"Midrug" Rating Company Ratifies A1 Rating for 012 Smile.Communications' Series A Bonds, Clears SMLC to Issue up to NIS 320M in

Name	Symbol	Market	Type
iShares Physical Metals plc	TG:IGLD	Tradegate	ETC

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Symbol

Market

Type

iShares Physical Metals plc

TG:IGLD

Tradegate

ETC

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.00	0.00%	42.6638	42.0973	42.4765				0	21:01:45

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% Change

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Bid Price

Offer Price

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Open Price

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Last Trade

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42.6638

42.0973

42.4765

21:01:45

"Midrug" Rating Company Ratifies A1 Rating for 012 Smile.Communications' Series A Bonds, Clears SMLC to Issue up to NIS 320M in

14/07/2008 4:03pm

PR Newswire (US)

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PETACH TIKVA, Israel, July 14 /PRNewswire-FirstCall/ -- Internet Gold (Nasdaq NMS and TASE: IGLD) today announced that Midrug Ltd., an Israeli financial rating company which is affiliated with Moody's, has reissued the A1 rating originally awarded to the Series A debentures issued in 2007 by 012 Smile.Communications (Nasdaq NMS and TASE: SMLC), Internet Gold's 72.4%-owned subsidiary. Midrug concluded that the A1 rating would continue if 012 Smile.Communications issues new debt of up to NIS 320 million (approximately $ 1.08 billion). Copies of the complete Midrug report are available in Hebrew at http://www.midroog.co.il/ Commenting on the news, Mr. Eli Holtzman, CEO of Internet Gold, said, "We are very pleased that SMLC has continued to earn and achieve this high rating, representing Midrug's clear vote of confidence in the company and its prospects. By enhancing 012 Smile's financing capability, this rating is an important step that will help it carry out its strategy for accelerated growth over the next few years." About Internet Gold Internet Gold is one of Israel's leading communications groups with a major presence across all Internet-related sectors. Its 72.4% owned subsidiary, 012 Smile.Communications Ltd., is one of Israel's major Internet and international telephony service providers, and one of the largest providers of enterprise/IT integration services. Its 100% owned subsidiary, Smile.Media Ltd., manages a growing portfolio of Internet portals and e-Commerce sites. Forward-Looking Statements This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in the regulatory and legal compliance environments in the industries it is engaged, the failure to manage growth and other risks detailed from time to time in Internet Gold's filings with the Securities Exchange Commission, including Internet Gold's Annual Report on Form 20-F. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement. For further information, please contact: Mor Dagan - Investor Relations / Tel:+972-3-516-7620 Ms. Idit Azulay, Internet Gold / Tel: +972-72-200-3848 DATASOURCE: Internet Gold CONTACT: For further information, please contact: Mor Dagan - Investor Relations, / Tel:+972-3-516-7620; Ms. Idit Azulay, Internet Gold, / Tel: +972-72-200-3848

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