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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Petition to the High Court on 353/Eran License

Tel Aviv, Tuesday, November 17, 2014. With regard to the appeal submission to the Minister of National Infrastructures, Energy and Water recourses (the "appeal" and "Energy Minister", respectively), on the decision of the Petroleum Commissioner of Energy and Water Resources ("the Commissioner") and further to Energy Minister's decision to reject the appeal, Delek Group gas subsidiaries announce that on November 17, 2014, Eran partners, including the gas partnerships, filed a petition to the High Court. The petition mainly includes the application for a conditional order against the respondent, instructing them to explain the reasoning behind not canceling the Energy Minister's decision which rejected the appeal.

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