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Walla! Communications

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Founded in 1995 as Israel's first online website directory and part of Teletel Communications Ltd., Walla! Communications operates www.walla.co.il, the leading Israeli portal, managing a wide range of online services and targeting a diverse audience.

As Israel's leading Internet portal, Walla! serves a community of more than 2.5 Million monthly unique users in Israel. Walla!'s leading position is also acknowledged by both local Israeli surveys and International rating sources.

Walla! Communications offers numerous successful online services including:

• Walla! Mail: A free e-mail service offering unlimited storage space. Walla! Communication's existing e-mail service currently has over 2.5 million active subscribers, and is the leading e-mail service in Israel.

• Walla! Content: Walla! provides comprehensive content delivery around the clock in dozens of categories including News, Sports, Business, Entertainment, Auto, Fashion, Food and Health. Walla!'s team of talented writers and journalists serve as a major pull to its various content areas, along with collaborations with major global content-providers.

• Walla! Online Services: Walla! provides a wide array of online services, from weather and maps, to Search and dictionary. Walla! complements the above services with popular forums and chat rooms, creating an eminent online community.

• e-commerce services by Walla! Shops - Israel's leading online retailer.

• Yad2 classifieds with listings for cars, apartments, items for sale, services and more.

• Additional services including online travel booking, social network and services related to education and employment are offered by Walla's subsidiaries.

Walla! Anywhere

By teaming up Israel's leading telecom providers, Walla! Communications is able to provide its services on different platforms, including mobile and smart television.

Customers

Walla! has more than 2.5 million unique monthly users from both the private and business sectors. This makes Walla! the most attractive advertising platform for thousands of Israeli advertisers. Walla! offers a variety of advanced advertising products to the leading companies in Israel as well as to the SMB market.

Additional Holdings

Walla! Communications is also a substantial shareholder in "Walla! Shops" Israel's leading online retailer, in "Yad2" Israel's leading classifieds, in "Yoram" the leading portal for local students, in the social network "Mekusharim" and in the classified website for a job search "JobCity".

Board of Directors

Mr. Shaul Elovitch, Chairman of the Board
Mr. Or Elovitch
Mrs. Orna Elovitch
Mr. Felix Cohen
Mr. Amikam Shorer

Management Team

Mr. Ilan Yeshua, CEO
Mr. David Becker, SVP
Mr. Gil Benyamini, CFO
Mr. Elad Cohen, CTO
Mr. Yossi Erez, VP Sales
Mr. Ido Eshed, VP Products
Mr. Eran Gotdanker, VP Marketing
Mr. Yinon Magal, Editor-in-chief

Headquarters

166 IBN Gvirol St.
Tel Aviv, 62032
Israel

Tel: (972) 3-6010601, (972) 3-6010607
Fax : (972) 3-6010611