Emlak Konut Gayrimenkul Yatirim Ortak : 2016 December Sales to Foreign Citizens Report

KAMUYU AYDINLATMA PLATFORMU

EMLAK KONUT GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.

Material Event Disclosure (General)

Summary Info

2016 December Sales to Foreign Citizens Report

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Material Event Disclosure General

Material Event Disclosure General
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Announcement Content
Explanations

Our Company has reached a total amount of 7.328.800.613 TL Turkish Liras (excluding V.A.T.) sales between the dates of 1 January- 31 December 2016 in return for 10.053 units (including presales) in the projects developed by our Company.

A total of 446.395.363 TL Turkish Liras (excluding V.A.T.) sales in return for 639 units of abovementioned total sales figures have been sold to foreign citizens.

Unit sales to foreign citizens report (annual, including presales) is attached in pdf document.

Sales figures stated in yearly and monthly sales breakdown tables consist of the sales which are the sale process is finalized at the Company's Marketing Department or throughout sales offices.

The sales process is only completed as the agreements are signed by the homebuyers in front of the notary, down payments are deposited, credits are transferred into accounts and the agreements are approved by our Company. The completion of those processes may take tangible time. Therefore, there may be increases in previous month/months' figures. However, lottery date is taken into account in the lottery sales. In this regard, there may be also decreases in sales due to the reasons of reneging on the contract of the homebuyers and cancelling the contract of the seller.

In accordance with the Turkish capital markets regulations, in case of any discrepency between the Turkish and English versions of disclosures, the Turkish language version which is published on the Public Disclosure Platform (Kamuyu Aydınlatma Platformu) shall prevail.

We proclaim that our above disclosure is in conformity with the principles set down in "Material Events Communiqué" of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we're personally liable for the disclosures.