Partner Communications Announces a Supplementary Report to Its Proxy Statement for Its Annual General Meeting

Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ:PTNR) (TASE:PTNR), a leading Israeli communications operator, reports that further to its Proxy Statement for the Annual General Meeting of shareholders scheduled for October 27, 2015 ("AGM"), the Company wishes to clarify and update with respect to the following matters:

1. With respect to Item 7 on the agenda for the AGM, "Approval of Severance Terms of the Former CEO Mr. Haim Romano", the Company wishes to clarify that only the grant of the proposed severance bonus in the amount of NIS 2,567,525 is being brought for shareholder approval. The compensation for advance notice and the adjustment payment are granted in accordance with Mr. Romano's employment agreement and therefore do not require shareholder approval.

2. With respect to Item 8 on the agenda for the AGM, "Approval of the Terms of Office and Employment of the CEO of the Company, Mr. Isaac Benbenisti":

a. The Company intends to include in its Annual Report on Form 20-F the relevant Company targets for the compensation of the CEO and the ratio at which the Company’s targets were achieved;

b. A copy of the comparative analysis conducted by Prof. Moshe Zviran (a recognized Israeli expert for compensation) of the terms of office and employment of the CEO in comparison to other CEOs at companies comparable to the Company will be attached to our immediate report on Form 6-K to be furnished to the Securities and Exchange Commission later today.

3. Further to the Company’s immediate report filed on October 15, 2015, with respect to an immediate report filed by Scailex Corporation Ltd. ("Scailex") regarding the termination of the shareholders agreement between S.B. Israel Telecom Ltd. ("S.B. Israel Telecom") and Scailex dated January 29, 2013, the Company wishes to clarify that despite that said in the Proxy Statement, S.B. Israel Telecom and Scailex (and their respective affiliates) are no longer voting in a unified manner at the AGM.

For the Proxy Statement for the Annual General Meeting of shareholders dated September 9, 2015 see: http://maya.tase.co.il/bursa/report.asp?report_cd=991449 or the report on Form 6-K at: http://www.sec.gov/Archives/edgar/data/1096691/000117891315002807/zk1517304.htm.

About Partner Communications
Partner Communications Company Ltd. is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony and internet services) under the orange™ brand and under 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: http://www.orange.co.il/en/Investors-Relations/lobby/.

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