Partner Communications Company Ltd. ("Partner" or "the company") (Nasdaq:PTNR)(TASE:PTNR), a leading Israeli mobile communications operator, announced today the results of the Annual and Extraordinary General Meeting of Shareholders ("the Meeting"), that was held on June 25, 2008 at Partner´s offices in Rosh Ha´ayin, Israel.
At the Meeting, all the proposals set forth in Partner´s proxy statement dated May 20, 2008 (the "Proxy Statement") sent in connection with the Meeting, were approved by the required majorities. The proposals were as follows:
(i) to re–appoint Kesselman & Kesselman, independent certified public accountants in Israel and a member of PricewaterhouseCoopers International Limited group, as the Company´s auditor for the period ending at the close of the next annual general meeting;
(ii) to note the auditor´s remuneration for the year ended December 31, 2007, as determined by the Audit Committee and by the Board of Directors and to approve the report of the Board of Directors with respect to the remuneration paid to the auditor and its affiliates for the year ended December 31, 2007;
(iii) to discuss and approve the Company´s audited financial statements for the year ended December 31, 2007 and the report of the Board of Directors for such period;
(iv) to re–elect the following nine directors to the Company´s Board of Directors until the close of the next annual general meeting: Fok Kin–ning Canning; Chan Ting Yu; Chow Woo Mo Fong Susan; Galil Uzia; Gissin Erez; Lui Dennis Pok Man; Shachar Pesach; Shorer Amikam and Sixt Frank John, and to approve the compensation for two of them, Mr. Galil and Mr. Gissin. No change is made to the provisions of the directors´ indemnification and insurance policies, which will continue in full force and effect for the benefit of each director according to their existing terms;
(v) to approve a change to the remuneration of the Company´s External Directors (dahatzim); and
(vi) to approve the amended Company´s 2004 Share Option Plan.
For further information concerning the proposals, please refer to the Proxy Statement.
About Partner Communications
Partner Communications Company Ltd. ("Partner") is a leading Israeli mobile communications operator providing GSM / GPRS / UMTS / HSDPA services and wire free applications under the orange? brand. The Company provides quality service and a range of features to 2.823 million subscribers in Israel (as of March 31, 2008). Partner´s ADSs are quoted on the NASDAQ Global Select Market? and Its shares are also traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).
Partner is a subsidiary of Hutchison Telecommunications International Limited ("Hutchison Telecom"), a leading global provider of telecommunications services. Hutchison Telecom currently offers mobile and fixed line telecommunications services in Hong Kong, and operates mobile telecommunications services in Israel, Macau, Thailand, Sri Lanka, Ghana, Vietnam and Indonesia. It was the first provider of 3G mobile services in Hong Kong and Israel and operates brands including "Hutch", "3" and "orange". Hutchison Telecom, a subsidiary of Hutchison Whampoa Limited, is a listed company with American Depositary Shares quoted on the New York Stock Exchange under the ticker "HTX" and shares listed on the Stock Exchange of Hong Kong under the stock code "2332". For more information about Hutchison Telecom, see www.htil.com.
For more information about Partner, see http://www.orange.co.il/investor_site/
