Ihlas Holding A.S. Stock

Ihlas Holding A.S. operates in the media, marketing, and construction and real estate sectors.

Media

Türkiye Gazetesi (www.turkiyegazetesi.com) operates in the media sector. Ýhlas Haber Ajansý (ÝHA) (News Agency) (www.iha.com.tr) monitors current affairs in Turkey and worldwide.

TGRT Pazarlama TV (Marketing TV) was founded as Turkey’s direct marketing channel broadcasting 24 hours non-stop. It provides on-line sales services in accordance with its target of meeting consumers’ needs. TGRT Marketing TV broadcasts promotional programs to advertise SMEs, as well as marketing newly developed and priced products for consumers.

Ýhlas Dergi Grubu (Magazine Group) (www.img.com.tr) operates as a nationwide publisher through its sector publications.

Operating in the IT sector, ‘Ýhlas Net’ (www.Ýhlasnet.com.tr) provides Internet access and Internet based value added services to organizations and foundations in Turkey. Ýhlas Net provides Internet access through terrestrial lines, satellite, wireless and Wi-Fi equipment, and operations in VoIP. It has a broad corporate client portfolio in Turkey and neighboring countries.

Türkiye Newspaper operates printing facilities in Istanbul, Ankara, Izmir, Adana, Trabzon, and Antalya. The capacity of the Istanbul facility is 55,000 newspapers an hour. The individual printing offices in Ankara, Izmir, Adana, Trabzon, and Antalya, also produce pages supported by local news to report on regional current affairs.

The Ýhlas Printing House, within Ýhlas Press, provides printing services to other national and local newspapers, publishing houses and advertisement agencies, as well for the Türkiye Newspaper.

Ýhlas News Agency (www.iha.com.tr) broadcasts written and photographed news and visual news by means of satellite to its subscribers. ÝHA is a source of visual and text-based news both nationally and internationally, with 140 offices.

TGRT Dijital TV Hizmetleri A.Þ. (TGRT Marketing TV): It is a 24-hour broadcasting direct marketing TV channel. It provides product marketing services to meet viewers purchasing needs. TGRT Marketing TV broadcasts via the Turksat 2A satellite to Turkey, Eastern Europe, the Balkans, the Turkic republics, the Middle East, and the North Arabian Peninsula.

Ihlas Reklam Ajansi (Ihlas Advertisement Agency): Ýhlas Advertisement Agency offers its clients all types of advertising services, under the title of advertising operations, including promotions, public relations, media purchases, and channel marketing.

Ihlas Net: Ýhlas Net (www.Ýhlasnet.com.tr) provides Internet Access and Internet based value added services to institutions and companies throughout Turkey. Ýhlas Net provides Internet access and VoIP services via landlines, satellite, wireless and Wi-Fi equipment, and has a large corporate client base both in Turkey and neighboring countries.

Construction

Ýhlas Construction Group (www.Ýhlasyapi.com.tr) had completed the construction of 1.5 million square meters of enclosed space, as of December 31, 2008. Its target group is the upper middleclass income group while it targets upper class income groups for its villas. All housing and holiday resort projects include social facilities, such as schools, shopping malls, health centers, and leisure areas.

Ihlas Holding Inþaat Grubu (Ihlas Holding Construction Group): The Marmara Houses 1, Marmara Houses 2, and the Marmara Villas projects incorporated the construction of 6,000 apartments, 134 villas, and affiliated social centers. The Kuzuluk Thermal Houses and the Armutlu Holiday Resort projects included 3,138 apartments and have a timesharing capacity of approximately 69,630 households. The company has also constructed nonresidential buildings. The Ýhlas Holding Head Office, with a total area of 73,000 square meters, the Bahcelievler Education Campus, and the Marmara Houses Education Campus are constructed but the company.

Marketing and Production

Ihlas Pazarlama (Ihlas Marketing): Ýhlas Marketing (www.Ýhlaspazarlama.com.tr) mainly distributes electric and electronic home appliances for the company through its nationwide network. Goods manufactured by the subsidiary like Ýhlas Home Appliances (www.Ýhlasevaletleri.com.tr) make up the majority of products marketed by the company. The product range was diversified in order to be sold in dealer shops. Ýhlas Marketing operates with 850 sales points (200 Ýhlas shops, 200 demonstration offices, 300 distribution offices and 150 certified service outlets).

Ihlas EV Aletleri A.Þ. (Ihlas Home Appliances): Ýhlas Home Appliances (www.iea.com.tr) offers various electronic and electric devices. The company operates in a 15,000 square meters enclosed space in Beylikdüzü. The main products of Ýhlas Home Appliances are cleaning robots, reverse osmosis water purification devices, water heaters, and electric quartz stoves. Ýhlas Home Appliances goods are introduced to the market under the Aura, Aura Cleanmax, Aura Roboclean, and Aura Cebilon brand names.

Bisan: Bisan produces mopeds, wheelchairs and spare parts, and assembles 70 cc and 100 cc scooters at its plant in the Izmir Kemalpaþa Organized Industrial Zone. It has a network of 262 dealers, 492 aftersales services, and 56 spare part wholesalers. Bisan is exported to the European Union (bicycles), North and South Africa, and the Middle East (mopeds and spare parts). Its annual production capacity is at 180,000 bicycles, 5,100 mopeds, 6,885 motorbikes, 72,000 indoor cycles, 16,000 treadmills, 16,000 wheelchairs, and assembling of 25,000 scooters.

Health and Tourism

Türkiye Gazetesi Hastanesi (Türkiye Newspaper Hospital): The company operates in this sector with a hospital, two thermal holiday resorts, and one thermal hotel.

The Türkiye Hospital is located on 17,000 square meters of land in the heart of Istanbul. An average of 450 outpatients receives treatment each day, along with 250 inpatients per week with 750 operations performed each month in the 60-bed capacity hospital. In Türkiye Hospital, all internal and surgical medicine, including internal medicine, respiratory diseases, gastroenterology, neurology, dermatology, physical treatment and rehabilitation, dietetics, cardiovascular surgery, cardiology, neurosurgery, general surgery, anesthesiology and reanimation, orthopedics and traumatology, otolaryngology, plastic surgery, gynecology and pregnancy, in vitro fertilization (IVF), children’s health, dental and oral surgery are performed.

Ihlas Armutlu Holiday Resort: Ýhlas Holding’s spa resorts are built on the concept of providing vacation and health care services in one package.

The Kuzuluk Thermal Hotel, holding a three star tourist facility certificate, operates within the Ýhlas Kuzuluk Thermal Holiday Resort. It includes two king suites, three normal suites, 60 standard rooms, and a total bed capacity of 140. In addition, the hotel has two multipurpose rooms capable of seating 90 and 45 people, an indoor restaurant capable of seating 200 guests and an outdoor restaurant with a seating capacity of 150.

Education

The Education Group consists of two campuses: Bahçelievler Campus consisting of Private Bahçelievler Ýhlas Elementary School, Private Ýhlas College, Private Ýhlas High School, and Private Ýhlas Anatolian Engineering School; and Marmara Houses Campus consisting of Private Marmara Evleri Ýhlas Elementary School, Private Marmara Houses Ýhlas College, and Private Ýhlas Mixed College.

Mining and Energy

Ihlas Mining: Ýhlas Mining holds exploration licenses for 90 mining areas, categorized into three main groups, gold, coal and industrial composite materials. Mir Trade & Mining owns two exploration licenses and one extraction license. The company’s mines contain total potential reserves of 563,000 tons of 4.59% Pb (lead) and 5.13% Zn (zinc).

Ihlas Energy Production and Distribution: Its wind farms have a total generation capacity of 22,247 MW.

History

Ihlas Holding A.S. was founded in 1970. The company was formerly known as ihlas Matbaacilik ve Saglik Hizmetleri A.S. and changed its name to Ihlas Holding A.S. in 1993.