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IDT Corporation Chairman Howard Jonas to Address Shareholders on June 19th

IDT Corporations founder and Chairman of the
Board, Howard Jonas, will host a conference call to discuss the companys
recent performance and current financial position, and to reaffirm its
commitment to meeting the financial objectives set forth during the
third quarters earnings call. The call is
scheduled for Thursday, June 19th, 2008 at 4:30 PM (Eastern).

Participants may join the conference call in two waysvia
webcast or teleconference. The webcast may be accessed by visiting the
IDT Corporation website at,
or by using this hyperlink:

Participants will need Windows Media software to listen to the streaming
feed of the conference call. Please allow at least 15 minutes to
download any necessary audio software prior to the call.

To participate via telephone, the dial-in number for domestic callers is
(877) 407-8033, and for international callers is (201) 689-8033. Please
dial in approximately 10 minutes prior to the start of the call.

An audio archive of the call will be available on IDT’s Investor
Relations webpage, at,
under “Presentations”; or via a replay, for domestic callers at (877)
660-6853, and for international callers at (201) 612-7415, both using
Account Number 286 and Conference ID number 288923. The teleconference
replay will be available for one week after the call.

We look forward to your participation.

About IDT

is an innovative and opportunity seeking multinational
holding company with operations that span several industries. Through
its Telecom subsidiary, IDT provides telecommunications services
worldwide to the retail and wholesale markets. IDT Energy operates an
Energy Services Company (ESCO) in New York State. IDT subsidiary
American Shale Oil Corporation (AMSO) manages IDT’s oil shale ventures.
IDT’s Capital division incubates newer businesses, and the Company’s
Spectrum subsidiary holds its spectrum license assets. IDT Telecom
provides retail and wholesale telecommunications services and products,
including pre-paid and rechargeable calling cards, consumer local, long
distance, and wireless phone services, and wholesale carrier services.
Under the Net2Phone brand name, the Company also provides a range of
voice over Internet protocol (VoIP) communications services. IDT
Capital’s operations include receivables portfolio management and
collection, brochure distribution, Internet Mobile Group, Net2Phone
Ventures and other initiatives. 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
Ulrey, 973-438-3838