Matav First Quarter Earnings Release and Conference Call Scheduled for May 25, 2005

Matav First Quarter Earnings Release and Conference Call Scheduled for May 25, 2005

NETANYA, Israel, May 23/PRNewswire-FirstCall/ -- Matav-Cable Systems Media Ltd. (Nasdaq: MATV) announced that it will
release its first-quarter results on Wednesday, May 25, 2005, during
pre-market hours.

Following the earnings announcement, Matav will host a conference call at
10:00 a.m. EDT. The call can be accessed by dialing: 1-866-860-9642 in the
United States and +972-3-9180610 internationally.

A replay of the call will be available beginning at approximately
13:00 p.m. EDT until Friday, May 27, 2005 at 13:00 p.m. EDT. To listen to the
replay, please call 1-866-500-4964 in the United States, and +972-3-9255947
internationally.

Matav is one of Israel's three cable television providers, serving
roughly 25 percent of the population. Matav's current investments include
1.2 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 with respect to
the Company's business, financial condition and results of operations. These
forward-looking statements are based on the current expectations of the
management of Matav Cable only, and are subject to risk and uncertainties,
including but not limited to changes in technology and market requirements,
decline in demand for the company's products, inability to timely develop and
introduce new technologies, products and applications, loss of market share
and pressure on pricing resulting from competition, which could cause the
actual results or performance of the Company to differ materially from those
contemplated in such forward-looking statements. The Company 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. For a more detailed
description of the risk and uncertainties affecting the company, reference is
made to the Company's reports filed from time to time with the Securities and
Exchange Commission.)

Contacts:

Ayelet Shiloni Integrated Investor Relations Tel.+972-3-6356790

Source: Matav - Cable Systems Media Ltd.

Ayelet Shiloni, Integrated Investor Relations, Tel. +972-3-6356790

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