IDT Corporation (NYSE: IDT; IDT.C) has scheduled its presentation of
      financial and operational results for the first quarter of fiscal 2011,
      the three months ended October 31, 2010, on Thursday, December 9th
      at 5:15 PM Eastern.
    
      Management’s pre-recorded remarks will be accessible through the
      investor relations page of the IDT website (https://www.idt.net/about/ir)
      in an MP3 audio file. The audio file will be available through the IDT
      website for one year.
    
      An earnings release will be filed on a Form 8-K and posted on the
      investor relations page of the IDT website (https://www.idt.net/about/ir) simultaneously
      with the posting of management’s remarks. As in prior quarters, the
      earnings release will not be issued over a wire service.
    
      Following the presentation, investors are invited to e-mail questions
      for IDT’s management to invest@idt.net.
      The Company will accept questions received through the close of business
      on Monday, December 13, 2010. Questioners must identify themselves by
      name and (if applicable) firm.
    
      When management can constructively answer the question, the initial
      question, the questioner’s name and firm’s name, and management’s
      response, will be posted in a document available on the IDT Corporation
      website’s investor relations page and on a Form 8-K filing as early as
      Thursday, December 16, 2010 following the market close.
    
About IDT Corporation:
IDT
      Corporation (www.idt.net)
      is a consumer services company with operations primarily in 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.
    
      Investor Relations
IDT Corporation
Bill Ulrey, 973-438-3838
invest@idt.net