Delek Infrastructure to Build Power Stations in Brazil

April 4, 2007 at 12:00 AM EDT

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Tel Aviv, April 4th 2007. Delek Group (DLEKG.TA) the Company announces that Delek Infrastructure Ltd. (a fully owned subsidiary of the Company herein, “Delek Infrastructure”), has agreed within an agreement with third parties to build power stations with a capacity of approximately 140 MW, at an estimated cost of $50 million (US dollar) in Bgoyanya, Brazil.
Delek Infrastructure’s own approximately 35% in the project. The agreement is dependant on the completion of conditions as agreed between the parties. Delek Infrastructures intends to check the option of building additional power stations in Brazil.

Contact

Dalia Black

Head of Investor Relations
Delek Group
Tel: +972 9 863 8444
Email: black_d@delek.co.il

Ehud Helft / Kenny Green

International Investor Relations
GK Investor Relations
Tel: (US) 1 866 704 6710 / (UK) 0871 474 1218
E-mail: ehud@gk-biz.com / kenny@gk-biz.com