TAV IT

8
TAV Airports Holding Annual Report 2008
Shareholding Structure
Smart strategies through
shareholder synergy
Shareholder Capital 1
(TL)
Share 1
(%)
Capital 2
(TL)
Share 2
(%)
Akfen Holding A.Ş. 38,791,328 16.02 58,186,992 16.02
Akfen İnşaat Turizm ve Ticaret A.Ş. 27,529 0.01 41,294 0.01
Tepe İnşaat Sanayi A.Ş. 45,672,151 18.86 68,508,227 18.86
Sera Yapı Endüstrisi ve Ticaret A.Ş. 6,853,294 2.83 10,279,941 2.83
Goldman Sachs International 3 34,875,000 14.40 52,312,500 14.40
Airports International 4 21,443,250 8.85 - -
Babcock&Brown Turkish Airports LLC 8,372,535 3.46 8,372,535 2.30
IDB Infrastructure Fund LP 5 11,924,792 4.92 - -
Other Non-publicly Traded 15,514,505 6.41 26,197,214 7.21
Free Floating 58,713,116 24.24 139,382,549 38.37
Total 242,187,500 100.00 363,281,250 100.00
Capital Shares as of December 31, 2008
Free Floating
24.24%
Tepe İnşaat
Sanayi A.Ş.18.86%
AI 8.85%
GSI 14.40% 3
Akfen Holding
A.Ş. 16.02%
Other
17.63%
(1) As of December 31, 2008
(2) As of April 7, 2009
(3) Of the overall shares owned by Goldman Sachs, an amount corresponding to 14.4% of the issued and outstanding share capital of the
Company have been provided by Tepe İnşaat Sanayi A.Ş., Akfen Holding A.Ş. and Sera Yapı Endüstrisi ve Ticaret A.Ş. to Goldman Sachs as
collateral, and the title of those shares have been transferred to Goldman Sachs for this purpose. There is a pledge granted by Goldman Sachs in
favor of Tepe İnşaat Sanayi A.Ş., Akfen Holding A.Ş. and Sera Yapı Endüstrisi ve Ticaret A.Ş. As a result, voting rights, rights to receive dividends
and pre-emption rights for participation in cash share capital increases in connection with those shares (except for acquiring gratis shares under
any share capital increases) belong to Tepe İnşaat Sanayi A.Ş., Akfen Holding A.Ş. and Sera Yapı Endüstrisi ve Ticaret A.Ş.
(4) Airports International listed the non-publicly traded shares it owns on the stock market on February 5, 2009 and February 24, 2009. As a
result, these shares are shown under the Free Floating category as of April 7, 2009.
(5) IDB Infrastructure Fund LP listed the shares it owns on the stock market on January 21, 2009. As a result, these shares are shown under the
Free Floating category as of April 7, 2009.