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Share Capital Increase

In the Board of Directors Meeting held on February 8th, 2001;

It was decided to increase paid in share capital by 50%, from TL 501,563,128,786,000 to TL 752,344,693,179,000. The increase in share capital will be provided from the following sources:

TL 25,078,156,439,300 will be distributed as bonus shares from the net profit of 2000,
TL 85,353,572,548,754 from revaluation fund,
TL 140,349,835,404,946 from the income generated through the sale of equity participation and real estates.
It was also decided to propose at the Annual General Meeting:

The approval for the distribution of TL 25,078,156,439,300., determined as the portion to be distributed in the form of bonus shares from the profit generated according to unaudited financial results of year 2000 (The bonus share distribution will be 5% amounting to TL 50 for an ordinary share with a nominal value TL 1,000), The determination of bonus shares distribution date as May 30th, 2001. In order to discuss and decide the issues raised above, Annual General Meeting, will be held at April 9th, 2001 on Monday at 15:00 at Yapi Kredi Plaza D Blok Head Office Conference Hall, Levent - ISTANBUL

Yapı Kredi / 08 Feb 2001

 
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