Intermost Receives 2007 Dividends from Invested Shenzhen Exchange

SHENZHEN, China, Feb. 3 /Xinhua-PRNewswire/ -- The Intermost Corporation (BULLETIN BOARD: IMOT) , a leading electronic online equity exchange service provider in China, announced the receipt of approximately 2,000,000 RMB (approximately USD$280,000) in dividends from the Shenzhen International Hi-Tech Property Right Exchange Center (Shenzhen Exchange), following on from the 830,000 RMB (approximately USD$115,000) received in 2006, in which the IMOT Information Technology (Shenzhen) Co., Ltd., the wholly-owned subsidiary of Intermost Corporation, has a 15% shareholding position.

Facing the rapid growth of the Shenzhen Exchange, the CFO of the Intermost Corporation, Mr. Thomas Lee, is pleased to comment, "It has been proved that the deal with the Shenzhen Exchange is good deal and it will substantially increase the equity interest of the Intermost Corporation. As an important shareholder and close partner, Intermost Corporation will fully collaborate with the Shenzhen Exchange. The management of Intermost Corporation will try their best to increase the revenue and profit in the coming period of time through these deals."

In December 12, 2006, the IMOT Information Technology (Shenzhen) Co., Ltd. expended approximately USD$800,000 to replace the formerly issued 2,470,355 shares of the Intermost Corporation stock to gain a 15% shareholding position in the Shenzhen Exchange. The Shenzhen Exchange has demonstrated excellent performance in 2007 and it ranks as the best performing equity exchange institution in South China. With its business spreading throughout nine provinces in South China, it is among the few profitable equity institutions in China.

About the Intermost Corporation

Founded in the USA in September 1998, the Intermost Corporation was the first Chinese Internet company listed on the US OTC Bulletin Board (stock symbol: IMOT) in December 1998. The Intermost Corporation has focused its services on the booming Equity Exchange Market in China, including equity- related solution development, equity quotes and information provision, electronic online equity exchange services, direct investment in regional equity exchanges, business incubation services for well-performing innovative enterprises, investment consulting services for overseas listings, the equity portal website -- China Equity Exchange Platform ( http://www.chinae.com/ ), and other services.

Safe Harbor Statement

This press release contains forward-looking statements that involve risks, uncertainties and assumptions that, if they never materialize or if they prove incorrect, could cause the Company's results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any projections of earnings, revenue, or other financial items, any statements of the plans, strategies, and objectives of management for future operations, any statements concerning proposed new products, services or developments, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations as of the date of this press release. Actual results may differ materially from those projected because of a number of risks and uncertainties, including those detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. The Company assumes no obligations and does not intend to update these forward-looking statements.

For more information, please contact: Mr. Thomas Lee and Mr. Zhou Caiyi Intermost Corporation Tel: +86-755-8221-0238 Email: ir@intermost.com

Intermost Corporation

CONTACT: Mr. Thomas Lee and Mr. Zhou Caiyi of Intermost Corporation, +86-
755-8221-0238, or ir@intermost.com

Cellcom Israel Ltd. Announces NIS 600 Million Raised by Private Offering of Debentures in Israel

NETANYA, Israel, Feb. 3 /PRNewswire-FirstCall/ -- Cellcom Israel Ltd. (the "Company") announced that further to its announcement of January 27, 2008, in regards to preparations for a private offering by issuing additional debentures from the existing Series C and/or Series D debentures, which are listed on the Tel Aviv Stock Exchange, or TASE, the Company accepted today (subject to the TASE's approval) the orders for NIS 81 million aggregate principal amount of additional Series C debentures and approximately NIS 493.8 million aggregate principal amount of additional Series D debentures, for a total consideration of NIS 600 million.

The price was set at NIS 104.3 for each Series C debenture of NIS 100 principal amount and NIS 104.4 for each Series D debenture of NIS 100 principal amount, reflecting a yield to maturity of 3.85% and 4.84%, respectively. Accordingly, the debentures will be issued at a premium over the adjusted principal amount of the debentures (reflecting accumulated interest and adjustments for changes in the Israeli consumer price index) and with no discount.

For additional details in regards to the existing debentures, see our reports on Form 6-K filed on September 23 and October 1 and 3, 2007.

The offering described in this press release, was made in Israel to residents of Israel only. The said debentures will not be registered under the U.S. Securities Act of 1933 and will not be offered or sold in the United States. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any debentures.

About Cellcom Israel

Cellcom Israel Ltd., established in 1994, is the leading Israeli cellular provider; Cellcom Israel provides its 3 million subscribers with a broad range of value added services including cellular and landline telephony, roaming services for tourists in Israel and for its subscribers abroad and additional services in the areas of music, video, mobile office etc., based on Cellcom Israel's technologically advanced infrastructure. The Company operates an HSPA 3.5 Generation network enabling the fastest high speed content transmission available in the world, in addition to GSM/GPRS/EDGE and TDMA networks. Cellcom Israel offers Israel's broadest and largest customer service infrastructure including telephone customer service centers, retail stores, and service and sale centers, distributed nationwide. Through its broad customer service network Cellcom Israel offers its customers technical support, account information, direct to the door parcel services, internet and fax services, dedicated centers for the hearing impaired, etc. In April 2006 Cellcom Israel, through Cellcom Fixed Line Communications L.P., a limited partnership wholly-owned by Cellcom Israel, became the first cellular operator to be granted a special general license for the provision of landline telephone communication services in Israel, in addition to data communication services. Cellcom Israel's shares are traded both on the New York Stock Exchange (CEL) and the Tel Aviv Stock Exchange (CEL).

For additional information please visit the Company's website http://investors.ircellcom.co.il/

Company Contact Shiri Israeli Investor Relations Coordinator investors@cellcom.co.il Tel: +972 52 998 9755 Investor Relations Contact Ehud Helft / Ed Job CCGK Investor Relations ehud@gkir.com / ed.job@ccgir.com Tel: (US) 1 866 704 6710 / 1 646 213 1914

Cellcom Israel Ltd.

CONTACT: Shiri Israeli, Investor Relations Coordinator of Cellcom Israel
Ltd., +972-52-998-9755, investors@cellcom.co.il; Investor Relations: Ehud
Helft, 1-866-704-6710, ehud@gkir.com, or Ed Job, +1-646-213-1914,
ed.job@ccgir.com, both of CCGK Investor Relations, for Cellcom Israel Ltd.

Web site: http://investors.ircellcom.co.il/

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