AMSO Unveils Technical Advisory Board.

Leading Scientists to Advise Shale Oil Research Effort

NEWARK, N.J. -- American Shale Oil, LLC (AMSO), a federal oil shale research, development and demonstration lease holder, today announced the formation of its Technical Advisory Board composed of seven distinguished scientific researchers. The Board will advise AMSO on technical challenges associated with producing shale oil. AMSO is a joint venture of IDT Corporation (NYSE: IDT, IDT.C) and Total (NYSE: TOT).

The Board is chaired by Dr. Larry W. Lake. Dr. Lake is a professor at, and the former Chairman of, the Petroleum and Geosystems Engineering department at the Cockrell School of Engineering, University of Texas at Austin.

Other members of AMSO's Technical Advisory Board announced today are:

* Professor Cedric Briens: Department of Chemical Engineering at the University of Western Ontario;

* Professor Alan R. Carroll: Department of Geology and Geophysics at the University of Wisconsin at Madison;

* Dr. S. Julio Friedmann: Carbon Management Program Leader, Lawrence Livermore National Laboratory;

* Dr. Paul Hommert, Ph.D.: Executive Vice President and Deputy Laboratories Director for the Nuclear Weapons Program, Sandia National Laboratories;

* Professor James R. Rice, Ph.D.: Mallinckrodt Professor of Engineering Sciences and Geophysics, Department of Earth and Planetary Sciences and School of Engineering and Applied Sciences, Harvard University;

* Professor M. Nafi Toksoz, Ph.D.: Professor of Geophysics at the Department of Earth, Atmospheric and Planetary Sciences, Massachusetts Institute of Technology (MIT).

"Each member of AMSO's Technical Advisory Board is a leader in his chosen field, and we are delighted by their participation in this effort," said Claude Pupkin, President of AMSO. "The Board will consult with and counsel our in-house technical team as we tackle the crucial environmental and technical challenges of oil shale development including the development of carbon sequestration and groundwater conservation technologies."

"Oil shale is one of the world's greatest untapped energy resources," said Howard Jonas, Chairman of AMSO and IDT Corporation. "We are able to bring some of the brightest minds in the country to work on this effort because they understand both the strategic importance of the resource as well as the necessity to develop oil shale utilizing environmentally appropriate technologies."

About AMSO

American Shale Oil, LLC (AMSO), (www.amso.net) is a 50/50 joint venture of IDT Corporation (NYSE: IDT, IDT.C) and Total (NYSE: TOT). AMSO holds one of the five U.S. Bureau of Land Management oil shale research, development and demonstration leases on government-owned lands in the Piceance Basin in northwest Colorado.

AMSO's mission is to develop its proprietary technology into a commercially viable and environmentally sound method of producing commercial quantities of shale oil by using in-situ extraction processes.

About Total

Total is one of the world's major oil and gas groups, with activities in more than 130 countries. Its 96,000 employees put their expertise to work in every part of the industry - exploration and production of oil and natural gas, refining and marketing, gas & power and trading. Total is working to keep the world supplied with energy, both today and tomorrow. The Group is also a leading player in chemicals.

Total's Research and Development Department constantly seeks to innovate in all processes that are linked to energy. Research is focused on four areas: knowledge of energies to optimize their development, reliability and energy efficiency of operations, product competitiveness and mastering environmental challenges. In 2008, Total invested one billion dollars in Research and Development, and employed more than 4,000 researchers working in 22 research centres worldwide. Total has also created over 600 partnerships with research organizations, universities and large industrial groups

About IDT Corporation:

IDT Corporation (www.idt.net) is a multinational holding company focused on the telecommunications and energy industries. IDT Corporation's Class B Common Stock and Common Stock trade on the New York Stock Exchange under the ticker symbols IDT and IDT.C, respectively.

In this press release, all statements that are not purely about historical facts, including, but not limited to, those with the words "believe," "anticipate," "expect," "plan," "intend," "estimate," "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All forward-looking statements and risk factors included in this document are made as of the date hereof, based on information available to IDT as of the date thereof, and IDT assumes no obligation to update any forward-looking statements or risk factors.