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Last updated on April 20, 2014 at 8:28 EDT

Turkcell Extraordinary General Assembly Dated August 11, 2011

August 11, 2011

ISTANBUL, August 11, 2011 /PRNewswire/ –

Turkcell (NYSE: TKC, ISE: TCELL), the leading communications and
technology company in Turkey, held its Extraordinary General Assembly of
shareholders at the Company’s headquarter at 3.00 pm on August 11, 2011. It
subsequently announced today that among the agenda items and as a result of
the voting held during the meeting:

          a) The Presidency Board was not authorized to sign the minutes
          of the meeting.
          b) The Balance Sheet and Profit/Loss Statements relating to fiscal
          year 2010 were not approved.
          c) The Board members were not released in respect of the Company's
          activities and operations of the fiscal year 2010.
          d) The auditors (statutory) were not released in respect of the
          Company's activities and operations of the fiscal year 2010.
          e) The Board of Directors' recommendation to distribute a dividend
          of 75% from the fiscal year 2010 profits was not approved.

Pertaining to the agenda item on the election of auditors for a period
of one year and determination of their remuneration; Faika Bozkaya and Ertan
Mitap were elected as Turkcell’s statutory auditors for a year without being
paid any remuneration.

http://www.turkcell.com.tr

ABOUT TURKCELL

Turkcell is the leading communications and technology company in Turkey
with 34.1 million subscribers and a market share of approximately 54% as of
June 30, 2011 (Source: Operator’s announcements and excluding the impact of
the change in prepaid churn periods in Q2 2011). Turkcell is a leading
regional player, with market leadership in five of the nine countries in
which it operates with it’s approximately 61.7 million subscribers as of
June 30, 2011. The company covers approximately 85% of the Turkish
population through its 3G and 99.07% through its 2G technology supported
network. It has become one of the first among the global operators to have
implemented HSDPA+ and achieved a 42.2 Mbps speed using the HSPA multi
carrier solution. Turkcell reported a TRY2.3 billion (US$1.5 billion) net
revenue with total assets of TRY15.5 billion (US$9.5 billion) as of June 30,
2011. It has been listed on the NYSE and the ISE since July 2000, and is the
only NYSE-listed company in Turkey.

Read more at http://www.turkcell.com.tr

        For further information please contact Turkcell

        Corporate Affairs
        Koray Oztuerkler, Chief Corporate Affairs Officer
        Tel: +90-212-313-1500
        Email: koray.ozturkler@turkcell.com.tr

        Investors:
        Nihat Narin, Investor and International
        Media Relations
        Tel: +90-212-313-1244
        Email: nihat.narin@turkcell.com.tr
        investor.relations@turkcell.com.tr

        Media:
        Filiz Karagul Tuzun,
        Corporate Communications
        Tel: +90-212-313-2304
        Email: filiz.karagul@turkcell.com.tr

SOURCE Turkcell


Source: newswire