Matav Reports That a Claim Regarding Misleading Publication Was Stricken

Matav Reports That a Claim Regarding Misleading Publication Was Stricken

NETANYA, Israel, May 16/PRNewswire-FirstCall/ -- Matav-Cable Systems Media Ltd. (Nasdaq: MATV & TASE: MATV) announced
today that further to the press release dated February 9, 2005 regarding a
claim and a request to approve the claim as a class action, alleging that
Matav has misled consumers within the framework of a certain sales promotion
campaign, on May 15, 2005 the Tel Aviv- Jaffa District Court rendered a
judgment according to which the claim was stricken.

About Matav:

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 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.: +972-50-6883-336
ayelet@integratedir.com.

Source: Matav - Cable Systems Media Ltd.

Ori Gur Arieh, Counsel, Matav-Cable Systems Media Ltd., Tel.: +972-9-860-2261, or Ayelet Shiloni, Integrated Investor Relations, Tel.: +1-866-447-8633, Tel.: +972-50-6883-336, ayelet@integratedir.com

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