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Internet Gold Golden Lines: A Report Of Bezeq - The Israel Telecommunication Corp. Ltd., EXHIBIT 99.1

The following excerpt is from the company's SEC filing.

Bezeq - The Israel Telecommunication Corp. Ltd. (the “Company”)

The Tel Aviv Stock Exchange

The Israeli Securities Authority

Immediate Report:

Submission of a proposal for the acquisition of Golan Telecom Ltd.

As part of a process, managed by Rothschild Investment Bank, for the sale of Golan Telecom Ltd. ("

"), Pelephone Communications Ltd., the Company's subsidiary ("

"), have submitted a conditional offer for the acquisition of Golan (the: "

The Offer is subject to several...


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