Cellcom Israel Announces Dismissal Of A Purported Class Action

        Cellcom Israel Announces Dismissal Of A Purported Class Action

PR Newswire

NETANYA, Israel, November 19, 2012

NETANYA, Israel, November 19, 2012 /PRNewswire/ --

Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today the dismissal
of a purported class action lawsuit filed against the Company and another
cellular operator in March 2010, at the plaintiffs' request. The purported
class action was filed in connection with allegations that the defendants
breached their cellular license by failing to purchase insurance against
monetary liability which the defendants may suffer due to bodily damages that
allegedly may be caused by cellular radiation. If the lawsuit was certified as
a class action, the total amount claimed was estimated by the plaintiffs to be
approximately NIS 4.2 billion, out of which NIS 2.1 billion was attributed to
the Company individually.

For additional details see the Company's Consolidated Financial Statements for
the year ended December 31, 2011, under "Note 31 - Contingent Liabilities -
section 2.b.", on Form 20-F.

About Cellcom Israel

Cellcom Israel Ltd., established in 1994, is the leading Israeli cellular
provider; Cellcom Israel provides its approximately 3.338 million subscribers
(as at September 30, 2012) with a broad range of value added services
including cellular and landline telephony, roaming services for tourists in
Israel and for its subscribers abroad and additional services in the areas of
music, video, mobile office etc., based on Cellcom Israel's technologically
advanced infrastructure. Cellcom Israel operates an HSPA 3.5 Generation
network enabling advanced high speed broadband multimedia services, in
addition to GSM/GPRS/EDGE networks. Cellcom Israel offers Israel's broadest
and largest customer service infrastructure, including telephone customer
service centers, retail stores, and service and sale centers, distributed
nationwide. Through its broad customer service network Cellcom Israel offers
technical support, account information, direct to the door parcel delivery
services, internet and fax services, dedicated centers for the hearing
impaired, etc. Cellcom Israel further provides through its wholly owned
subsidiaries internet connectivity services and international calling
services, as well as landline telephone communication services in Israel, in
addition to data communication services. Cellcom Israel's shares are traded
both on the New York Stock Exchange (CEL) and the Tel Aviv Stock Exchange
(CEL). For additional information please visit the Company's website

Company Contact
Yaacov Heen
Chief Financial Officer
Tel: +972-52-998-9755
Investor Relations Contact
Porat Saar
CCG Investor RelationsIsrael&US
Tel: +1-646-233-2161

SOURCE Cellcom Israel Ltd.
Press spacebar to pause and continue. Press esc to stop.