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TME Press Release For the First Half 2008 Financial Results

Trader Media East Limited , announces USD 158.6 million of revenues, USD 28.5 million of EBITDA and USD 54.8 million of net profit for the first half of 2008.

First Half 2008 Financial Results, Press Release


Fitch Ratings affirmed Hurriyet's ratings on August 6, 2008 as long-term foreign and local currency ratings at 'BB' with "stable" outlook, national long-term rating at 'AA(tur) ' with "stable" outlook more >>

Fitch Rating's press release dated 06.08.2008

TME Press Release – CEO Appointment

Trader Media East Limited announces that Mr. Sahin Tulga joined the company as “Chief Executive Officer” as of June 2nd, 2008.more >>


General Assembly held on May 29, 2008

General Assembly related to our Company’s activities of the year 2007 has been held at the Company’s head offices at the address Hurriyet Medya Towers Gunesli/Istanbul on May 29, 2008 at 10:30 a.m. During the general meeting, briefly, the following have been resolved: more >>


Trader Media East Limited ("TME") has agreed to sell Trader.com (Polska) Sp. Z.o.o. ("Trader.com") to Polish media group Agora SA, for a cash consideration of US$ 54,350,000. The transaction is estimated to be completed in two weeks. Trader.com is the main operating company of TME in Poland and is a wholly-owned indirect subsidiary of TME. Trader.com generated US$ 7.5 million of revenues and approximately US$ 0.1 million of EBITDA in the year 2007. Trader.com revenues accounted for 2.7% of TME’s consolidated revenues in 2007.

Press Release-Disposal of Trade.com Polska, (Amsterdam May 14, 2008)


TME Press Release For the 2007 Results

Amsterdam, The Netherlands – March 27, 2008 (0700 GMT). Trader Media East Limited , a leader in classified advertising operating in Central and Eastern Europe, releases today its audited results for the year ended 31st December 2007, prepared under US GAAP.

2007FY Financial Results, Press Release


Hürriyet has received a national corporate governance rating score of 8,0 (79,67%) over 10 from “ISS Corporate Services, Inc. (ISS)”, the leading global corporate governance rating organization after being evaluated for over 530 criteria... more >>

ISS / Rating Report on Hürriyet


Board of Directors calls for General Assembly to be held on May, 10 2007 more >>



Hurriyet-TME Acquisition Presentation
(2 April 2007) more >>



We have informed London Stock Exchange that 67,29% of TME Shareholders Accepted Our Offer and our offer became unconditional in all respects as of today. According to UK Codes on this issue; the shareholders who accepted the Offer cannot withdraw their acceptances from now on and Hurriyet Invest BV is liable to complete the Offer process. On the other hand, acceptance process will contine for a period of 14 days ending at 29.03.2007, 3:00 pm, Turkish time...  more >>


The Ukranian Board of Competition has approved our application, following the approval of Russian Board of Competition   more >>


The Russian Board of Competition has approved our application...   more >>


The first part of the acceptance procedure has ended as of 01.03.2007, at 15:00 pm, Turkish time, and shareholders which represent 61.56% with 30.779.070 shares of TME capital has accepted our offer.  more >>


Acceptance process with respect to TME offer made by Hurriyet Invest BV took start. "Offer Document" including all details of the offer and the "Form of Acceptances" is being mailed to TME shareholders as of 31 January 2007 (today).   more >>


Tarih: 04 January 2007

Hürriyet Gazetecilik ve Matbaacılık A.Ş.,announced an offer to acquire Trader Media East Limited, a leading print and online classified advertising company in Russia and Eastern Europe   more >>


Agenda of General Assembly to be held on May 1, 2006 and a Note on the Amendment of Articles of Association

The General Assembly will be held on 01.05.2006 Monday at 11:00 at the company's premises at Hurriyet Medya Towers, Güneşli, İstanbul. In addition to the ordinary agenda items, amendment of Articles of Association, authorization of the Board of Directors for the issuance of capital market instruments and distributing dividend in advance shall be discussed.     more >>


Fitch Changes Turkish Corporates' Outlook to Positive on Sovereign Rating Action
12 Dec 2005 9:20 AM (EST)

Fitch Ratings-London/Istanbul-12 December 2005: Fitch Ratings has changed the Outlooks on five Turkish industrial and commercial companies to Positive from Stable. The rating actions follow the revision of the Outlook on the Republic of Turkey's Long-term foreign (LTFC) and local currency (LTLC) ratings to Positive from Stable. For Fitch press release

Hurriyet Gazetecilik ve Matbaacilik A.S.
LTFC affirmed at 'BB-' (BB minus); Outlook revised to Positive from Stable
LTLC affirmed at 'BB'; Outlook revised to Positive from Stable
National Long-term upgraded to 'AA-(AA minus)(tur)' from 'A+(tur)'; Outlook remains Stable


Fitch Ratings, an international credit rating institution announced that it raised the credit note of Hürriyet in local currency unit from "BB-" to "BB"

Fitch Ratings, an international credit rating institution announced that it raised the credit note of Hürriyet Gazetecilik ve Matbaacılık A.Ş. in local currency unit from "BB-" to "BB" and confirmed its outlook as "stable" with the press statement made on 14.11.2005. Credit note in foreign currency unit is confirmed as "BB-" which is limited with the country note. Local long-term credit note of Hürriyet is confirmed as "A+(tur)". The fact that the economic revival in Turkey aggrandizes the advertisement market and regarding the newspapers had positive impacts on the advertisement income of Hürriyet, which has an advertisement share of 42% in the market was stated as the reasons for raising the credit not in the statement.


Hürriyet maintains its position of being the company in which the foreign share is the largest one in Istanbul Stock Exchange...

92% of Hurriyet shares offered to public belongs to foreign investments as of November 9 2005.

5 top companies having the highest foreign share in Istanbul Stock Exchange-30 are:
  • Hurriyet: 91.8%
  • Denizbank: 89.3%
  • Garanti Bankasi: 85.9%
  • Akbank: 84.7%
  • Doğan Yayın Holding: 83.1%     more >>


    FT TO BE PRINTED IN HÜRRİYET'S FRANKFURT PLANT

    Financial Times, one of world's most prestigious newspapers and Hürriyet agreed to print a part of FT's European circulation in Hürriyet's Frankfurt printing plant. Starting from the 19th of August and printing FT newspaper 6 days a week, the operation will result the plant's 3 printing machines to reach full capacity.

    Dividend payment made on May 2 2005 - May 16 2005.

    It was resolved during the Regular General Meeting of Hurriyet on April 11 2005 that the cash dividend for a total sum of YTL 12,490,542.- representing 50 % of distributable net period profit derived from the 2004 year operations be distributed to the shareholders on May 2, 2005.
    The cash profit distribution in the amount YTL 0.029972 per each share with par value of YTL 1 (TL 1,000,000) each at the ratio 2.9972 % of the current issued share capital of YTL 416,742,560 was made between between 02.05.2005-16.05.2005 as per the Board of Directors' resolution dated April 15, 2004.





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