Istanbul, May 20, 2013
Announcement regarding the Borsa Istanbul’s public disclosure request on the SDIF’s takeover of AKS TV and BMC, the Cukurova Group companies
Subject: Statement made pursuant to Circular VIII, No: 54 of the Capital Markets Board
We are requested on May 17, 2013 by Borsa Istanbul to make a public disclosure, which is presented below.
On May 17, 2013, the Savings Deposit Insurance Fund (“SDIF”) announced that it had taken over the management of AKS Televizyon Reklamcılık ve Filmcilik San. ve Tic. A.S. (“AKS TV”) and BMC San. ve Tic. A.S. (“BMC”) against its overdue receivables from the Cukurova Group.
As of March 31, 2013, our Company, including the shares owned through T Medya Yatırım San. ve Tic. A.S. (majority shareholder of AKS TV), has a 8% indirect stake in AKS TV, whose carrying amount in our accounts constitutes 0.2% of our total assets. The aforementioned action of the SDIF is expected to have no material impact on our Company’s operations and its financial condition. In addition, there is no financial or ownership relationship between our Company and BMC.
For more information:
Turkcell Investor Relations
investor.relations@turkcell.com.tr
Tel: + 90 212 313 1888
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