Metalink Schedules Fourth Quarter and Annual Results Conference Call for 2006

Metalink Ltd. (NASDAQ: MTLK) today announced that its fourth quarter and annual results conference call for 2006 will be broadcast "live" in listen-only mode via its website on Tuesday, January 30th, 2007 at 9:00 AM (EDT). Metalink's fourth quarter and annual results for 2006 will be released at 7:30 AM EST on the same day.

To listen to the web broadcast of the conference call, click on the investor relations icon of the Company's website at http://www.MetalinkBB.com

About Metalink

Metalink Ltd. (NASDAQ: MTLK) is a leading provider of high performance wireless and wireline broadband communication silicon solutions. Metalink's WLAN and DSL technologies are designed to enable true broadband connectivity in every home, and its products revolutionize the broadband experience by facilitating the convergence of telecommunication, networking and entertainment.

Metalink's WLANPlus(TM) is a high-throughput, 802.11n-draft-compliant wireless LAN technology optimized for the networked home entertainment environment. Featuring advanced MIMO technology and full support of QoS, and operating in both 2.4GHz and 5GHz bands, WLANPlus enables multi-room networking of multiple high-definition video streams. In addition, Metalink offers a broad range of symmetric DSL and VDSL products used by operators as a cost-effective network upgrade to support triple-play services.

Headquartered in Yakum, Israel, the company has subsidiaries in Atlanta (US), South Korea, and Japan as well as an office in China. Further information is available at http://www.metalinkbb.com

Contact:

Yuval Ruhama

CFO

Metalink Ltd.

Tel: +972-9-9605395

Fax: +972-9-9605544

yuvalr@metalinkbb.com

Mor Abraham

Marketing Communications Manager

Metalink Ltd.

Tel: +972-9-9605406

Fax: +972-9-9605399

amor@metalinkbb.com

This press release contains "forward looking" information within the meaning of the United States securities laws that involve risks and uncertainties that could cause actual results to differ materially from those in the forward looking statements. Additional factors that could cause actual results to differ materially from these forward-looking statements are set forth from time to time in Metalink's filings with the Securities and Exchange Commission, including Metalink's Annual Report in Form F-20. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to republish or revise forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrences of unanticipated events. The Company cannot guarantee future results, events, and levels of activity, performance, or achievements.

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