Gas Subsidiaries Update

The following updates are based on information released by Delek Group gas subsidiaries, Delek Energy Systems Ltd., Avner Oil & Exploration L.P and Delek Drilling L.P. All financial and business information is given only for the convenience of the reader. The only official financial and business information, is that which is included in the officially published immediate reports and financial reports of Delek Group and its gas subsidiaries, to the Israeli Securities Authority and the Tel Aviv Stock Exchange, in Hebrew. In the event of any conflict between financial and business information given on this site and the Hebrew published immediate reports, the Hebrew published immediate reports shall prevail. More on Delek Group's disclaimer.

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Mashav Chooses Not to Exercise its Right to Reduce to 40% the Quantity of Natural Gas Supplied

Tel Aviv, Sunday, 3 June 2012. Following on from the immdeiate report dated February 12, 2012, with regard to the agreement for the supply of natural gas that was signed by the Tamar Partners with Mashav Initiation & Development Ltd, Mashav decided not to exercise the right to reduce to 40% the quantity supplied to it.

For more information please see the immediate reports as published on TASE.

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