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Cellcom Israel Announces Filing of Shelf Prospectus in Israel

Israel July 17, 2011

Israel

At this stage, no decision has been made as to the execution of any such offering, nor as to its scope, terms and timing, if executed, and there is no certainty that such offering will be executed. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities.

the United States

About Cellcom Israel

March 31, 2011 Israel Israel Israel http://www.cellcom.co.il

Company Contact

Investor Relations Contact

Yaacov Heen

Porat Saar

Chief Financial Officer

CCG Investor Relations Israel& US

[email protected]

[email protected]

Tel: +972 52 998 9755

Tel: +1 646 233 2161

SOURCE Cellcom Israel Ltd.

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