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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Extension to Tamar Bridge Loans - Sunday, 24 June 2012

Tel Aviv, June 24, 2012. The limited Partnerships, Delek Drilling and Avner Oil & Exploration, have extended the non-recourse bridge loans issued on June 24th, 2010 by HSBC Plc and Barclays Bank Plc, for the amounts of US$190 million each until September 24th, 2012, or until the closing of the Financing Agreement that was signed between the Partnerships and a consortium of eleven foreign and local banks headed by HSBC Bank Plc and Barclays Bank Plc on April 20, 2012.

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

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