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IDT Corporation Mourns Passing of Jack Kemp

Former Sec. Kemp Served as Director of IDT Corporation

IDT Corporation joins the Nation in mourning the passing of the
Honorable Jack Kemp. Secretary Kemp was a former Board member of various
IDT subsidiaries, and served as member of IDT Corporation’s Board of
Directors from 2003 to 2006. Secretary Kemp was also a close personal
friend of both IDT’s Chairman, Howard Jonas, and CEO, Jim Courter. Jack
Kemp and Jim Courter served together as members of Congress.

“Howard Jonas and I join Jack’s many friends in expressing our heartfelt
condolences to his wife, Joanne and their children,” said Jim Courter,
IDT’s Vice Chairman and CEO. “Jack Kemp was a good man, a good friend,
and a true patriot. I particularly admire Jack’s tenacious fight to
expand economic opportunity for all Americans. Like Ronald Reagan, Jack
realized that true economic and social opportunity for the disadvantaged
depends on a dynamic and prosperous private sector. That understanding
led him to fight tirelessly for lower taxes and limited government.”

About IDT Corporation:

IDT
Corporation
(www.idt.net)
is a multinational holding company focused on 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
Media Relations
Gil Nielsen, 610-704-6622
or
Investor
Relations
Bill Ulrey, 973-438-3838