Delek Group following a publication in the media, the Company announced that as part of its strategy, it reviews its investments on a regular basis, and in part it has also examined the possibility of the sale of all or part of its holdings in the subsidiary "Delek Europe BV" ("European Operations").

The Company estimates that in the scope of the selling process, third parties will submit offers to purchase the business in European Operations and it will explore the possibility of starting negotiations with bidders or part of them. It is emphasized that there is no certainty that these proposals will be accepted and that a deal for the sale of all or part of the European Operations will occur and under what conditions.

This is a convenience translation of the recent HEBREW immediate report issued to the Tel Aviv Stock Exchange by the Company on February 18, 2013.

About The Delek Group

The Delek Group, Israel's dominant integrated energy company, is the pioneering leader of the natural gas exploration and production activities that are transforming the Eastern Mediterranean's Levant Basin into one of the energy industry's most promising emerging regions. Having discovered Tamar and Leviathan, two of the world's largest natural gas finds since 2000, Delek and its partners are now developing a balanced, world-class portfolio of exploration, development and production assets with total gross natural gas resources discovered since 2009 of approximately 33 TCF.
In addition, Delek has built an extensive network of global downstream assets, including 1,900 gas stations and convenience stores in the U.S., Europe and Israel, and petroleum refineries in the U.S. Delek also holds significant interests in leading water desalination, power generation, insurance and automotive companies.
In 2011, the Company's revenues were NIS 59 billion. Delek Group's shares are traded on the Tel Aviv Stock Exchange (TASE: DKLG) as part of the TA25 Index.