Delek Real Estate & Delek, Israel Fuel Corp. Complete Acquisition of RoadChef

April 1, 2007 at 12:00 AM EDT

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Tel Aviv, April 1st, 2007. Delek Group (TASE: DLEKG) announces that following on from the press release of March 4th 2007, that a Foreign Company owned by Delek Belron International Ltd. (75%) and “Delek,” Israeli Fuel Corp. Ltd. (25%), (“Foreign Company”) completed on March 30th 2007, acquisition of all of the rights in the English company that holds 29 service stations on the side of motorways, under the brand name “RoadChef”.

The agreement is funded through a loan from Merrill Lynch, a total of 150 million pounds sterling (“Loan Amount”), nominated to the Foreign Company through two separate loans – the first representing 25% of the Loan Amount, is under the guarantee of the Delek Group and “Delek”, Israel Fuel Corp. Ltd. (fully owned subsidiary of the Delek Group). The second, that represents 75% of the Loan Amount, is under the guarantee of Delek Real Estate Ltd. (68% owned subsidiary of the Delek Group) and Delek Belron International Ltd. (fully owned subsidiary of Delek Real Estate Ltd.)


Dalia Black

Head of Investor Relations
Delek Group
Tel: +972 9 863 8444

Ehud Helft / Kenny Green

International Investor Relations
GK Investor Relations
Tel: (US) 1 866 704 6710 / (UK) 0871 474 1218
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