MATV Matav-Cable Systems Media Ltd. ADS (MM)

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 DATASOURCE: Matav - Cable Systems Media Ltd. CONTACT: Ayelet Shiloni, Integrated Investor Relations, Tel. +972-3-6356790

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