Gilat's First Quarter 2006 Conference Call and Webcast Scheduled for May 10, 2006

Business Wire, May 1, 2006

PETAH TIKVA, Israel -- Gilat Satellite Networks Ltd. (Nasdaq: GILT) today announced that it will release its first quarter 2006 financial results on Wednesday, May 10, 2006.

Following the earnings announcement, Gilat will host a conference call at 9:00 AM EDT. Participants from the U.S. or Canada may dial in at (800) 743-4271 and international/local participants may dial in at (706) 679-0727. You may access the live webcast through the Company's website at www.gilat.com.

A replay of the call will be available beginning at approximately 10:00 AM EDT, May 10, 2006 until May 17, 2006 at 11:59 PM. To listen to the replay, for US/Canada participants, please call (800) 642-1687, for international/local participants, please call (706) 645-9291. To access the live call and the replay, users will need to enter the following code: 8337007. The call will be archived for a period of 90 days.

About Gilat Satellite Networks Ltd.

Gilat Satellite Networks Ltd. (Nasdaq: GILT) is a leading provider of products and services for satellite-based communications networks. The Company operates under three business units: (i) Gilat Network Systems ("GNS"), which is a provider of network systems and associated professional services to service providers and operators; (ii) Spacenet Inc, in North America, which provides managed services for businesses and governments through its Connexstar service brand and for consumers through its StarBand service brand; (iii) Spacenet Rural Communications, which offers rural telephony and internet access solutions to remote areas primarily in Latin America.

Gilat was founded in 1987 and has shipped over 600,000 Very Small Aperture Terminals (VSATs) to more than 85 countries across six continents. Gilat's headquarters is located in Petah Tikva, Israel. The Company has 14 local offices and 3 service facilities worldwide. Gilat markets the SkyEdge (TM) Product Family which includes the SkyEdge(TM) Pro, SkyEdge(TM) IP, SkyEdge(TM) Call, SkyEdge(TM) DVB-RCS and SkyEdge(TM) Gateway. In addition, the Company markets numerous other legacy products. Visit Gilat at www.gilat.com