Internet Gold's Second Quarter Earnings Release and Conference Call Scheduled for August 4, 2005

Internet Gold's Second Quarter Earnings Release and Conference Call Scheduled for August 4, 2005

PETACH TIKVA, Israel, July 21/PRNewswire-FirstCall/ -- Internet Gold (Nasdaq: IGLD) today announced that it will release its
second quarter results on Thursday, August 4, 2005, before the market opens.

On the same day, Management will host an interactive teleconference to
discuss the results at 10:00 a.m. EST. To participate, please call one of the
following access numbers several minutes before the call begins:
1-866-229-7198 from within the U.S. or 1-866-485-2399 from within Canada,
0-800-917-5108 from within the U.K., or +972-3-918-0600 from other
international locations.

The call will also be broadcast live through the company's Website,
www.igld.com, and will be available there for replay during the next 30 days.

About Internet Gold

Internet Gold is a communications company that provides
Internet access and related value-added services, international telephony,
e-advertising, content and e-Commerce services throughout Israel under the
brand name "smile" to both residential and business customers.

Internet Gold's operations are carried out through four
subsidiaries. Through MSN Israel, its (50.1% owned) joint-venture with
Microsoft Corp. (49.9% owned), the Company operates several of Israel's
Internet portals. Its fully-owned subsidiary, Internet Gold International,
specializes in the provision of international Internet and communication
services. Its fully-owned subsidiary, GoldMind, focuses on the provision of
Internet value-added services. Through GoldTrade, its fully-owned e-Commerce
subsidiary, the Company has established itself as one of Israel's leading
e-Commerce providers.

For additional information about Internet Gold, please visit
our Website at www.igld.com

Certain statements made herein that use the words "estimate," "project,"
"intend," "expect," "believe" and similar expressions are intended to
identify forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements
involve known and unknown risks and uncertainties which could cause the
actual results, performance or achievements of the Company to be materially
different from those which may be expressed or implied by such statements,
including, among others, changes in general economic and business conditions
and specifically, decline in demand for the Company's services, inability to
timely develop and introduce new technologies, services and applications and
loss of market share and pressure on prices resulting from competition. For
additional information regarding these and other risks and uncertainties
associated with the Company's business, reference is made to the Company's
Annual Report and its other reports as filed with the Securities and Exchange
Commission.

For further information, please contact:
Ms. Idit Azulay, Internet Gold
+972-3-939-9848
idita@co.zahav.net.il

Source: Internet Gold

For further information, please contact: Ms. Idit Azulay, Internet Gold, +972-3-939-9848, idita@co.zahav.net.il

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