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 of Block 12 License in Cyprus

Tel Aviv, August 25, 2013. Delek Group's gas subsidiaries published today an immediate report with regard to the expiry date of the first extension period of Block 12 license in Cyprus. On August 23, 2013, received Noble Energy International Ltd (the Operator) a message from the Minister of Energy in Cyprus on the decision of the Cyprus Council of Ministers to approve the postponement of the end of the first extension period for seven months, until May 23, 2014.

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

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