Update with Regards to I/14 Leviathan South and I/15 Leviathan North Leases

January 7, 2016 at 8:51 AM EST

Tel Aviv, January 7, 2016. Delek Group (TASE: DLEKG, US ADR: DGRLY) (“the Company”) announces that Avner Oil Exploration Limited Partnership and Delek Drilling Limited Partnership (“the Partnerships) have issued an update that as part of their activities to implement the Government Gas Outline Plan, they are conducting negotiations and/or contacts with their partners in the Leviathan project, at various different stages, to market natural gas from the Leviathan project to potential consumers in the local market, including private electricity producers and industrial consumers, in accordance with the prices for natural gas and agreement periods as set out in the Gas Outline Plan.

For more information please see the immediate reports as published on TASE:
 http://maya.tase.co.il/bursa/report.asp?report_cd=1013626