RRSat Global Communications Announces That Private Equity Firm Entered Agreements to Acquire 20% Stake in the Company

    RRSat Global Communications Announces That Private Equity Firm Entered
                Agreements to Acquire 20% Stake in the Company

Viola Group Entered Agreements to Acquire 13% of RRsat's Shares From Kardan
and 7% of RRsat's Shares From RRsat's Founder, Director and Former CEO for
Approximately $8 Per Share

PR Newswire

AIRPORT CITY BUSINESS PARK, Israel, April 23, 2013

AIRPORT CITY BUSINESS PARK, Israel, April 23, 2013 /PRNewswire/ --

RRsatGlobalCommunicationsNetwork Ltd.(NASDAQ:RRST), a leading provider of
comprehensive digital content management and global distribution services to
the television and radio broadcasting industries, announced today that Viola
Group, a leading innovative private equity investment group focused on
technology based growth opportunities in Israel withclose to$2 billion under
management, entered into agreements with two of RRsat's principal shareholders
to acquire approximately 20% of RRsat's outstanding shares for a price per
share of approximately $8.

On April 4, 2013, Viola Group entered into a series of agreements to acquire
approximately 13% of RRsat's shares from Kardan Communications Ltd. and
approximately 7% of RRsat's shares from David Rivel, RRsat's founder, director
and former Chief Executive Officer. Following the consummation of the
transactions, Kardan will continue to own approximately 11% of RRsat's shares
and David Rivel will continue to own approximately 5% of RRsat's shares. RRsat
is not a party to the agreements and is not issuing Viola Group any new shares
in the transactions.

In connection with the transactions, Viola Group has also entered into
shareholders agreements with each of Kardan, David Rivel and Del-Ta
Engineering Equipment Ltd., the holder of approximately 39% of RRsat's shares.

Consummation of each of the transactions is subject to various conditions
precedent, including regulatory approvals.

"These agreements represent a significant vote of confidence by a leading
private equity investment group led by an experienced team focused on
technology growth opportunities in Israel," commented Avi Cohen, RRsat's Chief
Executive Officer. "These agreements help improve the diversification of our
shareholder base, adds another large and sophisticated shareholder and
demonstrates confidence in our business. We look forward to working with them
for the benefit of all our shareholders."

AboutRRsatGlobal Communications NetworkLtd.

RRsat Global Communications Network Ltd. (NASDAQ: RRST) provides global,
end-to-end, digital content management and distribution services to the
rapidly expanding television and radio broadcasting industries, covering more
than 150 countries. Through its RRsat Global Network, composed of satellite
and terrestrial fiber optic capacity and the public Internet, RRsat provides
high- quality and flexible global distribution services 24/7 to more than 630
channels reaching multiplatform operators, Internet TV and direct-to-home
viewers worldwide. RRsat also offers contribution services for sports, news
and events.  In addition, more than 130 television and radio channels use
RRsat's advanced production and playout centers comprising comprehensive
media asset management services. Visit the company's website


This press release contains forward looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, including statements regarding
(i) guidance for revenue and margins for the first quarter of 2013 and
guidance for full year 2013 revenues or any future periods; (ii) our
expectations and ability to strengthen our offering and capabilities in order
to allow us to accelerate our growth; (iii) our expectations to generate
higher margins from our sports and events business compared to our other
businesses; (iv) our expectation that our sports and events business will be a
major contributor to our growth and that the demand for this type of content
will continue to increase globally; (v) our expectation and ability to further
improve our margins over time by changing our product mix, coupled with more
value-added services and better utilization of our infrastructure; (vi) our
ability to continue to experience strong interest in our services, leading to
new customer wins for our digital media broadcasting services and to report
future successes; (vii) our expectation that our backlog will materialize into
revenue on the projected timeline and (viii) our ability to continue to
benefit from a strong business model, featuring a notable percentage of
recurring revenues, long-term contracts, high renewal rate, a multi-year
backlog, and strong free cash flow.

These forward-looking statements involve known and unknown risks and uncertain
ties and are based on current expectations, assumptions, estimates and
projections about the companies and the industry as of the date of this press
release. The company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances, or to
changes in its expectations, except as may be required by law. Forward-looking
statements are subject to risks and uncertainties that may cause actual
results to differ materially from those contemplated by the forward-looking
statements, including the risks indicated in our filings with the Securities
and Exchange Commission(SEC). For more details, please refer to our SEC
filings and the amendments there to, including our Annual Report on Form 20-F
for the year ended December 31, 2012 and our Current Reportson Form6-K.

Company Contact Information:
Shmulik Koren, CFO
Tel: +972-3-928-0777
Email: investors@rrsat.com

Investor Relations Contacts:
Brett Maas / Miri Segal-Scharia
Hayden/ MS- IR LLC
Tel: +1-646-536-7331 / Tel: +1-917-607-8654
brett@haydenir.com / msegal@ms-ir.com

SOURCE RRsatGlobal Communications Network Ltd
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