BoD Resolution Regarding the Share Buyback


In order to eliminate the adverse impacts that the unjust and manipulative news articles targeting our Company today which have appeared in the media could create on our investors at Borsa İstanbul A.Ş. ("the Stock Market"), and taking into consideration paragraphs 4, 5, and 6 of Article 5, and paragraph 8 of Article 12 of the Communique on Shares Buyback (II-22.1) of the Capital Market Board (“CMB”), as well as the announcements made by the CMB on July 21, 2016, and July 25, 2016, our Board of Directors has authorized the Company management to carry out the procedure of shares buyback for the Company with its Resolution of 01.12.2016. Within this scope, it has been resolved to set the maximum amount of funds allocated for buyback as 5,200,000 Turkish Liras, and to set the maximum number of shares to be bought back not to exceed such amount.

The fact that spreading unjust and manipulative news about our Partnership the shares of which are being traded in the Stock Exchange, and which is public, and within this scope, the deeds hurting our investors in such a way as to disrupt the secure, open, and consistent operation of the Stock Exchange should be subject to sanctions within the scope of the Capital Markets Law No. 6362 is being assessed, and we would like to also note that all our legal rights about this matter are reserved.

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