IDT CORP — Director's Dealing 2007

Oct 30, 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: IDT CORP (IDT,IDT.C)
CIK: 0001005731
Period of Report: 2007-10-25

Reporting Person: BROWN STEPHEN RUSSELL (Chief Operating Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000	Direct
Class B Common Stock	2319	Indirect
Class B Common Stock	70340	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$11.33	2017-04-23	Class B Common (112386)		Direct

Footnotes

F1: As of September 30, 2007.

F2: Consists of 69,340 shares of Restricted Stock, of which 59,340 are vested, and 1,000 shares held directly.

F3: The option vests in three equal annual installments on January 2, 2008, January 2, 2009 and January 2, 2010.