Principal Subsidiaries and Participation Stakes
| Company |
Paid-in Capital as of March 31,2008
(000' YTL) |
Direct Ownership
(%) |
Indirect Control
(%) |
Total Direct Ownership and Indirect Control
(%) |
| Financial Services |
| Akbank1 |
3,000,000 |
31.38 |
9.47 |
40.85 |
| Aksigorta1 |
306,000 |
61.98 |
- |
61.98 |
| Avivasa2 |
35,779 |
- |
49.83 |
49.83 |
| Ak Lease3 |
88,400 |
0.01 |
99.99 |
100.00 |
| Ak Securities3 |
50,000 |
0.16 |
99.84 |
100.00 |
| Ak Asset Management3 |
1,000 |
0.00 |
100 |
100.00 |
| Ak Investment Fund1,3 |
18,000 |
0.00 |
100 |
100.00 |
| Tire & Tire Reinforcement Materials and Automotive |
| Kordsa Global1 |
194,529 |
91.11 |
- |
91.11 |
| Brisa1 |
7,442 |
43.63 |
- |
43.63 |
| Temsa |
70,000 |
45.96 |
2.75 |
48.71 |
| Toyotasa |
3,326 |
64.99 |
0.01 |
65.00 |
| Retail |
| Carrefoursa1 |
113,422 |
38.78 |
- |
38.78 |
| Diasa |
112,000 |
40.00 |
- |
40.00 |
| Teknosa |
110,000 |
69.17 |
- |
69.17 |
| Cement |
| Akçansa1 |
191,447 |
32.24 |
7.48 |
39.72 |
| Çimsa1 |
135,084 |
47.12 |
11.29 |
58.41 |
| Energy |
| Enerjisa Power Generation |
413,782 |
50.00 |
- |
50.00 |
| Enerjisa Wholesale and Trade |
1,000 |
49.99 |
0.01 |
50.00 |
| Trade and Industry |
| Advansa |
EUR 22,374 |
92.82 |
7.18 |
100.00 |
| Sasa 1,4 |
216,300 |
- |
51.00 |
51.00 |
| Exsa A.Ş. |
117.000 |
12.82 |
32.88 |
45.70 |
| Exsa U.K. |
GBP 25,000,000 |
87.00 |
13.00 |
100.00 |
| Universal Trading |
EUR 12,782,297 |
90.00 |
10.00 |
100.00 |
| Exsa Americas |
USD 410,285 |
40.00 |
60.00 |
100.00 |
| Bossa1 |
108,000 |
50.12 |
- |
50.12 |
| Yünsa1 |
29,160 |
57.88 |
1.49 |
59.37 |
| SKT Giyim5 |
20,880 |
- |
70.00 |
70.00 |
| Other |
| Philsa |
3,000 |
25.00 |
- |
25.00 |
| Philip Morrissa |
700 |
24.75 |
- |
24.75 |
| Olmuksa1 |
32,603 |
43.73 |
- |
43.73 |
| Dönkasan |
150 |
20.00 |
30.00 |
50.00 |
| Bimsa |
400 |
79.98 |
20.02 |
100.00 |
| Tursa |
95,000 |
96.85 |
3.15 |
100.00 |
| AEO |
38,000 |
70.29 |
- |
70.29 |
1. Shares are traded on the İstanbul Stock Exchange
2. Wholly owned by Aksigorta
3. Wholly owned by Akbank
4. Direct ownership by Advansa
5. Direct ownership by Yünsa
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