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IDT Corporation Declares Fourth Quarter Dividend of $0.17

The Board of Directors of IDT Corporation (NYSE:IDT) today declared a
quarterly dividend of $0.17 per share of Class A and Class B common
stock for the fourth quarter of its fiscal year 2014. The dividend will
be paid on or about October 3, 2014 to stockholders of record as of the
close of business on September 29, 2014. The ex-dividend date will be
September 25, 2014. The distribution will be treated as an ordinary
dividend for tax purposes.

About IDT Corporation:

(NYSE: IDT), through its IDT Telecom division, provides
retail telecommunications and payment services to help immigrants and
the under-banked to conveniently and inexpensively communicate and share
resources around the world. IDT Telecom’s wholesale business is a
leading global carrier of international long distance voice calls. IDT
also holds majority interests in two early-stage technology companies
focused on high growth industries: Zedge (,
a mobile content discovery and acquisition platform, includes one of the
most popular Apps for Android and iOS; Fabrix Systems (,
a cloud based scale out storage and computing platform, provides a
scalable solution optimized for media and big data processing and
delivery. For more information, visit

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