Exhibit 99.2
CONSENT OF RATING AGENCY
We consent to the incorporation by reference in the Registration Statement on Form S-8 (No. 333-149175) of Alon Blue Square Israel Ltd. (“the Company”) of the reference to our Caa1.il rating for the Series C bonds issued by the Company and keeping the rating under review with direction uncertain, and of the unofficial translation of our Monitoring Report dated July 2016 with respect to the foregoing, included in this Current Report on Form 6-K.
| /s/ Sigal Issachar | |
| Sigal Issachar, VP, Head of Corporate Finance | |
| Midroog Ltd. |
Tel-Aviv, Israel,
July 7, 2016.
