Exhibit 99.3 AGREEMENT FOR THE SALE OF HOLDINGS ENTERED INTO AND SIGNED IN TEL AVIV ON JUNE 22, 2003 BETWEEN: CO-OP BLUE SQUARE SERVICES ASSOCIATION LTD. Cooperative Society No. 57-000446-5 of 11 Tuval St., Ramat Gan 52522 ("SELLER" or "ASSOCIATION")Agreement for the Sale of Holdings • July 7th, 2003 • Blue Square Israel LTD /Adr/ • Retail-department stores
