Tel Aviv, September 27, 2017. Delek Group (TASE: DLEKG, US ADR: DGRLY) ('the Company') announces that following the Company's announcement of its takeover of Ithaca Energy Inc. in February 2017, S&P's Maalot rating agency and Midroog re-affirmed the credit rating of the bonds issued by the Company at ilA and A2.il, respectivcely, and both reaffirmed the stable rating outlook.

Please see attached the English version of the full reports issued by S&P Maalot and Midroog.

This is a convenience translation of the original HEBREW immediate report issued to the Tel Aviv Stock Exchange by the Company on September 19, 2017.

About The Delek Group

Delek Group is an independent E&P and the pioneering visionary behind the development of the East Mediterranean with major finds in the Levant Basin, including the Leviathan (21.4 TCF) and Tamar (11.2 TCF) reservoirs and others, Delek is leading the region's development into a major natural gas export hub. In addition, Delek has embarked on an international expansion with a focus on high-potential opportunities in the North Sea and North America. Delek Group is one of Israel's largest and most prominent companies with a consistent track record of growth. Its shares are traded on the Tel Aviv Stock Exchange (TASE:DLEKG) and are part of the TA 35 Index.

For more information on Delek Group please visit www.delek-group.com

Contact

Investors

Dina Vince
Head of Investor Relations
Delek Group Ltd.
Tel: +972 9 863 8444
investor@delek-group.com

Delek Group Ltd. published this content on 27 September 2017 and is solely responsible for the information contained herein.
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