Partner Communications Announces Completion of Acquisition of Transmission Activity of IC-1

Partner Communications Company Ltd.
(Nasdaq:PTNR)(LSE:PCCD)(TASE:PTNR) announced today that it has
completed the acquisition of the transmission activity of MED1 I.C.-1
(1999) LTD, including approximately 900 kilometers of transmission
fiber, for cash consideration of approximately US$15 million.

About Partner Communications

Partner Communications Company Ltd. (Partner) is a leading Israeli
mobile communications operator providing GSM/ GPRS/ UMTS services and
wire free applications under the orange(TM) brand. The Company
commenced full commercial operations in January 1999 and, through its
network, provides quality service and a range of features to over
2.560 million subscribers in Israel. Partner subscribers can use
roaming services in 163 destinations using 353 GSM networks. The
Company launched its 3G service in 2004. Partner's ADSs are quoted on
NASDAQ under the symbol PTNR and on the London Stock Exchange under
the symbol PCCD. Its shares are quoted on the Tel Aviv Stock Exchange
under the symbol PTNR.
Partner is a subsidiary of Hutchison Telecommunications
International Limited (Hutchison Telecom). Hutchison Telecom is a
leading listed telecommunications operator (SEHK: 2332; NYSE: HTX)
focusing on dynamic markets. It currently offers mobile and fixed-line
telecommunication services in Hong Kong, and operates or is rolling
out mobile telecommunication services in India, Israel, Macau,
Thailand, Sri Lanka, Ghana, Indonesia and Vietnam.
For more information about Partner, see
www.investors.partner.co.il

This release may contain forward-looking statements, which are
made pursuant to the safe harbor provisions of the United States
Private Securities Litigation Reform Act of 1995, as amended to date.
These forward-looking statements involve risks and uncertainties. A
number of important factors could cause actual results to differ
materially from those in the forward-looking statements contained
herein. These factors which could cause actual results to differ
materially, are discussed in more detail in Partner's filings with the
United States Securities and Exchange Commission (available at
www.sec.gov) and other regulatory agencies.