Partner Communications Announces That the Employees' Representative Committee Has Declared a Labor Dispute and a Strike

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

Partner Communications Company Ltd. ("Partner" or "the Company") PTNR PTNR, a leading Israeli mobile communications operator, announces that the employees' representative committee declared a labor dispute and a strike on December 1, 2014, in accordance with the Settlement of Labor Disputes Law (1957), claiming that the Company's Management is taking unilateral actions to advance the joint venture with Hot Mobile Ltd., without first holding discussions with the employees' representative committee regarding the possible implications of the joint venture on the employees' employment terms.

A possible result of the declaration, insofar as the parties will not reach an agreed solution within 15 days from the declaration date, is the execution of a strike or sanctions.

The Company is unable to evaluate, at this stage, the implications of a strike or sanctions, if and insofar executed.

For further information, see the Company's press releases and immediate reports (on Form 6-K) dated June 25, 2014, at: http://maya.tase.co.il/bursa/report.asp?report_cd=905662 or http://www.sec.gov/Archives/edgar/data/1096691/000117891314002149/zk1415158.htm and dated September 8, 2014, at: http://maya.tase.co.il/bursa/report.asp?report_cd=919826 or http://www.sec.gov/Archives/edgar/data/1096691/000117891314002858/zk1415508.htm and the Company's 2013 Annual Report on Form 20-F - "Item 3 Key Information - 3D. Risk Factors - 3D.2 RISKS RELATING TO OUR BUSINESS OPERATIONS - 3D.2d - In the event our employees are unionized, management's flexibility to adapt operations to market conditions may be reduced, and our operating expenses may be increased, which could adversely impact our results" and "Item 6 DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES - 6D. Employees".

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 "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 included in this press release regarding our future performance, plans to increase revenues or margins or to sustain or expand the current market share in existing or new markets, plans to reduce expenses and any other statement regarding a future event or potential opportunity, is a forward-looking statement.
We have based these forward-looking statements on our current knowledge and our present beliefs and projections regarding possible future events. These forward-looking statements are subject to risks, uncertainties and assumptions about Partner, about the macro-economic environment, about consumer habits and preferences when using cellular telephones, trends in the Israeli communications industry in general, the impact of current global economic conditions and possible regulatory and legal developments. In light of these risks, uncertainties and conjectures, the forward-looking events mentioned in this press release might not transpire, and actual results may differ materially from the anticipated results. For further information regarding the above-mentioned risks, uncertainties and conjectures and other risks we face, please see "Item 3. Key Information - 3D. Risk Factors," "Item 4. Information about the Company," "Item 5. Operating and Financial Review and Prospects," "Item 8. Financial Information - 8A. Consolidated Financial Statements and Other Financial Information - 8A.1 Legal and Administrative Proceedings" and "Item 11. Quantitative and Qualitative Disclosures about Market Risk" in the Company's Annual Reports on Form 20-F, and the Company's other reports on Form 6-K, which were submitted to the United States Securities Exchange Commission. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or for any other reason.

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 and the 012 Smile brand. 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: www.orange.co.il/en/Investors-Relations/lobby/