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.
Press and Hold the speed dial numerical key you want until it accepts it and begins to call the number assigned to that number.