Cellcom Israel Ltd. announced the receipt of a labor dispute announcement by the Histadrut, the union representing the Company's employees, regarding the Company's intention to dismiss approximately 250 employees of the Company and failure to agree on other streamlining measures with the employees' union which do not include involuntary termination of employment. The Company rejects the claims made as a basis for the announcement. At this preliminary stage, the company is unable to assess the effects of this announcement.