Discounted Cash Flow Report for the Leviathan Leases - DELEK GROUP

Tel Aviv, November 3, 2016. Delek Group (TASE: DLEKG, US ADR: DGRLY) (“the Company”) announces that further to section 1.7.5 (I) of the Company's periodic report as at March 31, 2016, as revised and published on May 30, 2016 (Ref. No. 2016-01-037758) (the "Periodic Report") concerning the Leviathan Project resources within the North Leviathan I/14 and South Leviathan I/15 Leases ("the South Leviathan Lease" and " the North Leviathan Lease", respectively) (the South Leviathan and North Leviathan Leases will be referred to below as: "Leviathan Leases" or "Leviathan Reservoir" or "Leviathan Project"), to section 1.7.13 (1)J(3) of the Periodic Report 

with regard to the agreement for the supply of natural gas from the Leviathan Project to Edeltech Ltd., to the Immediate Report issued by the Company on May 29, 2016 (Ref. No. 2016-1-036867) concerning the Leviathan Project partners’ engagement in an agreement for the supply of natural gas from the Leviathan Project to IPM Beer Tuvia Ltd., to the Immediate Report issued by the Company on June 2, 2016 (Ref. No. 2016-1-043794) 

with regard to the approval of the Leviathan Project development plan by the Commissioner of Petroleum Affairs at the Ministry of National Infrastructures, Energy, and Water Resources ("the Commissioner" and "the Development Plan", respectively), to the Immediate Report issued by the Company on June 5, 2016 (Ref. No. 2016-1-044304) 

with regard to Delek Drilling Limited Partnership and Avner Oil Exploration - Limited Partnership, (together: "the Partnerships") concerning the assessment of the Leviathan Reservoir resources, to the Immediate Report dated June 22, 2016 (Ref. No. 2016-01-063643) relating to the engagement in an agreement for receiving engineering services and front end engineering design (FEED) for the production platform, as approved in the Development Plan, to the Immediate Report dated September 26, 2016 (Ref. No. 2016-01-054558) concerning the Leviathan Project partners’ engagement in an agreement for exporting natural gas from the Leviathan Project to the National Electric Power Company of Jordan (NEPCO) ("the Immediate Report of the Export Agreement to Jordan"), 

the Partnerships have published discounted cash flow figures relating to part of the resources in the Leviathan Leases, pursuant to section 37 of the Securities Regulations (Periodic and Immediate Reports) 2013, as follows: click here

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