According to the resolution taken by the Board of Directors of Yapı Kredi Bank on 15 May 2008, it was resolved to start the preliminary assessment jointly with Koray Group about the existing controlling shareholdings in Yapı Kredi Koray Gayrimenkul Yatırım Ortaklığı A.Ş.* (Yapı Kredi Koray Real Estate Investment Company) including a possible divestiture and Rothschild Kurumsal Finansman Hizmetleri Limited Şirketi has been appointed as financial advisor jointly by Yapı Kredi Bank and Koray Yapı Endüstrisi ve Ticaret A.Ş.
(*) Yapı Kredi Bank holds 30.45% of the share capital of Yapı Kredi Koray Real Estate Investment Company while Koray Group holds 25%.
İstanbul, 15 May 2008
Enquiries:
Yapı Kredi Investor Relations
Tel: (90) (212) 339 7647
Email: yapikredi_investorrelations@yapikredi.com.tr
Yapı Kredi / 15 May 2008