Israel Discount Bank Q1/10 Earnings Conference Call Thursday, 27th May, 2010 at 16.00 (Israel) 14.00 (UK) 09.00 (EST)

TEL-AVIV, Israel, May 11, 2010 - Israel Discount Bank Limited (TASE:DSCT), one of Israel's leading
banks, announced today that it will be releasing its financial results for
Q1/2010 on Thursday, 27th May, 2010.

The Bank will be hosting a conference call on Thursday, 27th May,
2010 at 16.00 (Israel) 14:00 (UK) and 09.00 (EST), during which management
will review the results and be available to answer questions. Participating
from Israel Discount Bank are Mr. Giora Offer- President & CEO, Mr. Yossi
Beressi-Senior EVP & Chief Accountant, Ms. Dorit Ben-Simon EVP & Head of
Finance.

To participate, please call one of the following teleconferencing
numbers. Please begin placing your calls at least 10 minutes before the
conference call commences.

    Israel & other International Dial-in Number +972 3 918 0609
    United Kingdom Dial-in Number 0 800 917 5108
    United States Dial-in Number +1 888 668 9141
    Canada +1 866 485 2399

Presentation material will be available on our website 1 hour
prior to the call accessible at www.discountbank.co.il/IR

A replay will be available after the call on our IR website, and
from 27th May, 2010 through 3rd June, 2010, by dialing Israel +972 3 925
5900, United Kingdom 0 800 917 4256, United States +1 888 326 9310; Canada +1
866 500 4953.

About Israel Discount Bank

Israel Discount Bank is the third largest banking franchise and a
leading financial group in Israel. With nationwide coverage, and a
fast-growing domestic franchise, Israel Discount Bank provides a full
spectrum of corporate and retail financial products and services to its
clients, both in Israel and key financial centers around the world. Israel
Discount Bank is a member of and is traded on the Tel-Aviv Stock Exchange
under the Ticker DSCT Bloomberg: DSCT.IT Reuters: DSCT.TA

For additional information, please visit the Company's investor
relations website at

www.discountbank.co.il/IR

    Company Contact
    Barry Simon
    Investor Relations
    Tel: +972-3-5146593
    barry.simon@discountbank.co.il

Company Contact: Barry Simon, Investor Relations, Tel: +972-3-5146593, barry.simon at discountbank.co.il