IDT CORP — Director's Dealing 2008

Jan 10, 2008

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: IDT CORP (IDT,IDT.C)
CIK: 0001005731
Period of Report: 2008-01-03

Reporting Person: PEREIRA BILL (EVP of Finance)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	3047	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Options (right to buy)	$11.33	2017-04-22	Class B Common (30666)		Direct

Footnotes

F1: Consists of 2,266 shares of Restricted Stock, none of which are vested, and 781 shares of stock purchased through the Issuer's Employee Stock Purchase Plan.

F2: The option vests in three equal annual installments on January 2, 2008, January 2, 2009 and January 2, 2010.