| Resolution Date of the Board of Directors Regarding the Sale | 10.05.2010 |
| Name of the Financial Asset Sold | Anadolu Anonim Türk Sigorta Şirketi |
| Business Line of the Financial Asset Sold | Elementary Insurance |
| Capital of the Financial Asset Sold | TL 500,000,000 |
| Completion Date of the Transaction |
Transfer of the shares will be effected at the ISE Wholesale Market following the granting of required permission from the Treasury and the Competition Authority. |
Sales Conditions |
Sale of shares will be effected at the ISE Wholesale Market. |
Nominal Value of the Shares Sold |
TL 177,650,111 |
| Price Per Share |
The sale of shares will be realized at the ISE Wholesale Market by using the base price which will be determined by rounding the average of the weighted average prices that were formed in 10 business days prior to the last business day of the week before the application date, to the nearest price tick. |
| Total Amount | - |
| The Percentage of Shares Sold to the Capital of the Financial Asset (%) | 35.53% |
The Share in the Financial Asset Following the Sale (%) | None. |
Percentage in the Voting Rights of the Financial Asset Following the Sale (%) | None. |
The ratio of the Financial Asset Sold to the Total Assets of the Company According to the Last Financial Statement Announced to the Public (%) | 0.17% |
| Effect on the Activities of the Company | - |
| Profit / Loss Due to the Sale | - |
| How the Sale Profit, if any, will be Used | Not determined yet. |
| Resolution Date of the Board of Directors Regarding on How the Sales Profit, if there is any, will be Used | - |
| Name of the Purchasing Party | Milli Reasürans T.A.Ş. |
| Relation of the Purchasing Party with the Company | Subsidiary |
| Valuation Method of the Financial Asset |
The sale of shares will be realized at the ISE Wholesale Market by using the base price which will be determined by rounding the average of the weighted average prices that were formed in 10 business days prior to the last business day of the week before the application date, to the nearest price tick. |
| Whether Valuation Report is Prepared | Valuation Report is not prepared. |
If not, the Reason for not preparing the Valuation Report | There is no requirement for preparing a valuation report. |
The Amount at the Valuation Report | Valuation Report is not prepared. |
The Reason for the Discrepancy, if any, between the Transaction and the results of the Valuation Report | Valuation Report is not prepared. |