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(Portföy B), owned by Türkiye Şeker Fabrikaları A.Ş., via the

“asset sales” method as a whole, it was decided that (a) the

acquisition, by the bidders Kolin-Limak Ortak Girişim Grubu

or Siyahkalem Müh. İnş. San. ve Tic. Ltd. Şti., of the shares of

the Malatya, Erzincan, Elazığ and Elbistan sugar refineries

(Portföy B), owned by Türkiye Şeker Fabrikaları A.Ş., under

the scope of the privatization of the aforementioned refineries

via the “asset sales” method as a whole was subject to autho-

rization under article 7 of the Act no 4054 on the Protection of

Competition as well as the “Communiqué on the Procedures

and Principles to be Pursued in Pre-Notifications and

Authorization Applications to be Filed with the Competition

Authority in order for Acquisitions via Privatization to Become

Legally Valid”, and (b) a possible acquisition by any of the

aforementioned bidders would not result in the creation or

strengthening of a dominant position as described under the

same article of the act and thus in significant lessening of com-

petition within the relevant market; therefore the transaction in

questions could be authorized. (19.01.2012, 12-02/69-15)

• Tender notice related to the privatization of 10,32% of the

shares of Petkim Petrokimya Holding A.Ş. was published on the

website of the Supreme Council of Privatization on 06.02.2012.

Last date for bidding for this privatization is determined as

20.03.2012.

• Tender notice related to the privatization of 28,2 % of the shares

of Hidrojen Peroksit Sanayi ve Ticaret A.Ş. was published on

the website of the Supreme Council of Privatization on

28.02.2012. Last date for bidding for this privatization is deter-

mined as 13.04.2012.

• The Decision dated 14.03.2012 and numbered 2012/36 of the

Supreme Council of Privatization was published in the Official

Gazette dated 16.03.2012 and numbered 28235. This decision

is with regards to the inclusion within the scope of privatization

of shares amounting to % 0,00000059 of the share capital of

Yapı ve Kredi Bankası A.Ş., which owned by Undersecretariat

of Treasury.

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NEWSLETTER 2012