Regarding the Share Sale and Transfer of Direct and Indirect Subsidiaries

22.03.2018

Regarding our direct and indirect subsidiaries operating in the publishing and broadcasting segments, that also includes: Doğan Dağıtım Satış Pazarlama Matbaacılık Ödeme Aracılık ve Tahsilat Sistemleri A.Ş. ("Yaysat"), Doğan Gazetecilik A.Ş. (Posta, Fanatik), Doğan Haber Ajansı A.Ş., Doğan TV Holding A.Ş., DTV Haber ve Görsel Yayıncılık A.Ş. ("Kanal D" TV), Doruk Televizyon ve Radyo Yayıncılık A.Ş. ("CNN Türk" TV), Hürriyet Gazetecilik ve Matbaacılık A.Ş. and Mozaik İletişim Hizmetleri A.Ş. ("D Smart"), we have initiated negotiations regarding the sale and transfer of all of our shares in their capital to Demirören Holding A.Ş. for US$1.1 bn “enterprise value”, and an “equity value” of US$890 mn after the reduction of related financial debt. As far as the developments in the subject are concerned, further explanations will be made within the scope of the relevant legislation.

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