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IDT Corporation Schedules Investor Day

IDT Corporation (NYSE: IDT; IDT.C) will hold an Investor Day in New York
City on the afternoon of Wednesday, February 9, 2011.

For details and registration, please e-mail IDT investor relations (invest@idt.net)
or call (973) 438-3838.

Written materials used or distributed during the Investor Day program
will be posted on the Investor Relations page of IDT Corporation’s
website (www.idt.net/ir)
before market open on the day of the event. An audio webcast of the
Investor Day presentations will also be available through the website,
and will remain posted there for at least sixty days.

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.

Investor Relations
IDT Corporation
Bill Ulrey, 973-438-3838
invest@idt.net