Matav Reports Motion for Class Action Concerning Misleading Publication

Matav Reports Motion for Class Action Concerning Misleading Publication

NETANYA, Israel, February 9/PRNewswire-FirstCall/ -- Matav-Cable Systems Media Ltd. (Nasdaq: MATV ; TASE: MATV) announced
today that on February 8, 2005 it received notice of a motion that was filed
by an Israeli resident in the Tel Aviv-Jaffa District Court requesting the
Court's approval of a class action against Matav. The motion alleges, among
other things, that Matav has misled consumers within the framework of a
certain sales promotion campaign in 2001, thereby violating the Israeli
Consumers Protection Law. According to the motion, the damages owed to the
plaintiff are in the amount of NIS 1,574 (equates to approximately $357) and
the aggregate damages to the class are indeterminable at this stage, because
the number of other potential claimants is not known to the plaintiff.



Matav is studying the details of the motion. Matav noted that the motion
relates to the same subject matter of an indictment that was filed in March
2003 in the Netanya Magistrate Court against Matav and certain of its
officers for violation of the Israeli Consumers Protection Law. As previously
reported, the officers were dropped from the indictment and in November 2003,
the court approved a plea bargain, pursuant to which Matav admitted the facts
in an amended indictment and paid an insignificant fine.



About Matav:



Matav is one of Israel's three cable television providers, serving
roughly 25 percent of the population. Matav's current investments include 5.3
percent of Partner Communications Ltd., a GSM mobile phone company and 10
percent of Barak I.T.C. (1995) Ltd., one of the three international telephony
providers in Israel.



This press release contains forward-looking statements within the meaning
of the "safe harbor" provisions of the U.S. Private Securities Litigation
Reform Act of 1995. Forward-looking statements that are based on various
assumptions (some of which are beyond Matav's control) may be identified by
the use of forward-looking terminology, such as "may", "can be", "will",
"expects", "anticipates", "intends", "believes", "projects", "potential",
"are optimistic", "view" and similar words and phrases. Actual results could
differ materially from those set forth in forward-looking statements due to a
variety of factors, including but not limited to (1) changes in technology
and market requirements, (2) decline in demand for the company's products,
(3) inability to timely develop and introduce new technologies, products and
applications, (4) loss of market share and pressure on pricing resulting from
competition, (5) uncertainty as to the completion of acquisition of new
businesses or operations and integration thereof with Matav's business, and
(6) the other risk factors detailed in Matav's most recent annual report and
other filings with the US Securities and Exchange Commission. Matav
undertakes no obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events.




Contacts:

Ori Gur Arieh, Counsel
Matav-Cable Systems Media Ltd.
Tel.: +972-9-860-2261

Ayelet Shiloni
Integrated Investor Relations
Tel.:+1-866-447-8633
Tel:+972-506-883-336
ayelet@integratedir.com.



Source: Matav - Cable Systems Media Ltd.

Ori Gur Arieh, Counsel, Matav-Cable Systems Media Ltd., Tel.: +972-9-860-2261, Ayelet Shiloni, Integrated Investor Relations, Tel.:+1-866-447-8633, Tel:+972-506-883-336, ayelet@integratedir.com


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