Q1 2008 Earnings Conference Call

May 22, 2008 at 9:00 AM EDT

Bezeq will conduct a conference call hosted by Mr. Shlomo Rodav, Bezeq Chairman and Mr. Alan Gelman, Bezeq Chief Financial Officer and Deputy CEO, on Thursday, May 22, 2008, at 4:00 PM Israel Time / 1:00 PM Greenwich Mean Time / 9:00 AM Eastern Time. Participants are invited to join the live conference call by dialing:

North America    Phone Number: + 1 – 877 – 407 – 0778
International Phone Number: + 1 – 201 – 689 – 8565

An automated telephone replay will also be available approximately two hours after the completion of the live call through Thursday, May 29, 2008.  Participants are invited to listen to the conference call replay by dialing:

North America  Phone Number:  + 1 – 877 – 660 – 6853
International  Phone Number:  + 1 – 201 – 612 – 7415

Replay Passcodes (both required for playback):

Account #: 286

Conference ID #: 283609

Live Teleconference Information

Primary # -
Secondary # -

Replay Teleconference Information

Start Date -
May 22, 2008 at 11:00 AM EDT
Primary # -
Secondary # -
Passcode -
286#
Conference ID: 283609#
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