23.03.2006 09:30:00
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Partner Communications Announces Dividend Record Date
The ordinary shares represented by the ADSs will be entitled tothe full amount of the cash dividend declared.
The Extraordinary General Meeting of the Company's shareholdersalso approved the appointment of Dr. Michael Anghel to its Board ofDirectors. Dr. Anghel will serve as an External Director.
From 1977 to 1999, Dr. Anghel led the activities of DiscountInvestment Corporation Ltd. (of the IDB Group) in the fields oftechnology and communications. Dr. Anghel was instrumental in foundingTevel, one of the first Israeli cable television operators and laterin founding Cellcom - the second Israeli cellular operator. In 1999 hefounded CAP Ventures, an advanced technology investment company.During 2004, Dr. Anghel served as CEO of DCM. He has been involved invarious technology enterprises and has served on the boards of variousmajor Israeli corporations and financial institutions including Elron,Elbit, Nice, Gilat, American Israeli Paper Mills, Maalot (the Israeliaffiliate of Standard and Poor's) and Hapoalim Capital Markets. Hecurrently serves on the boards of Syneron Medical Ltd., Orbotech Ltd.,Powerdsine Ltd., and Scopus Ltd. Prior to launching his businesscareer, Dr. Anghel served as a full-time member of the RecanatiGraduate School of Business Administration of the Tel Aviv University,where he taught finance and corporate strategy. He currently serves asChairman of the Tel Aviv University's Executive Program, which heoriginally helped to found. Dr. Anghel holds a B.A. (Economics) fromthe Hebrew University in Jerusalem and an M.B.A. and Ph.D. (Finance)from Columbia University in New York.
Mr. Canning Fok, the Chairman of the Board of Partner, wished Dr.Anghel success in his new role.
About Partner Communications
Partner Communications Company Ltd. ("Partner") is a leadingIsraeli mobile communications operator providing GSM/ GPRS/ UMTSservices and wire free applications under the orange(TM) brand. TheCompany commenced full commercial operations in January 1999 and,through its network, provides quality service and a range of featuresto 2.529 million subscribers in Israel. Partner subscribers can useroaming services in 163 destinations using 349 GSM networks. TheCompany launched its 3G service in 2004. Partner's ADSs are quoted onNASDAQ under the symbol PTNR and on the London Stock Exchange underthe symbol PCCD. Its shares are quoted on the Tel Aviv Stock Exchangeunder the symbol PTNR.
Partner is a subsidiary of Hutchison TelecommunicationsInternational Limited (Hutchison Telecom). Hutchison Telecom is aleading listed telecommunications operator (SEHK: 2332; NYSE: HTX)focusing on dynamic markets. It currently offers mobile and fixed-linetelecommunication services in Hong Kong, and operates or is rollingout mobile telecommunication services in India, Israel, Macau,Thailand, Sri Lanka, Ghana, Indonesia and Vietnam.
For more information about Partner, seewww.investors.partner.co.il
This release may contain forward-looking statements, which aremade pursuant to the safe harbor provisions of the United StatesPrivate Securities Litigation Reform Act of 1995, as amended to date.These forward-looking statements involve risks and uncertainties. Anumber of important factors could cause actual results to differmaterially from those in the forward-looking statements containedherein. These factors which could cause actual results to differmaterially are discussed in more detail in Partner's filings with theUnited States Securities and Exchange Commission (available atwww.sec.gov) and other regulatory agencies.
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