General meetings of shareholders are convened in ordinary and extraordinary sessions. Ordinary general meetings are held at least once a year and within the the shortest possible time following the close of the Company's fiscal year to deliberate and come to a decision on the agenda prepared by the Board of Directors taking the provisions of article 369 of the Turkish Commercial Code into account.

At general meetings, each share of stock entitles the owner to one vote. A representative of the Ministry of Industry and Trade must be present at annual and extraordinary general meetings. No decision taken at a general meeting in the absence of a ministry representative is valid.

Shareholders may have themselves represented at general meetings by proxies whom they may choose from among themselves or from outside the Company. Proxies who are themselves shareholders in the Company may exercise the voting rights of the shares they are representing as well as of those of their own. The Board of Directors determines the form of proxy statements within the framework of rules laid down by th CMB. Proxy statements must be in written form. A proxy must vote in accordance with the wishes of the shareholder who has assigned his voting rights to him on condition that such a stipulation is made in the assigning shareholder's proxy statement. CMB regulations concerning the exercise of proxy votes will be complied with.

At general meetings votes are cast by a show of hands within the framework of CMB rules. When proxies cast their votes they must also show their proxy statements. However votes may also be cast by secret ballot at the request of those controlling at least one-tenth of the capital represented by the shareholders who are present.

Prerequisites for Participation in Meetings Those who possess at least oneshare of stock registered in their own name may participate in general meetings either personally or through a proxy.
Shareholders who intend to participate in the general meeting personally or by sending a proxy must submit the following documents as appropriate;

• Custody statements of the shares they own
• In the case of shareholders who are corporate entities, documents authorizing an individual to represent them

and obtain an entry pass at the Company’s headquarter or complete a proxy statement before the close of business hours at least one week before the date of the meeting. Our shareholders may secure the sample of the proxy statement from our Company web site www.isgyo.com

In the case of shareholders whose shares are held in the investor account by Central Registry Agency and who are willing to participate in general meetings must register themselves in
‘General Meeting Custody List’ of Central Registry Agency Co.(Merkezi Kayıt Kuruluşu A.Ş.) We declare to our shareholders that; No legally possibility for shareholders who have not registered themselves in ‘General Meeting Custody List’ of Central Registry Agency Co. (Merkezi Kayıt Kuruluşu A.Ş.) to participate in the general meeting.
Report by the Board of Directors, Report by the Audit Board and Statutory Auditors’ Report of 2006; Balance Sheet, Income Statement and Board of Directors Recommendation Concerning the Distribution of 2006 Year Profit  are available for the inspection of our shareholders at the Company’s headquarters and www.isgyo.com at least fifteen days before the date of the general meeting.