The Communiqué on Material Events (II-15.1)
("Communiqué") introduced by the Capital Markets
Board of Turkey and entered in to force on January 23, 2014
("CMB") sets out certain procedures and principles for
companies which fall under the scope of the said Communiqué
as issuer of the capital markets instruments (i.e.
"issuers").
The Communiqué mainly regulates disclosure of material
information, events and developments which may affect the value of
their capital market instruments or investment decisions of the
investors, and the Communiqué aims to provide a reliable,
transparent, efficient, fair and competitive capital market to
investors. For the same purpose the Communiqué regulates
specific rules with regards to the forward looking statements of
the issuers.