Partner Communications Company Ltd. (Nasdaq:PTNR)
(LSE:PCCD) (TASE:PTNR) announced today that further to its
announcement on May 15, 2006, the Board of Directors has approved the
distribution of cash dividend in the amount of NIS 0.45 per share,
totaling approximately NIS 70 million. The dividend will be paid to
shareholders of record on June 6, 2006. The Company will pay dividend
on June 20, 2006. Tax deduction for Israeli individual investors will
be 20%.
The ordinary shares represented by the ADSs will be entitled to
the full amount of the cash dividend declaired.
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.
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 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 (NYSE:HTX) (SEHK:2332)
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
