Gilat Satellite Networks announced Monday that Dr. Leora Meridor was elected to serve as an external director by the Company’s special meeting of shareholders. Dr. Meridor will serve in this position for a term of three years and until her respective successor is duly elected and qualified.

Dr. Leora (Rubin) Meridor has served as the chair of the board of Bezeq International since January 2001. She also currently serves as a board member of Teva Pharmaceutical Industries Ltd. And is chair of the board of Walla Comm.

Since February 2001. Between 2001 and 2004, Dr. Meridor served as chair of the board of Poalim Capital Markets. Between 1996 and 2000 Dr. Meridor served as Senior Vice President, Head of Credit & Risk Mgmt. Div. Of the First International Bank. From 1992 to 1996 Dr. Meridor served as Head of Research at the Bank of Israel. Dr. Meridor has a Ph.D in Economics.

The shareholders meeting also approved the nomination of Mr. Amiram Levinberg, Chairman of the board of directors, to serve, as the Company’s Chief Executive Officer, as is required by the Israel Companies Law. All other issues announced in the proxy statement of August 30 2005, were approved by the shareholders at the special meeting.