Citi To Partner Partner

Citi reports that its Global Transaction Services business, acting through Citibank N.A., has been appointed by Partner Communications Company, an Israeli provider of telecommunications services, as the successor depositary bank for its American Depositary Receipt (ADR) programme. Partner's ADRs trade on the NASDAQ under the symbol 'PTNR', with each ADR representing 1 ordinary share. Partner's ordinary shares are listed on the Tel Aviv Stock Exchange.

Ziv Leitman, chief financial officer of Partner, commented: "We are pleased with the appointment...and look forward to working closely...to add value both to our existing and potential shareholders in the US."

Dirk Jones, global head of securities and fund services client sales management at Citi, said: "It's a privilege to be appointed by Partner; with Citi's investor relations expertise and global equity distribution network, we're confident we can provide outstanding investor access and awareness to the programme.”