Ituran Location and Control Ltd. Fourth Quarter and Full Year 2008 Results Release and Conference Call Scheduled for Monday, February 23, 2009

Conference Call Scheduled at 10.00am ET

AZOUR, Israel, January 26 -- Ituran Location and Control Ltd. , announced that it will be releasing its fourth quarter and full year 2008 results on Monday, February 23, 2009, before the US market opens.

The Company will also be hosting a conference call later that day at 10:00am ET. On the call, management will review and discuss the results, and will be available to answer investor questions.

To participate, call one of the following teleconferencing numbers. Please begin placing your calls at least 10 minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number.

US Dial-in Number: 1-888-723-3164
ISRAEL Dial-in Number: 03-918-0691
CANADA Dial-in Number: 1-866-958-6867
INTERNATIONAL Dial-in Number: +972-3-918-0691

At:

10:00am Eastern Time, 7:00am Pacific Time, 5:00pm Israel Time

For those unable to listen to the live call, a replay of the call will be available from the day after the call in the investor relations section of Ituran's website, at: ITURAN