Leadcom Awarded 'A3' Rating by Midroog, Moody's Affiliate 

Azur, Israel, December 15, 2006 - Leadcom Integrated Solutions Ltd. ('Leadcom' or 'the Company'), (AIM: LEAD), a leading international provider of innovative telecommunication solutions, is pleased to announce that it has been awarded a new project with one of its global strategic vendor partners.

The project, in TSP (Total Service Provider) model, will include Civil, Electrical, Telecom Implementation and Project Management services in one of the major Circles of India. The value of the first phase of the project is approximately US$10 million, which will be recognized in 2007.

Ilan Menachem, General Manager of the Indian region anticipates that this project may grow significantly in both scope and volume.

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