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Partner Communications Announces Management Succession

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Partner Communications Company Ltd. (“Partner” or “the Company”) (NASDAQ:PTNR) (TASE:PTNR), a leading communications operator in Israel, announces that the Company’s Board of Directors approved today, pursuant to the recommendation of Mr. Haim Romano, the appointment of Mr. Isaac Benbenisti as the new Chief Executive Officer of the Company, effective July 1, 2015. This follows the Board approval of Mr. Romano’s request to leave his office.

Mr. Benbenisti joined Partner’s management team as Deputy CEO in November 2014. In his previous positions, Mr. Benbenisti served for seven years as CEO of Bezeq International, as a director and manager of the PC and distribution channels division at Hewlett -Packard, and as the CEO of CMS Compucenter Ltd.

Mr. Adam Chesnoff, Chairman of the Board of Directors, thanked Haim Romano and expressed his deep appreciation for his accomplishments and achievements.

“The Company’s Board of Directors and its employees were fortunate to benefit from working alongside a professional of the highest stature, who brought with him strategic vision, dedication, determination and humanity”.

“Under the leadership of Haim Romano, Partner returned to lead in its core activities including technology and quality of service. The Company was the first to operate a 4G network in Israel, today with the widest coverage. During Mr. Romano’s tenure, the Company adapted its cost structure to the growing competitive market environment. Significant operational efficiencies were achieved alongside a substantial reduction in the Company’s net debt. Mr. Romano laid the foundation to transforming Partner into a full communication group. Partner, under the leadership of Mr. Romano, signed a network sharing agreement with HOT Mobile and was the first large operator to take advantage of the new regulation in the wholesale market for broadband infrastructure,” said Mr. Chesnoff.

Mr. Chesnoff congratulated Mr. Benbenisti on his appointment as the next CEO of the Company, and stated: “We are certain that Mr. Benbenisti’s managerial skills, personal abilities, experience and deep knowledge of the communications market, together with Partner’s management team and dedicated employees, will lead Partner forward in the changing communication market.”

Mr. Chesnoff wished both Mr. Romano and Mr. Benbenisti much success in their new endeavors.

Mr. Chesnoff also mentioned that he had requested Mr. Romano to continue working with the Company and contribute to Partner from his extensive experience and knowledge. Mr. Romano had agreed to do so.

About Partner Communications
Partner Communications Company Ltd. (“Partner”) is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony and internet services) under the orangeTM brand and under the 012 Smile brand. Partner’s ADSs are quoted on the NASDAQ Global Select MarketTM and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).
For more information about Partner:
http://www.orange.co.il/en/Investors-Relations/lobby/.

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