Ituran Location and Control Ltd. Schedules its Second Quarter 2008 Results Release and Conference Call For Tuesday, August 12, 2008

Conference Call Scheduled at 10 am ET

AZOUR, Israel, July 17 -- Ituran Location and Control Ltd. , announced that it will be releasing its second quarter 2008 results on Tuesday, August 12, 2008, before the US market opens.

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

To participate, please call one of the following teleconferencing numbers. Please begin placing your calls 10 minutes before the conference call commences.

    
                        US Dial-in Number: 1-888-668-9141
                        UK Dial-in Number: 0-800-032-3367
                       ISRAEL Dial-in Number: 03-918-0691
                  INTERNATIONAL Dial-in Number: +972-3-918-0691

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