News Release

Immediate Report

Removal of the issue of an increase in registered capital from the agenda of the general meeting

Tel Aviv, Israel – April 8, 2019 – Bezeq The Israel Telecommunication Corp., Ltd. (TASE: BEZQ), announced that further to the immediate report of the Company dated March 28, 2019, as well as the description in section 2.13.7 of the Description of the Corporation's Business in the Company's Periodic Report for 2018 from that day), in connection with the approval of the Company's Board of Directors to convene a general meeting for which the agenda will include the  approval of the increase of the Company's registered share capital as a preliminary step towards raising potential capital for the Company through a rights offering, as well as the report from that date on the convening of a general meeting of shareholders of the Company (hereinafter: "the General Meeting"), for which the agenda is, among other things, an increase in said capital, the Company hereby reports that on April 8, 2019, the Company's Board of Directors decided, in light of the discussions with its shareholders and as a response to their requests, that the issue of the increase in registered capital will be removed from the agenda of the General Meeting. The Company will publish an amendment to the shareholder report in accordance with the aforesaid in the coming days.

_{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.}