commission on March 28, 2008
|- | -----------------------------------------------------------------------------------------

|** | Filed
herewith.
|-- | ---------------



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