4Q 2006 Earnings Date Announcement

April 21, 2016

Immediate Report

Notification regarding the results of a public issuance according to the shelf offer report from April 19, 2016

The Company is pleased to hereby announce the results of the issuance of bonds (Series 9) of the Company, according to the Shelf Offer Report of the Company from April 19, 2016 ("The Shelf Offer Report"), published according to the Shelf Prospectus of the Company from May 30, 2014 ("The Shelf Prospectus").

The bonds (Series 9) of the Company were offered in a Series executed on April 20, 2016.

Details regarding the results of the Series regarding the bonds (Series 9) ("Series 9") are as follows:

  1. According to the shelf offer, the Company has offered to the public Company bonds of a nominal value of up to NIS 800,000,000 (Series 9), registered and unlinked (principal and interest) to any linkage base ("Bonds (Series 9)"). The Bonds (Series 9) were offered to the public at a quantity of 800,000 units, from which the composition of each unit is NIS 1,000 nominal value bonds (Series 9) ("Units 9") in a uniform offer, by way of a unit price tender that shall not be less than NIS 1,077, all of which as detailed in the shelf offer report.

  2. The Series 9 offer has not been secured by underwriting.

  3. Classified investors undertook in advance commitments to submit purchase applications for the purchase of 713,572 Units 9, in the quantities and unit prices as detailed in the shelf offer report.

  4. The list of subscriptions for the purchase of bonds (Series 9) offered to the public, was opened on Wednesday, April 20, 2016, and was closed on the same day.

  5. The results of the Tender 9 are as follows:

    1. 86 orders, for the purchase of 714,050 Units 9, have been received in the tender.

    2. From the orders received, 83 orders for the purchase of 713,572 Units 9 were received from classified investors, as mentioned in section 3 above, and 3 orders for the purchase of 478 Units 9, were received from the public.

    3. The price for Unit 9, as set in the tender, is NIS 1,077 ("The Determined Unit Price").

    4. According to the results of tender 9, 714,050 Units 9 were allocated, all of which according to the provisions of section 2.8.4 of the shelf prospectus, and as follows:

      1. Seventy seven orders from classified investors for the purchase of 669,642 Units 9, in which the price mentioned was higher than the determined unit price - accepted in full.

      2. One order from the public for the purchase of 100 Units 9, in which the price mentioned was higher than the determined unit price - accepted in full.

      3. Six orders from classified investors for the purchase of 43,930 Units 9, in which the price mentioned was the same as the determined unit price - accepted in full.

      4. Two orders from the public for the purchase of 378 Units 9, in which the price mentioned was the same as the determined unit price - accepted in full.

      5. The bonds (Series 9) were issued without discount.

      6. The total consideration (gross) to be received by the Company for the bonds (Series 9) that will be allocated according to the shelf offer report, is approximately NIS 769 million.

        7. The above information constitutes a translation of the Immediate Report published by the Company. The Hebrew version was submitted by the Company to the relevant authorities pursuant to Israeli law, and represents the binding version and the only one having legal effect. This translation was prepared for convenience purposes only.

      Bezeq Israel Telecom Ltd. issued this content on 21 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 May 2016 00:53:05 UTC. Original document available at http://phx.corporate-ir.net/external.file?t=2&item=o8hHt16027g9XhJTr8+weNRYaV9bFc2rMd0Q/AXw4zuDV8PxOyESDxlW7hJ45F93qRS+5ARhJ5xsSHcwqiK4RWGq1looKoNciMbUgVpKHdWwyuf16jkG/bP0pRh6UVhtth668imjjfJG+djhQwrd7g==&cb=635977461139826496