Matav Reports That a Claim Regarding Misleading Publication Was Stricken

Matav Reports That a Claim Regarding Misleading Publication Was Stricken

NETANYA, Israel, May 16/PRNewswire-FirstCall/ -- Matav-Cable Systems Media Ltd. (Nasdaq: MATV & TASE: MATV) announced today that further to the press release dated February 9, 2005 regarding a claim and a request to approve the claim as a class action, alleging that Matav has misled consumers within the framework of a certain sales promotion campaign, on May 15, 2005 the Tel Aviv- Jaffa District Court rendered a judgment according to which the claim was stricken.

About Matav:

Matav is one of Israel's three cable television providers, serving roughly 25 percent of the population. Matav's current investments include 1.2 percent of Partner Communications Ltd., a GSM mobile phone company and 10 percent of Barak I.T.C. (1995) Ltd., one of the three international telephony providers in Israel.

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements that are based on various assumptions (some of which are beyond Matav's control) may be identified by the use of forward-looking terminology, such as "may," "can be," "will," "expects," "anticipates," "intends," "believes," "projects," "potential," "are optimistic," "view" and similar words and phrases. Actual results could differ materially from those set forth in forward-looking statements due to a variety of factors, including but not limited to (1) changes in technology and market requirements, (2) decline in demand for the company's products, (3) inability to timely develop and introduce new technologies, products and applications, (4) loss of market share and pressure on pricing resulting from competition, (5) uncertainty as to the completion of acquisition of new businesses or operations and integration thereof with Matav's business, and (6) the other risk factors detailed in Matav's most recent annual report and other filings with the US Securities and Exchange Commission. Matav undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contacts: Ori Gur Arieh, Counsel Matav-Cable Systems Media Ltd. Tel.: +972-9-860-2261

Ayelet Shiloni Integrated Investor Relations Tel.: +1-866-447-8633 Tel.: +972-50-6883-336 ayelet@integratedir.com.

Source: Matav - Cable Systems Media Ltd.

Ori Gur Arieh, Counsel, Matav-Cable Systems Media Ltd., Tel.: +972-9-860-2261, or Ayelet Shiloni, Integrated Investor Relations, Tel.: +1-866-447-8633, Tel.: +972-50-6883-336, ayelet@integratedir.com

------- Profile: Ent