IDT CORP — Director's Dealing 2007

Dec 21, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IDT CORP (IDT,IDT.C)
CIK: 0001005731
Period of Report: 2007-10-26

Reporting Person: JONAS HOWARD S (Director, Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-26	Class A Common Stock	G	1100000	—	Disposed	8697418	Direct
2007-10-26	Class B Common Stock	G	700000	—	Disposed	376842	Direct
2007-12-17	Class B Common Stock	G	2795	—	Acquired	366067	Indirect
2007-12-17	Class B Common Stock	G	2795	—	Acquired	366067	Indirect
2007-12-17	Class B Common Stock	G	2795	—	Acquired	366067	Indirect
2007-12-17	Class B Common Stock	G	2795	—	Acquired	366067	Indirect
2007-12-17	Class B Common Stock	G	2795	—	Acquired	366067	Indirect
2007-10-17	Class B Common Stock	G	2795	—	Acquired	231903	Indirect
2007-10-26	Class B Common Stock	G	229108	—	Acquired	229108	Indirect
2007-10-26	Class A Common Stock	G	1100000	—	Acquired	1100000	Indirect
2007-10-26	Class B Common Stock	G	700000	—	Acquired	700000	Indirect
2007-12-19	Class B Common Stock	S	120000	$8.727	Disposed	900000	Indirect
2007-10-26	Class B Common Stock	G	229108	—	Disposed	0	Indirect
2007-12-17	Class B Common Stock	G	75465	—	Disposed	301377	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	19570	Indirect
Class B Common Stock	19570	Indirect
Common Stock	1000000	Indirect
Common Stock	825142	Indirect
Class B Common Stock	2275	Indirect
Class B Common Stock	363272	Indirect
Class B Common Stock	363272	Indirect
Class B Common Stock	363272	Indirect

Footnotes

F1: As of November 30, 2007.

F2: These shares are held in trust for the benefit of the Reporting Person's children. The Reporting Person's spouse is trustee of the trust.