The General Meeting of Shareholders was held on 26 March 2007 at 11.00, at İş Sanat, İş Towers, 4. Levent, İstanbul. In the general meeting:
In accordance with corporate governance policies, shareholders were informed about; the total number of votes to be utilized in the general meeting, privileges they have, voting procedure and Company's dividend policy,
Board of Directors recommendation concerning the distribution of 2006 year profit was approved. It was decided that: Out of the net distributable profit of the year which is 21.386.841,25 TRY; 1.069.342,06 TRY will be allowed as first legal reserve, unrealized capital gains which is 1.255,35 TRY will be transferred to profit reserves, 16.498.300 TRY will be distributed as first shareholders' dividend as bonus shares, 3.817.943,84 TRY will be transferred to extraordinary reserves.
Pursuant to Capital Market Board Communiqué IV: 27, the amount of 691,614,10 TRY which was booked as a special reserve for unrealized capital gains and was realized in 2006, will be transferred to the "Prior-year profits" account.
Member of Deloitte&Touche Tohmatsu, DRT Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş.which was unanimously elected by the Board of Directors as the independent audit company for one year period, was approved.
Mr. Adnan Bali, Mr. Nejat Yalkut Ayözger, Mr. Haldun Baydar, Mr. Özgün Çınar and Mr. Kemal Şahin was elected as members of Board of Directors for 1 year period; Mr. Süleyman H. Özcan, Mr. Haluk Giray and Mr. Sezai Sevgin was elected as members of Audit Board for 1 year period.
In the general meeting minute; shareholders were also informed about the Company Donation Regulations and the amount of 3.500 TRY donation to the Association of Development and Support of Police Services (Beşiktaş Polis Hizmetleri Geliştirme ve Destekleme Derneği) in 2006.
