IDT and IDT Chile Assist Relief Effort

IDT Corporation (NYSE: IDT; IDT.C) – a leading provider of international
telecommunications services – and IDT Chile, S.A., today announced a
package of measures to assist communications following the earthquake in
Chile and support the relief effort.

“IDT is helping our customers in both the US and Chile to connect with
family and friends during this time of crisis. To assist the Chilean
earthquake relief effort, we are contributing the net proceeds from our
popular Boss Revolution service, matching employee donations to the
American Red Cross, and donating calling cards in Chile,” said Liore
Alroy, President and CEO of IDT Telecom.

IDT said that effective immediately:

• IDT Chile is distributing free calling cards through international
  consulates and local charities to help Chileans connect with family
  and friends to assure them of their welfare.
• 100% of all proceeds less termination costs on all calls to Chile made
  with IDT Telecom’s popular Boss Revolution service through March 31^st
  will be donated to the American Red Cross’ Chilean earthquake relief
  effort.
• IDT will match the first $50,000 in donations made by its employees
  worldwide to organizations leading the Chilean relief effort.

About IDT Corporation:

IDT
Corporation (www.idt.net)
is a consumer services company with operations primarily in the
telecommunications and energy industries. IDT Corporation’s Class B
Common Stock and Common Stock trade on the New York Stock Exchange under
the ticker symbols IDT and IDT.C, respectively.

IDT Corporation
Bill Ulrey, 973-438-3838
William.ulrey@idt.net