NEWS FROM TÜRKİYE

A.A. – The Turkish Treasury issued 278 incentive certificates with a total investment value of TRY 1,999,188,000 in May 2008. The Investment incentive certificates issued by the Undersecretariat of Treasury for the investments of domestic and foreign capital companies were published in the Official Gazette dated June 23, 2008. Thus, 278 companies received incentive documents in May. 11,974 people will be employed with the incentives worth TRY 1,999,188,000. In the meanwhile, 23 incentive certificates were granted for the investments of the foreign capital companies in May.