Partner Communications Reports That Leumi Partners Has Entered into an Agreement to Sell a Portion of Its Shares in the Company

  Partner Communications Reports That Leumi Partners Has Entered into an
  Agreement to Sell a Portion of Its Shares in the Company

Business Wire

ROSH HA’AYIN, Israel -- January 24, 2013

Partner Communications Company Ltd. ("Partner" or "the Company") (NASDAQ:PTNR)
(TASE:PTNR), a leading Israeli mobile communications operator, reports that it
has been informed that Leumi Partners Ltd., a company wholly owned by Bank
Leumi le-Israel B.M., and S.B. Israel Telecom Ltd. entered into a share
purchase agreement on January 23, 2013, pursuant to which S.B. Israel Telecom
will purchase from Leumi Partners 3,200,000 ordinary shares of the Company
("the Transaction").

According to the share purchase agreement, the minority shareholder rights
that were granted to Leumi Partners by Scailex Corporation Ltd., in connection
with its holdings in the Company, shall be terminated as of the closing of the
Transaction, which is expected to be completed concurrently with the closing
of the transaction between Scailex Corporation and S.B. Israel Telecom in the
next few days.

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, see http://www.scailex.com.
For more information about Partner, see http://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:

Mr. Ziv Leitman
Chief Financial Officer
Tel: +972-54-7814951
E-mail: investors@orange.co.il
or
Ms. Yaffa Cohen-Ifrah
Head of Investor Relations
Tel: +972 54 909 9039
E-mail: Yaffa.cohenifrah@orange.co.il