Turkiye Gdr Rgs Regulatory News (TIBD)

24 Aug 2006 16:54

Turkiye Is Bankasi24 August 2006 21.08.2006Isbank Capital Increase Announcement As per the resolution of the Board of Directors, dated 21.08.2006, nr.32680, itis decided to authorize the Bank Management for taking the necessary initiativesfor using in capital increase NTL 5,423,905 of extraordinary reserves instead ofusing the same amount of profit from the sale of real estate, while keeping thetotal bonus issue of NTL 787,643,076 as previously disclosed on 28.04.2006,parallel to increasing the paid-in capital of NTL 1,968,941,924 by NTL787,643,076 to NTL 2,756,585,000 as follows: Profit from sale of participations and real estates NTL 66,386,349Bonus shares acquired from participations NTL 99,302,123Extraordinary Reserves NTL 228,133,066Difference arising from the restatement of paid-in capital NTL 393,821,538OVERALL CAPITAL INCREASE NTL 787,643,076 This information is provided by RNS The company news service from the London Stock Exchange