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IDT Corporation Changes 2012 Annual Meeting Location

IDT Corporation (NYSE: IDT) has changed the location of its Annual
Meeting of Stockholders scheduled for Monday, December 17th,
2012 at 10:30 AM. The date and time remain unchanged. The previously
announced location is unavailable because of flooding caused by
Hurricane Sandy.

IDT’s Annual Meeting will be held at 550 Broad Street in Newark, NJ
07102. Directions are available through this web page
Stock holders attending the meeting should check in at the information
desk in the lobby. All stockholders as of the record date (October 19,
2012) are invited to attend.

If you are a stockholder of record, a form of personal photo
identification must be presented in order to be admitted to the Annual
Meeting. If your shares are held in the name of a bank, broker or other
holder of record, you must bring a brokerage statement or other written
proof of ownership as of October 19, 2012 with you to the Annual
Meeting, as well as a form of personal photo identification.

Please email or call
IDT Investor Relations at (973) 438-3838 for additional information.

About IDT Corporation:

(NYSE: IDT) through its IDT Telecom division, provides
telecommunications and financial services. IDT Telecom’s retail products
allow people to communicate and share financial resources around the
world while its carrier services business is a global leader in
wholesale voice termination. For more information, visit

Investor Relations
IDT Corporation
Bill Ulrey, 973-438-3838