 |
| Management, Organization |
 |
Audit Committee
|
Hakkı Hasan Yılmaz Chair Soner Gedik Member The Company’s Board of Directors has decided by its resolution number 2009/45 dated June 29, 2009 to elect the independent members of the Board of Directors namely Hakki Hasan Yilmaz and Soner Gedik as Committee Members in charge of Supervision, and to authorize the said committee to perform the duties specified in the provisions of the communique Serial: X, No. 22 of the Capital Markets Board. The principles of function and duty of the Audit Committee are stated in our Company’s corporate website (www.hurriyetkurumsal.com). The Chairman of the Audit Committee Mr. Hakkı Hasan Yılmaz and the Member of the Audit Committee Mr. Soner Gedik are not commissioned Members of the Board of Directors. The Audit Committee performs its activities regularly in compliance with the Capital Markets Regulations and as foreseen in the Corporate Management Principles of the Capital Markets Board. In the year 2008, the Company’s intermediate term financial statements and footnotes as well as independent audit reports have been reviewed prior to their revelation to the public, meetings have been held with the independent audit company and the Company’s independent audit agreement has been reviewed. On April 6, 2009, the Audit Committee has submitted to the Board of Directors its resolution notifying that the consolidated financial statements and their notes of the term from January 1, 2008 to December 31, 2008 as well as the independent audit reports accurately reflect the actual situation about the Company’s activity outcomes, that they are in conformity and right in accordance with the accounting principles as well as the International Financial Reporting Standards and the Capital Markets Board standards which the Company observes. Disclosures Made Pursuant to the Communique Serial: X No: 16 of the Capital Markets Board The annual/consolidated financial statements and reports for the term January 1, 2008 – December 31, 2008 of Hürriyet Gazetecilik ve Matbaacılık A.Ş., which have been prepared in the framework of the International Financial Reporting Standards pursuant to the Communique on Accounting Standards in the Capital Market with Serial: XI, No:25 of the Capital Markets Board, have been reviewed by the Company’s Board Member Mr. Soner Gedik, Board Member and Head of the Financial Group Mr. Ahmet Toksoy and the Director of Financial Affairs Mr. Halil Ozkan; it has been determined that, in the framework of the information held in the areas of duty and responsibility, they don’t contain any false statements or that they don’t contain any deficiency which might cause them to be misleading as per the date on which the disclosure has been made neither; that, in the framework of the information held, as per the term to which the report is related, the financial statements and the other information in the report accurately reflects the truth about the corporation’s financial situation and activity results, and they have been signed by the above named persons on April 7, 2009. A copy of this statement is attached. Whereas the Company’s Board of Directors has approved the Company’s consolidated financial statements and their notes dated December 31, 2008 by the resolution dated April 7, 2009. Principles of duty and function of the of Audit Committee |
