Cellcom Israel Announces 4G Network

Cellcom Israel Ltd.

(hereinafter: the "Company"), announced today that it selected Nokia Solutions and Networks, a worldwide leading network manufacturer, for the supply of its 4G network. The Company intends to commence a rapid deployment of the network, which also supports LTE Advanced technology (4.5 generation), immediately and expects to achieve a wide and high quality deployment of the network by the end of the year. The operation of the network as well as its LTE Advanced qualities is subject to the regulator's approvals and availability of spectrum. For additional details see the Company's most recent annual report on form 20-F for the year ended on December 31, 2013, filed on March 6, 2014 under "Item 3. Key Information – D. Risk Factors – Risks related to our business – We may be adversely affected by significant technological and other changes in the cellular communications industry; network sharing agreements, if approved, may have material adverse effects on our business" and "Item 4. Information on the Company - B. Business Overview – Network and Technology."