Genie Energy To Announce First Quarter Fiscal 2012 Results On December 8th

Genie Energy Ltd., (NYSE: GNE) a retail energy provider and developer of unconventional energy projects, will announce financial results for its first quarter fiscal 2012, the three months ended October 31, 2011, on Thursday, December 8, 2011.

Genie Energy will issue an earnings release at 7:30 AM on December 8 th. The earnings release will also be posted on the “Investors” section of its website ( www.genie.com/investors) and filed in a current report (Form 8-K) with the S.E.C.

Genie Energy’s management will host a conference call at 8:30 AM ET on December 8 th to discuss financial and operational results, business outlook and strategy. The call will begin with management’s remarks followed by Q&A with analysts and investors.

To participate in the Q&A, dial toll-free 1-877-317-6789 (from U.S.) or 1-412-317-6789 (international) and request the Genie Energy call.

A listen-only webcast will be available at http://www.b2i.us/external.asp?b=2100&id=59384&from=du&L=e. The webcast will remain available in the “Investors” section of the Genie Energy website ( www.genie.com/investors) for one year after the call. An audio replay will also be available one hour after the call concludes through December 13, 2011 by dialing 1-877-344-7529 (conference code 10006999).

About Genie Energy Ltd.:

Genie Energy Ltd (NYSE: GNE) is comprised of IDT Energy and Genie Oil and Gas (GOGAS). IDT Energy is a retail energy provider (REP) supplying electricity and natural gas to residential and small business customers in the Northeastern United States. GOGAS is pioneering technologies to produce clean and affordable transportation fuels from the world's abundant oil shales and other unconventional fuel resources. GOGAS resource development projects include oil shale initiatives in Colorado and Israel. For more information, visit www.genie.com.

Copyright Business Wire 2010

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