Internet Gold - Golden Lines Ltd. (OTCPK:IGLD.F) announced that the company has been exploring potential strategic alternatives. These alternatives include the acquisition of a new business in consideration for Company's shares or a sale of the Company as a shell company. Such a transaction will likely be subject to an approval by the Israeli court as part of a creditors’ arrangement. There can be no assurance that the exploration of strategic alternatives will result in any transaction being entered into or consummated or, if a transaction is undertaken, as to its terms, structure or timing.