OREANDA-NEWS. October 26, 2015. Delek Group (TASE: DLEKG, US ADR: DGRLY) (“the Company”) further  to the immediate report dated October 9, 2015 (Ref no.: 2015-01-13746),  regarding the signing of an investment agreement in connection with the shares  of Ithaca Energy Inc. ("Ithaca"), the Company is pleased to announce  that the transaction was completed after receiving all approvals required for  completion according to the investment agreement.

This is a convenience translation of the original HEBREW  immediate report issued to the Tel Aviv Stock Exchange by the Company on October 21, 2015.

About The Delek Group

The Delek  Group, Israel's dominant  integrated energy company, is the pioneering leader of the natural gas  exploration and production activities that are transforming the Eastern  Mediterranean's Levant   Basin into one of the  energy industry's most promising emerging regions. Having discovered Tamar and  Leviathan, two of the world's largest natural gas finds since 2000, Delek and  its partners are now developing a balanced, world-class portfolio of  exploration, development and production assets with total gross natural gas  resources discovered since 2009 of approximately 40 TCF.

In addition, Delek  Group has a number of assets in downstream energy, water desalination, and in  the finance sector.