Gilat to Host Third Quarter 2008 Conference Call and Webcast on November 24, 2008

Business Wire, Nov 10, 2008

PETAH TIKVA, Israel -- Gilat Satellite Networks Ltd. (Nasdaq:GILT) today announced that it will release its third quarter 2008 financial results on Monday, November 24, 2008.

Following the earnings announcement, Gilat will host a conference call at 9:30 AM EST. To access the conference call, participants from the U.S. should dial (888) 281-1167 and international participants should dial (972) 3-918-0692. The quarterly presentation may be accessed through the Company's website at www.gilat.com prior to the call.

A replay of the call will be available beginning at approximately 12:00 PM EST, November 24, 2008 until November 26, 2008 at 12:00 PM. To listen to the replay, U.S. participants should call (888) 326-9310 and international participants should call (972) 3-925-5947.

The call will also be available as a webcast on the Company's website at: www.gilat.com and will be archived for 30 days.

About Gilat Satellite Networks Ltd.

Gilat Satellite Networks Ltd. (Nasdaq and TASE: GILT) is a leading provider of products and services for satellite-based communications networks. The Company operates three business units: (i) Gilat Network Systems ("GNS"), which is a provider of network systems and associated professional services to service providers and operators worldwide; (ii) Spacenet Inc., which provides managed services in North America 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 750,000 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 16 sales and service offices worldwide. Gilat markets the SkyEdge[TM] and SkyEdge II Product Family, which includes the SkyEdge Pro, SkyEdge IP, SkyEdge Call, SkyEdge DVB-RCS and SkyEdge Gateway.

Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, the ability of the parties to complete the transactions contemplated by the Agreement and Plan of Merger in a timely manner, changes in general economic and business conditions, inability to maintain market acceptance to Gilat's products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat's products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company's proprietary technology and risks associated with Gilat's international operations and its location in Israel. For additional information regarding these and other risks and uncertainties associated with Gilat's business, reference is made to Gilat's reports filed from time to time with the Securities and Exchange Commission.