Cash Dividend Declared by RRsat Board of Directors of Approximately $5.5 Million

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Tue Mar 24, 2009 9:22am EDT

Company Files 2008 Annual Report on Form 20-F With the U.S. Securities and
Exchange Commission

    OMER, Israel, March 24 /PRNewswire-FirstCall/ -- RRsat Global
Communications Network Ltd. (NASDAQ: RRST) ("RRsat" or the "Company"), a
rapidly growing provider of comprehensive content management and global
distribution services to the television and radio broadcasting industries,
today announced that on March 23, 2009, the Company's board of directors
declared a cash dividend in the amount of $0.32 per ordinary share, and in
the aggregate amount of approximately $5.5 million.
    The dividend will be payable on April 23, 2009 to all of the Company's
shareholders of record at the end of the trading day on NASDAQ on April 10,
2009. According to the Israeli tax law, the Company will withhold at source
20% of the dividend amount payable to each shareholder, subject to applicable
exemptions. This dividend does not necessarily reflect dividends for future
periods, which may change at any time in accordance with the Company's
dividend policy. The Company's dividend policy is described in detail in the
Company's Annual Report on Form 20-F for the year ended December 31, 2008.
    Filing of Annual Report on Form 20-F
    On March 24, 2009, the Company filed with the U.S. Securities and
Exchange Commission (SEC) its Annual Report on Form 20-F for the year ended
December 31, 2008. The Annual Report is available for viewing and download on
the SEC's website at http://www.sec.gov, as well as under the Investor
Relations section of RRsat's website at http://www.rrsat.com. A hard copy of
the Company's Annual Report is available upon request, free of charge, by
sending a request to either investors@rrsat.com or info@gkir.com.
    About RRsat Global Communications Network Ltd.
    RRsat Global Communications Network Ltd. (NASDAQ: RRST) provides global,
comprehensive, content management and distribution services to the rapidly
expanding television and radio broadcasting industries. Through its
proprietary "RRsat Global Network," composed of satellite and terrestrial
fiber optic transmission capacity and the public Internet, RRsat is able to
offer high-quality and flexible global distribution services for content
providers. RRsat's comprehensive content management services include
producing and playing out TV content as well as providing satellite
newsgathering services (SNG). RRsat concurrently provides these services to
more than 500 television and radio channels, covering more than 150
countries. Visit the company's website http://www.RRsat.com for more
information.
    Safe Harbor Statement
    This press release contains forward looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended, including statements
regarding (i) the growth of our business and the television and radio
broadcasting industries, (ii) our expectation to expand our client base and
sell additional services to our existing client base,(iii) our ability to
successfully integrate the teleports we acquired, (iv) our ability to report
future successes and (v) our intention to distribute dividends in the future
and the size of any dividends declared. These forward-looking statements
involve known and unknown risks and uncertainties and are based on current
expectations, assumptions, estimates and projections about the companies and
the industry as of the date of this press release. The company undertakes no
obligation to update forward-looking statements to reflect subsequent
occurring events or circumstances, or to changes in its expectations, except
as may be required by law. Forward-looking statements are subject to risks
and uncertainties that may cause actual results to differ materially from
those contemplated by the forward-looking statements, including the risks
indicated in our filings with the Securities and Exchange Commission (SEC).
For more details, please refer to our SEC filings and the amendments thereto,
including our Annual Report on Form 20-F for the year ended December 31, 2008
and our Current Reports on Form 6-K.
    Company Contact Information:   External Investor Relations Contacts:
    Gil Efron, CFO                 Ehud Helft / Kenny Green
    Tel: +972-8-861-0000           Tel: +1-646-201-9246
    investors@rrsat.com            info@gkir.com


SOURCE  RRsat Global Communications Network Ltd

Company Contact Information: Gil Efron, CFO, Tel: +972-8-861-0000,
investors@rrsat.com; External Investor Relations Contacts: Ehud Helft / Kenny
Green, Tel: +1-646-201-9246, info@gkir.com
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