With its notice dated November 25, 2005, Çukurova Holding stated that it would use the option to acquire our Bank's Turkcell Holding and Turkcell Iletisim shares in line with the Turkcell Option Agreement, signed between Çukurova Holding and our Bank on September 28, 2005.
Accordingly, operations have started to transfer,
Turkcell Iletisim Hizmetleri A.S. shares with a nominal value of TL 54,527,523,978,000 (2.94% of the company's equity) to Çukurova Investments N.V.
Turkcell Holding A.S. shares with a nominal value of TL 91,371,168,250,487 (20.02% of the company's equity) to Intercon Danismanlik ve Egitim Hizmetleri A.S. that is stated to be an affiliated company of Çukurova Group.
Yapı Kredi / 25 Nov 2005