Partner Communications Company Ltd. announced, further to the company's report dated December 27, 2017, regarding the company's undertaking of a deferred issuance of ILS 126.75 million, par value of Series F debentures to institutional investors ("the Institutional Investors"), that it has entered into an agreement with an additional institutional investor for a deferred private placement of ILS 100 million, par value of additional Series F debentures on December 1, 2019. Under the conditions set forth in the said immediate report and subject to the following amendment: It was determined that insofar that an event of breach of the terms of the debentures (Series F) occurs for which a cure period for the company was determined in the deed of trust (the "Cure Period"), and the Agreed Date falls within the Cure Period, the Agreed Date will be postponed to three business days after receipt of the notice regarding the Cure Period, provided that the correction of the breach is carried out by the end of the Cure Period. The company will propose to the institutional investors to apply the conditions set out in this agreement to the letter of undertakings signed with them. The company's total undertaking for a deferred private placement of debentures at the Agreed Date is ILS 226.75 million par value. Under the assumption that no rating reduction event occurs, the Additional Debentures will be issued at a premium. In accordance with the "Green Track" arrangement approval that the Company received from the Israel Tax Authority, and under the assumption that no further Series F debentures will be issued until the Agreed Date (apart from the placement that is due to occur on December 4, 2018 and the issuance to institutional investors that is due to take place on December 1, 2019), the uniform weighted discount rate for all the Series F debentures will be 0.085223%.