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B Communication Proxy Solicitation & Information Statement 2010

May 14, 2010

6676_rns_2010-05-14_d3988dc3-7772-4671-a1f1-5a471077df1c.pdf

Proxy Solicitation & Information Statement

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Shareholders may review the full version of the proposed resolutions in our proxy statement as well as the accompanying proxy card, as of May 20, 2010, via the Israeli Securities Authority’s electronic filing system at http://www.magna.isa.gov.il or the website of the TelAviv Stock Exchange Ltd. at http://maya.tase.co.il and also at our offices (2 Dov Friedman St., Ramat-Gan, 52503, Israel - +972-3-9240000 (phone), +972-3-939-9832 (fax)).