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IDT Corporation to Report 3rd Quarter Results on June 6, 2007

NEWARK, NJ- May 31, 2007 Please join the IDT Corporation (NYSE: IDT, IDT.C) third quarter fiscal 2007 conference call for results for the three-month period ended April 30, 2007, along with an update on IDT’s businesses. The conference call is scheduled for Wednesday, June 6, 2007 at 4:30 PM (Eastern). An earnings release will be available prior to the call.

Participants may join the conference call two ways – via 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=117461

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 (866) 594-2183, and for international callers is (973) 935-8583, and the Conference ID number is 8810070.  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 Conference ID number 8810070. The teleconference replay will be available for one week after the call.

We look forward to your participation.

Investor Contact
Michael Rapaport
973-438-4408

IDT Corporation is an innovative and opportunity seeking multinational company with operations that span various industries.  Through its Telecom subsidiary, IDT provides telecommunications services worldwide to the retail and wholesale markets. 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 an Energy Services Company (ESCO) in New York State, receivables portfolio management and collection, ethnic food distribution, brochure distribution, 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.