This issue was never released. Almost all coins were melted down. Only three are known to exist.
Olive wreath around a central hole. Around that inscription (פלשתינה (א"י PALESTINE فلسطين (Palestine in English, Hebrew and Arabic). Below that, the date in international and Arab numerals.
The value, מילים 5 MILS ٥ ملات, in English, Hebrew and Arabic around a central hole.