Delek : Announcement of Publication Date of Quarterly Report for Q1 2020

Announcement of Publication Date of Quarterly Report for Q1 2020

May 25, 2020

Tel Aviv, May 25, 2020. Delek Group (TASE: DLEKG, US ADR: DGRLY) ("the Company") announces that further to the announcement of the Securities Authority on April 1, 2020, whereby on account of the current extraordinary circumstances resulting from the fight against the spread of the coronavirus and its impact on the businesses of reporting companies, the Company's Board of Directors has today decided that the Company's Quarterly Report for Q1 2020 will be published by the Company not later than June 30, 2020.

This is a convenience translation of the original HEBREW immediate report issued to the Tel Aviv Stock Exchange by the Company on May 25, 2020.

About The Delek Group

Delek Group is an independent E&P company with activities in the UK North Sea and the East Mediterranean. Delek Group has significant holdings in the Leviathan and Tamar natural gas reservoirs in the East Mediterranean (Israel's territorial water), with reserves and resources of more than 30 TCF and annual production of approximately 20 BCM. These reservoirs are a major natural gas supplier to the growing markets of Israel, Egypt and Jordan and Delek continues to lead the region's development into a major natural gas export hub. Through its wholly owned subsidiary Ithaca, Delek Group holds high-quality oil and natural gas assets in the UK North Sea totaling more than 270 million barrels of oil equivalent (boe) and producing about 27 million boe per year. Delek Group is one of Israel's largest and most prominent companies with a consistent track record of growth. Its shares are traded on the Tel Aviv Stock Exchange (DLEKG:IT) And its ADRs are traded on the US OTC market (DGRLY:US).

For more information on Delek Group please visit www.delek-group.com

Contact

Investors

Limor Gruber

Head of Investor Relations

Delek Group Ltd.

Tel: [phone]

[e-mail]