Investor Information

Turkcell had the fourth highest market capitalization among all those listed on the İMKB as of December 31, 2010, with a market capitalization of US $15.01 billion.

Shareholder Structure

Turkcell's free float was initially 10.5 percent, and over time it rose to 34.7 percent as of year-end 2010, as a result of the stake sales of shareholders.

As of December 31, 2010, Turkcell's shareholder structure is as follows:

Shareholder Value of Stake (TRY) Share Capital (%)
Turkcell Holding A.Ş. 1,122,000,000.238 51.00%
Sonera Holding B.V. 287,632,179.557 13.07%
MV Holding A.Ş. 26,021,712.590 1.18%
Çukurova Holding A.Ş. 995,509.429 0.05%
Müflis Bilka Bilgi Kaynak ve İletişim San. Ve Tic. A.Ş. 137,199.575 0.01%
Free Float 763,213,398.611 34.69%*
TOTAL 2,200,000,000.000 100.00%
(*) Although our company's free float is 34.69%, according to the "Active Circulation Share Report" announced by the Central Registry Agency, pursuant to Capital Markets Board's (CMB ) decision no. 21/655 of 23.07.2010, modified with its decision no. 24/729 of 18.08.2010, our company has 557,614,008.03 shares in active circulation as of 31.12.2010, its ratio being 25.34%. The difference results from the exclusion of "shares that i. are owned by public corporate entities, ii. are owned by corporations associated with the company's founders (companies subject to consolidation), iii. are owned by real and legal partners who own 5% or more of the company's capital, iv. are owned by a) members of the Company's Boards of Directors and of Supervisors, b) the Director-General or his/her equivalents or superiors in terms of authorities and roles, and c) top managers who report directly to the Director-General or his/her equivalents in terms of authorities and roles, v. are owned by funds and foundations of the company, vi. are granted as equity capital pursuant to the capital markets legislation, collateralized after having been purchased by transaction on credit or granted as collateral, in addition to collateralized shares for clearing bank markets, vii. are legally restricted and cannot be traded, viii. are prohibited, and ix. are seized" from the definition of "ratio of shares in active circulation," as specified by the SPK in its decisions. Since the difference may be caused by one or more of the issues specified in the decision, it is not possible for our company to know it.

Five-year share performance and market capitalization
Turkcell shares were simultaneously listed on the Istanbul Stock Exchange (İMKB ) and in the U.S., on the New York Stock Exchange (NYSE ) on July 11, 2000. The shares are traded with the TCELL symbol at the IMKB , and the TKC symbol on the NYSE , in the form of American Depositary Shares (ADS). Currently, two ADSs represent five tradable shares. The nominal value of Turkcell's issued share capital is TRY2,200,000,000, consisting of 2,200,000,000 shares with a nominal value of TRY1 each.

As the only Turkish company listed on both the İMKB and NYSE , Turkcell had the fourth highest market capitalization among all those listed on the İMKB as of December 31, 2010, with a market capitalization of US $15.01 billion.

We strive to provide both our company and our shareholders with maximum value, without compromising our corporate policy based on timely and fair disclosure and our principles of transparency, reliability, accountability, and integrity since the public offering date.


Trading volume and foreign ownership

Compared with 2009, Turkcell's trading volume declined by 20 percent to 9.4 billion in 2010. 2 percent of the total trading volume of İMKB -100 index was realized with Turkcell shares. The foreign ownership in Turkcell's free float had reached 93 percent as of the end of 2010.