Turkiye Gdr Rgs Regulatory News (TIBD)

13 Mar 2009 07:00



11.03.2009 Dividend Payment Proposal of Isbank

Following resolutions were made at the Board meeting of Turkiye Is Bankasi A.S. on 11.03.2009:

- It is decided to propose to the General Assembly, which will be held on 31st March 2009, to distribute profits for the year 2008 as shown in the attachment and within this frame, to propose that TL 165,395,100 of the profit to be paid to the shareholders in cash, and TL 323,053,671 of the profit to be added to the capital and thus to be paid to the shareholders as bonus Group C shares as shown below,

Cash Dividend  Distribution of

Type of Share Gross (TL)  Bonus Shares (TL)  Total (TL)

For Group A shares with a nominal value of TL 1  0.06000  0.28126  0.34126

For Group B shares with a nominal value of TL 1 0.06000  0.14063  0.20063

For Group C shares with a nominal value of TL 1 0.06000  0.11719  0.17719

For each of the founders' shares 1.95105 - 1.95105

- It is decided to propose to the General Assembly to start cash dividend payment on 01.04.2009 and to distribute bonus shares following their registration by the Capital Markets Board.

On the other hand, the decision is made to increase the TL 2,756,585,000 paid-in capital within the registered capital of TL 7 billion, up to TL 3,079,638,671 by way of distributing TL 323,053,671 to the Group C shareholders as bonus shares depending on the resolution of the General Assembly, and it is decided that the Head Office is authorized to apply to the Capital Markets Board and other related authorities for the capital increase and to carry out the capital increase processes.

It is also noted in the dividend payment attachment and in the ISE website "Companies" pages that the cash dividend to be distributed to each of the Group A, B and C shares with a nominal value of TL1 is TL 0.051, and it is TL 1.65839 for each of the founders' shares.

Please see the PDF attachment for the Dividend Payment and Profit Distribution proposals:

http://www.rns-pdf.londonstockexchange.com/rns/7985O_-2009-3-12.pdf