Cellcom Israel makes board changes

Cellcom Israel Ltd. (NYSE: CEL) said that Nochi Dankner, who had been appointed as a member of the company´s board of directors by Discount Investment Corp. Ltd., resigned from his office effective January 8, 2014, and DIC designated in his place Raanan Cohen, a member of the company´s board of directors, as its appointee effective as of January 9, 2014.

Cohen´s appointment is in accordance with the requirement of the company´s telecommunications license and articles of association that at least 20% of the company directors be appointed by Israeli citizens and residents from among the company´s founding shareholders, as defined in our license and articles of association, namely DIC.

Cellcom Israel, established in 1994, is the leading Israeli cellular provider. For additional information visit the company´s website www.cellcom.co.il

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