NEWARK, NJ - October 25, 2000 - IDT Corporation (NASDAQ: IDTC) will report results for the quarter and fiscal year ended July 31, 2000 on October 30, 2000 after the closing bell. We will host a conference call that day for investors, analysts, reporters and the general public at which we will discuss results for the quarter and the year. We will also discuss forward-looking topics, such as the outlook for results in future quarters. Our conference call is scheduled for Monday, October 30th, at 5:30 PM (EDT).

There are two ways to participate in the conference call -- via teleconference or webcast. Access the webcast by visiting the IDT Corp. website (http://www.idt.net). A direct link to the call will be found under the Investor Relations tab of the website. RealAudio software will be needed to listen to the streaming feed of the conference call. Allow at least 15 minutes to download any necessary audio software prior to the call.

Via telephone, the dial-in number is 1-800-447-0521 for domestic callers, or 1-847-413-3238 for international callers. There is no pass code required.

An archived copy of the call will be available at the IDT website on the Investor Relations tab, or via a replay at 1-888-843-8996 -- passcode #3029071, or 1-630-652-3044 for international callers. The teleconference replay and the archived webcast will be available for one week after the conference call.

IDT is a leading facilities-based multinational carrier that combines its position as an international telecommunications operator with its experience as an Internet service provider to offer a broad range of telecommunications services to its wholesale and retail consumers worldwide. Through its own telecommunications backbone and network infrastructure, IDT provides its customers with integrated and competitively priced international and domestic long distance, pre-paid calling cards, Internet access and Digital Subscriber Line (DSL) service. The Company's Ventures division is developing several innovative telecom and Internet related businesses.

Mary Jennings
973/438-3124