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IDT Corporation to Report 3rd Quarter Results June 7th; Conference Call Scheduled for 8:30 AM (ET)

NEWARK, N.J. – May 30, 2006 Please join us for the IDT Corporation (NYSE: IDT, IDT.C) third quarter conference call when we report results for the period ended April 30, 2006, along with an update on our businesses. Our conference call is scheduled for Wednesday, June 7th at 8:30 AM (ET). An earnings release will be available prior to the call.

We are pleased to offer two ways to participate in the conference call – via teleconference or webcast. The webcast may be accessed by visiting the IDT Corporation website at https://www.idt.net/, or by using the hyperlink: http://www.vcall.com/IC/CEPage.asp?ID=105480.

You 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.

If you choose to participate via telephone, the dial-in number for domestic callers is

(866) 594-2183, and for international callers (973) 935-8583. Conference ID # 7450880 will speed your connection to the call.  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) 519-4471, and for international callers at (973) 341-3080, both using Passcode # 7450880. The teleconference replay will be available for one week after the call.

We look forward to your participation.