Frutarom Industries : DELISTING OF FRUTAROM GLOBAL DEPOSITARY RECEIPTS

Below is the immediate report submitted today to the Israeli Securities Authority ('ISA') and the Tel-Aviv Stock Exchange through the ISA's electronic submission system in accordance with the Securities Regulations (Periodic and Immediate Reports), 1970 in Israel and also submitted today to the Main Market of the London Stock Exchange via RNS, the regulatory information service of London Stock Exchange plc in the United Kingdom.

Frutarom Industries Ltd.

('Company' or 'Frutarom')

Registration No.: 52-004280-5

The securities of the Company are listed for trading on the Tel-Aviv Stock Exchange

The GDRs of the Company are listed for trading on the London Stock Exchange

Name: Frutarom

2 Hamenofim St, Building A, Herzelia 4672553

Tel: [phone], Fax: [phone], www.frutarom.com

Email: [e-mail]

October 2, 2018

SUBJECT: NOTICE OF THE DATE OF DELISTING OF FRUTAROM GLOBAL DEPOSITARY RECEIPTS FROM THE OFFICIAL LIST OF THE FINANCIAL CONDUCT AUTHORITY AND CANCELLATION OF THEIR ADMISSION TO TRADING ON THE MAIN MARKET OF THE LONDON STOCK EXCHANGE AS A CONSEQUENCE OF THE CLOSING OF THE MERGER WITH INTERNATIONAL FLAVORS & FRAGARANCES INC.

Further to the Company's announcement on 23 August 2018, providing notification that the listing of the Company's Global Depositary Receipts ('GDRs') on the Official List of the Financial Conduct Authority and their admission to trading on the Main Market of the London Stock Exchange will be cancelled as a consequence of the proposed merger ('Merger') of Icon Newco Ltd. ('Merger Sub'), a wholly owned subsidiary of International Flavors & Fragrances, Inc. ('IFF'), with and into the Company, with the Company surviving as a wholly owned subsidiary of IFF, pursuant to the Agreement and Plan of Merger, dated May 7, 2018, by and among IFF, Merger Sub and the Company (as amended, the 'Merger Agreement'), the Company can now confirm the specific date of cancellation of listing and trading of the GDRs.

The specific date of cancellation of listing and trading depended on the satisfaction of the outstanding conditions to the Merger pursuant to the Merger Agreement. The Company can confirm that all outstanding conditions to the obligations to effect the Merger have now been satisfied (other than those conditions that by their nature are to be satisfied at the closing of the Merger) and the Company is now taking steps such that the specific date of the cancellation of listing and trading will be 4 October 2018, such date being more than 20 business days from 23 August 2018, the date of first notice of the cancellation, in satisfaction of Listing Rule 5.2.8 R.

The securities to which the cancellation of listing and trading will relate are the Rule 144A and Regulation S GDRs having ISINs US35950R1068 and US35950R2058 respectively.

Sincerely yours,

Eden Senay Tagania, Legal Counsel

Frutarom Industries Ltd.

Important Notices

This announcement contains inside information as defined in EU Regulation No. 596/2014.

This announcement and the information contained herein is restricted and is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any jurisdiction into which such release, publication or distribution would be unlawful.

This announcement has been issued by and is the sole responsibility of the Company.

Neither the content of the Company's website nor any website accessible by hyperlinks on the Company's website is incorporated in or forms part of this announcement.