10 May 2006 -

Report Summary

Following the acquisitions, Koc Holding now has a more balanced NAV breakdown. The automotive sector still forms the highest contribution, with 28% to the TNAV excluding net debt, followed by financial services (25%), consumer durables (18%), energy (15%) and retail (12%). When compared to last year’s domination of the two sectors (automotive 41% and consumer durables 30%), Koc now enjoys a healthier value structure.

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