Israel Discount Bank Q2/10 Earnings Conference Call

Tuesday 31st August 2010 at 16.00 (Israel) 14.00 (UK) 09.00 (EST)

TEL-AVIV, Israel, August 9, 2010 - Israel Discount Bank Limited (TASE:DSCT), one of Israel's leading
banks, announced today that it will be releasing its financial results for
Q2/2010 on Tuesday, 31st August, 2010. The Bank will be hosting a conference
call the same day at 16.00 (Israel) 14:00 (UK) and 09.00 (EST), during which
management will review the results and 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 +972-3-918-0664
    United Kingdom Dial-in Number 0800-917-9141
    United States Dial-in Number +1-888-407-2553

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 31st August, 2010 through 7th September, 2010, by dialing Israel
+972-3-9255939, United Kingdom 0800-917-4256, United States +1-888-295-2634.

About Israel Discount Bank

Israel Discount Bank is 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