Delek Group Responds to Media Report on Floatation of Delek, Israel Fuel Corp.

March 18, 2007 at 12:00 AM EDT

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Tel Aviv, March 18th 2007, Delek Group (TASE: DLEKG) clarifies, in response to a media report published in the Israeli media, that its subsidiary, Delek, the Israel Fuel Corporation Ltd., has notified the Company that it is examining the possibility of listing its share’s for trading on the Tel Aviv Stock Exchange, and that it has not yet determined the scale of the offering, and its date, and that there is no certainty that the above mentioned transaction will actually occur.


Dalia Black

Head of Investor Relations
Delek Group
Tel: +972 9 863 8444

Ehud Helft / Kenny Green

International Investor Relations
GK Investor Relations
Tel: (US) 1 866 704 6710 / (UK) 0871 474 1218