Delek Group Announces Consolidated Results for the First Quarter of 2007 Second Quarter and First Six Months of 2008

August 31, 2008 at 12:00 AM EDT

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Tel Aviv, August 29, 2008 - Delek Group Ltd. (TASE: DLEKG.TA) (hereinafter: "Delek Group" or “The Group") announced today its results for the three and sixth month period ending June 30, 2008. The full financial statements are available in English on Delek Group’s website at: www.delek-group.com.

On January 1, 2008, the Group adopted the IFRS Accounting Standards, and the comparable data for the first six months of 2007 have been restated in accordance with IFRS principals. Additional information with regard to the changes between the previous and new accounting standards can be found in the full first quarter financial statements.