Issue launched early morning on the 24th and was oversubscribed 4 times in the first hours by 1000am. The sole underwriter AK Yatirim, a wholly owned subsidiary of the leading bank in Turkey AKBANK T.A.S, placed 69,5 pct of the issue with 43 institutional investors domestically and remaining %30,5 pct was placed to qualified retail investors. The bonds will start trading on Istanbul Stock Exchange on 28th January under the ISIN code TRSGLMD11512.

Commenting on the transaction, Mr. Kerem Eser, The CFO of Global Investment Holdings, said: “The strong demand yet again confirmed how well the Company and its projects portfolio is perceived by our investors.” Reminding the previous eurobond issues on international markets, Eser underlined Global Investment Holdings’ pioneering role in the bond markets as well as the capital markets, being one of the very few corporate bond issuers, excluding banks and financial institutions. Mr. Eser remarked that the issuance will positively contribute to existing debt structure of the holding by means of debt diversification, and he further stated that the cash proceeds from the issue will help the Company to accelerate the pace of its projects being pursued.

www.globalyatirim.com.tr

For Further Information
investor@global.com.tr

About GIH:
Global Yatırım Holding A.Ş. (Global Investment Holdings) was regrouped as a holding company on October 2004 (www.globalyatirim.com.tr) to hold a diversified portfolio of investments in a number of businesses, including infrastructure, real estate, energy, and financial services. Global Investment Holdings is listed on the Istanbul Stock Exchange (as “GLYHO.IS”) and utilizes its experience in the finance sector, for industrial business opportunities.

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