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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Update with regard to Licenses

Tel Aviv, Tuesday, January 20, 2015. Delek Group's gas subsidiaries announced that the Petroleum Commissioner of Energy and Water Resources ("the Commissioner") announced its decision to the partners of the Hannah/351 license extending the validity of the licenses until March 14, 2015, to complete the examination of the data on the existence of a discovery, in accordance to the Petroleum Law – 1952, in the Hannah license area.

The Commissioner has also announced that he has decided to extend the validity of Alon D/367 license until March 31, 2015.

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

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