Yes, you can set a maximum of 8-speed dial entries.
To set up Speed Dial Entries:
1. From the main menu, select Settings > Phone settings > Keypad > Numeric keys.
2. Highlight the key with which you wish to assign the speed-dialing number (from 2 to 9), pressEdit > Contacts.
3. Scroll to choose a contact you want to assign from Contacts and press OK.