Delek Group Announces Resource Evaluation Report Of Karish Natural Gas Discovery, Offshore Israel

August 6, 2013

Delek Group published today a report prepared by Netherland, Sewell and Associates (NSAI) of the unrisked gross (100 percent) contingent and prospective resources, as of June 30, 2013, in the Karish Discovery and prospects located in the Alon C License (number 366), offshore Israel. The full NSAI report is attached below.

The Delek Group is Israel's dominant integrated energy company involved in natural gas exploration and production activities in the Eastern Mediterranean's Levant Basin. Having discovered Tamar and Leviathan, two of the world's largest natural gas finds since 2000, Delek and its partners are now developing a portfolio of exploration, development and production assets with total gross natural gas resources discovered since 2009 of approximately 33 TCF.

In addition, Delek has built an extensive network of global downstream assets, including 1,900 gas stations and convenience stores in the U.S., Europe and Israel, and petroleum refineries in the U.S. Delek also holds significant interests in leading water desalination, power generation, insurance and automotive companies.

In 2012, the Company's revenues were NIS 72 billion ($19 billion). Delek Group's shares are traded on the Tel Aviv Stock Exchange (TASE: DLEKG) as part of the TA25 Index.

Source: Delek Group, 2013.