News Release

Immediate Report

Notice from B Communications

Tel Aviv, Israel – May 2, 2019 – Bezeq The Israel Telecommunication Corp., Ltd. (TASE: BEZQ), announced today that the Company received notice from B Communications ("BCOM"), the controlling shareholder in the Company, that it had received the attached "proposal for an investment in BCOM".

_{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.}