Partner Communications Announces Notes Buyback

ROSH HA'AYIN, Israel--(BUSINESS WIRE)--

Partner Communications Company Ltd. ("Partner" or the "Company") PTNR PTNR, a leading Israeli communications operator, announces today, that further to the Company's press release and immediate report dated October 21, 2015, regarding the Board of Directors' resolution to approve a notes buy-back plan of the Company's series B, C and E notes, which are traded on the Tel Aviv Stock Exchange, the repurchases of the following notes were executed:

Note		Quantity purchased (Par value)		Transaction price ( NIS ,agorot )		Total amount paid (NIS million)		Date of purchase
Partner Series B Notes		32,649,775		110.4		36		March 21, 2016
Partner Series E Notes		93,040,218		107.3		100		March 21, 2016

The Company is acting to delist the purchased notes from trading.

For further information please see the Company's press releases and immediate reports (on Form 6-K) dated October 21, 2015 at:
https://www.sec.gov/Archives/edgar/data/1096691/000117891315003089/zk1517434.htm or http://maya.tase.co.il/bursa/report.asp?report_cd=997079

Forward-Looking Statements

This press release includes forward-looking statements, as this term is defined in 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 "will", "believe", "anticipate", "expect", "intend", "strive", "seek", "plan", "could", "may", "foresee", "target", "objective", declensions thereof and similar expressions typically convey forward-looking statements, but these words are not the only words that convey these statements. Any statement, other than a statement of historical fact regarding the plan to repurchase our Series B, C and E Notes and any statements regarding other future events or our future prospects, are forward-looking statements.
The repurchase plan does not require the Company to continue to acquire any notes at all, or any specific amount of notes, and it may be modified, suspended, extended or discontinued without prior notice.

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 "Partner" and "012 Smile" brands. 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).
For more information about Partner see: http://www.partner.co.il/en/Investors-Relations/lobby/

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