Financial Fixed Asset Sale (Doğan Internet)

The following has been resolved during the Board of Directors meeting of our Company dated 29.12.2017 (today), no. 2017/30:

A total of 660,000 registered shares, with a nominal value of 1,- Turkish Lira each representing 15% of the capital of Doğan İnternet Yayıncılığı ve Yatırım A.Ş., where we have 100% shares in the fully paid 4,400,000 Turkish Lira capital, with 4,400,000 shares all of which are registered shares are to be sold and transferred to Öncü Girişim Sermayesi Yatırım Ortaklığı A.Ş., in cash and in advance payment, for a total price of 7,227,450 Turkish Liras, each share being 10,95 Turkish Liras as per the value assessed with the Valuation Report of 28/12/2017 prepared by KPMG Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş; and during the course of such share sale and transfer transaction, the 3,741,131.25 TL portion which will be exempted from taxation, out of the 4,998,175.00 Turkish Lira “subsidiary share sales profit” to arise as per our financial records kept in compliance with the Tax Legislation and the Uniform Accounting Plan issued by the T.R. Ministry of Finance is to be taken into a special fund account in the liabilities, for a period of five years, by not treating it in the scope of profit distribution, in accordance with the relevant provisions of the Tax Legislation.

Financial Fixed Asset Sale (Doğan Internet)

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