News Release

Tel Aviv, Israel – June 3, 2018 – Bezeq The Israel Telecommunication Corp., Ltd. (TASE: BEZQ), announced that its subsidiary, Bezeq International, reported that the New Histadrut Labor Federation - the Internet and High-Tech Workers’ Union has given it a notice of a declared labor dispute under the Settlement of Labor Disputes Law, 5757-1957 and a strike beginning on June 15, 2018 (the “Notice”).

According to the Notice, the disputed issues are the intention to make organizational and structural changes in Bezeq International, including merger and consolidation of activities etc, with Bezeq or with Bezeq’s subsidiaries, the demand of the employees’ representatives to be given details and information about any planned organizational and structural changes, and a demand to conduct negotiations to sign a collective agreement to regulate the rights of Bezeq International’s employees, including the issue of a safety net following these organizational and structural changes.

At this stage, Bezeq and Bezeq International are unable to estimate the implications derived from the Notice.

The above information constitutes a translation of the Immediate Report published by the Company. The Hebrew version was submitted by the Company to the relevant authorities pursuant to Israeli law, and represents the binding version and the only one having legal effect. This translation was prepared for convenience purposes only.