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IDT Corporation to Report 2nd Quarter Results on March 11th, 2008

Please join the IDT Corporation (NYSE: IDT, IDT.C) second quarter fiscal

2008 conference call for results for the three-month period ended

January 31, 2008, along with an update on IDT’s businesses. The

conference call is scheduled for Tuesday, March 11th, 2008 at 4:30 PM

(Eastern). An earnings release will be available prior to the call.

Participants may join the conference call two waysvia

teleconference or webcast. The webcast may be accessed by visiting the

IDT Corporation website at www.idt.net,

or by using the hyperlink:

http://www.vcall.com/IC/CEPage.asp?ID=126645

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

(800) 351-4893, and for international callers is (334) 323-7224, and the

Password for both is IDT.

Please dial in approximately 10 minutes prior to the start of the call.

An archived copy of the call will be available on the Investor Relations

page of the IDT website, at: https://www.idt.net/about/ir/overview.asp;

or via a replay, for domestic callers at (877) 919-4059, and for

international callers at (334) 323-7226, both using Conference ID number

73022506. The teleconference replay will be available for one week after

the call.

We look forward to your participation.

About IDT

IDT

Corporation is an innovative and opportunity seeking multinational

holding company with operations that span various 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 IDTs

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, ethnic food distribution, 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.