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Partner Communications Reports That Its Controlling Shareholder Filed an Immediate Report



  Partner Communications Reports That Its Controlling Shareholder Filed an
  Immediate Report

Business Wire

ROSH HA'AYIN, Israel -- June 05, 2012

Partner Communications Company Ltd. ("Partner" or "the Company") (NASDAQ and
TASE: PTNR), a leading Israeli communications operator, reports today that
Scailex Corporation Ltd. ("Scailex"), its controlling shareholder, together
with its controlling shareholder, Suny Electronics Ltd. filed today an
immediate report regarding a transaction.
According to the transaction described in the above said immediate report, and
subject to its completion upon the fulfillment of the conditional terms, the
Singaporean corporation Persall Pte. Ltd. of the Hutchison Group or an entity
on its behalf, together with the Singaporean corporation Kelburgh Pte. Ltd.
held by Li Ka-Shing Foundation Limited or an entity on its behalf, will hold
at the time of completion of the transaction 75% of Scailex's issued share
capital and thereby will become Scailex's controlling shareholder.
It should be noted that a company from the Hutchison Group was the Company's
controlling shareholder until the end of October 2009, when it sold its
holdings in the Company to Scailex.

For Scailex's full immediate report, see:
http://maya.tase.co.il/bursa/report.asp?report_cd=740952 or its informal
English translation attached to our immediate report on Form 6-k to be
furnished to the Securities and Exchange Commission later today.

Forward-Looking Statements
This press release includes forward-looking statements within the meaning of
Section 27A of the US Securities Act of 1933, as amended, Section 21E of the
US Securities Exchange Act of 1934, as amended, and the safe harbor provisions
of the US Private Securities Litigation Reform Act of 1995. Words such as
"believe", "anticipate", "expect", "intend", "seek", "will", "plan", "could",
"may", "project", "goal", "target" and similar expressions often identify
forward-looking statements but are not the only way we identify these
statements. All statements other than statements of historical fact included
in this press release regarding our future performance, plans to increase
revenues or margins or preserve or expand market share in existing or new
markets, reduce expenses and any statements regarding other future events or
our future prospects, are forward-looking statements.

We have based these forward-looking statements on our current knowledge and
our present beliefs and expectations regarding possible future events. These
forward-looking statements are subject to risks, uncertainties and assumptions
about Partner, consumer habits and preferences in cellular telephone usage,
trends in the Israeli telecommunications industry in general, the impact of
current global economic conditions and possible regulatory and legal
developments. For a description of some of the risks we face, see "Item 3D.
Key Information - Risk Factors", "Item 4. - Information on the Company", "Item
5. - Operating and Financial Review and Prospects", "Item 8A. - Consolidated
Financial Statements and Other Financial Information - Legal and
Administrative Proceedings" and "Item 11. - Quantitative and Qualitative
Disclosures about Market Risk" in the Company's 2011 Annual Report (20-F)
filed with the SEC on March 22, 2012, as amended on March 26, 2012. In light
of these risks, uncertainties and assumptions, the forward-looking events
discussed in this press release might not occur, and actual results may differ
materially from the results anticipated. We undertake no obligation to
publicly update or revise any forward-looking statements, whether as a result
of new information, future events or otherwise.

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 orange™ brand. The Company provides mobile communications
services to over 3 million subscribers in Israel. Partner’s ADSs are quoted on
the NASDAQ Global Select Market™ and its shares are traded on the Tel Aviv
Stock Exchange (NASDAQ and TASE: PTNR).

Partner is an approximately 45%-owned subsidiary of Scailex Corporation Ltd.
("Scailex"). Scailex's shares are traded on the Tel Aviv Stock Exchange under
the symbol SCIX and are quoted on "Pink Quote" under the symbol SCIXF.PK.
Scailex currently operates in two major domains of activity in addition to its
holding in Partner: (1) the sole import, distribution and maintenance of
Samsung mobile handset and accessories products primarily to the major
cellular operators in Israel (2) management of its financial assets.

For more information about Scailex, seehttp://www.scailex.com.
For more information about Partner, seehttp://www.orange.co.il/investor_site

About 012 Smile Telecom Ltd.
012 Smile is a wholly owned subsidiary of Partner Communications which
provides international long distance services, internet services and local
telecommunication fixed-line services (including telephony services using VOB)
under the 012 Smile brand. The completion of the purchase of 012 Smile by
Partner Communications took place on March 3, 2011. For further details see
the press release dated March 3, 2011.

Contact:

Partner Communications Company Ltd.
Mr. Ziv Leitman
Tel: +972-54-7814951
Chief Financial Officer
investors@orange.co.il
or
Ms. Yaffa Cohen-Ifrah
Tel: +972-54-9099039
Head of Investor Relations
Yaffa.cohenifrah@orange.co.il
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