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 Regards to I/14 Leviathan South and I/15 Leviathan North Leases

Tel Aviv, January 7, 2016. Delek Group (TASE: DLEKG, US ADR: DGRLY) (“the Company”) announces that Avner Oil Exploration Limited Partnership and Delek Drilling Limited Partnership (“the Partnerships) have issued an update that as part of their activities to implement the Government Gas Outline Plan, they are conducting negotiations and/or contacts with their partners in the Leviathan project, at various different stages, to market natural gas from the Leviathan project to potential consumers in the local market, including private electricity producers and industrial consumers, in accordance with the prices for natural gas and agreement periods as set out in the Gas Outline Plan.

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

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