Clarification regarding the news in Zaman Newspaper

We hereby declare that the news in Zaman Newspaper dated December 17, 2009 titled as "The Dutch insurance giant liked Garanti, an investment with an amount of $1 billion is on the way" stating that the parties have reached an agreement concerning the purchase of the shares of Garanti Emeklilik ve Hayat A.Ş., does not reflect the truth, an option to acquire a further 35% stake will be exercisable as of July 2010 and there aren't any new circumstances that our Bank should make a public disclosure regarding the pre-emptive rights.

Clarification regarding the news in Zaman Newspaper

 

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