Published: August 30, 2010
Partner Communications Announces Dividend Distribution of NIS 1.87 Per Share for the Second Quarter of 2010
ROSH HA'AYIN, Israel - (BUSINESS WIRE) - Partner Communications Company Ltd. ("Partner" or "the Company")
(Nasdaq:PTNR)(TASE:PTNR), a leading Israeli communications operator,
announced today that its Board of Directors approved the distribution of
a dividend for the second quarter of 2010 of NIS 1.87 (US 48 cents) per
share or ADS (in a total of approximately NIS 290 million or US$ 75
million) to shareholders and ADS holders of record on September 20,
2010. The dividend is expected to be paid on October 5, 2010.
Forward-Looking Statements
This press release includes forward-looking statements within the
meaning of Section 27A of the US Securities Act of 1933, as amended,
Section 21E of the US Securities Exchange Act of 1934, as amended, and
the safe harbor provisions of the US Private Securities Litigation
Reform Act of 1995. Words such as "believe", "anticipate", "expect",
"intend", "seek", "will", "plan", "could", "may", "project", "goal",
"target" and similar expressions often identify forward-looking
statements but are not the only way we identify these statements. All
statements other than statements of historical fact included in this
press release regarding our future performance, plans to increase
revenues or margins or preserve or expand market share in existing or
new markets, reduce expenses and any statements regarding other future
events or our future prospects, are forward-looking statements.
We have based these forward-looking statements on our current knowledge
and our present beliefs and expectations regarding possible future
events. These forward-looking statements are subject to risks,
uncertainties and assumptions about Partner, consumer habits and
preferences in cellular telephone usage, trends in the Israeli
telecommunications industry in general, the impact of current global
economic conditions and possible regulatory and legal developments. For
a description of some of the risks we face, see "Item 3D. Key
Information - Risk Factors", "Item 4. - Information on the Company",
"Item 5. - Operating and Financial Review and Prospects", "Item 8A. -
Consolidated Financial Statements and Other Financial Information -
Legal and Administrative Proceedings" and "Item 11. Quantitative and
Qualitative Disclosures about Market Risk" in the Company's 2009 Annual
Report (20-F) filed with the SEC. In light of these risks, uncertainties
and assumptions, the forward-looking events discussed in this press
release might not occur, and actual results may differ materially from
the results anticipated. We undertake no obligation to publicly update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
The convenience translations of the Nominal New Israeli Shekel (NIS)
figures into US Dollars were made at the rate of exchange prevailing at
June 30, 2010: US $1.00 equals NIS 3.875. The translations were made
purely for the convenience of the reader.
About Partner Communications
Partner Communications Company Ltd. ("Partner") is a leading Israeli
provider of telecommunications services (cellular, fixed-line telephony
and internet services) under the orange brand. The Company provides
mobile communications services to over 3 million subscribers in Israel.
Partner's ADSs are quoted on the NASDAQ Global Select Market and its
shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).
Partner is an approximately 45%-owned subsidiary of Scailex Corporation
Ltd. ("Scailex"). Scailex's shares are traded on the Tel Aviv Stock
Exchange under the symbol SCIX and are quoted on "Pink Quote" under the
symbol SCIXF.PK. Scailex currently operates in two major domains of
activity in addition to its holding in Partner: (1) the sole import,
distribution and maintenance of Samsung mobile handset and accessories
products primarily to the major cellular operators in Israel (2)
management of its financial assets.
For more information about Scailex, see http://www.scailex.com.
For more information about Partner, see http://www.orange.co.il/investor_site.

Partner Communications Company Ltd.
Mr. Emanuel Avner
Chief
Financial Officer
Tel: +972-54-7814951
Fax: +972-54-7815961
E-mail:
emanuel.avner@orange.co.il
or
Mr.
Oded Degany
V. P. Corporate Development, Regulation and IRO
Tel:
+972-54-7814151
Fax: +972-54-7814161
E-mail:
oded.degany@orange.co.il
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