Subject: Statement made pursuant to Circular VIII, No: 54 of the Capital Markets Board
We are requested on May 20, 2013 by Borsa Istanbul to make a public disclosure, which is presented below.
The Savings Deposit Insurance Fund (“SDIF”) made an announcement at Borsa Istanbul on 20 May 2013 of its decision of seizure on the property, rights and receivables of those legal entities and individuals, listed in the attachment of its announcement (the “Attachment”), matching the amount of their overdue payables.
Our Company holds an 8% indirect stake in Aks Televizyon Reklamcılık ve Filmcilik San. ve Tic. A.Ş. (“AKS TV”), including the shares owned through our ownership in its majority shareholder, T Medya Yatırım San. ve Tic. A.Ş. (“T Medya”). Our Company does not have any information regarding any stakeholder relationship of AKS TV, or T Medya, with the other legal entities in the Attachment.
On the other hand, among the companies listed in the Attachment, Çukurova Holding A.Ş. holds a 0.05% direct stake in our Company. In addition, among the companies listed in the Attachment, Çukurova İthalat ve İhracat Türk A.Ş., Akdeniz Endüstri ve Tarım Ürünleri Ticaret A.Ş. and Çukurova Sanayi İşletmeleri T.A.Ş each hold a 0.0006% stake, separately, in Global Bilgi Pazarlama Danışma ve Çağrı Servisi Hizmetleri A.Ş, which is 99.8% owned by our Company.
The aforementioned SDIF action is expected to have no material impact on our Company’s operations and financial condition.
For more information: