SUBSIDIARIES

Institution %
Borsa Istanbul Inc. 0,15
Central Securities Depository (Merkezi Kayıt İstanbul) 64,9
Aegean Agricultural Products Licensed Warehousing Inc.(ELIDAS) 4,12
Capital Markets Licensing, Registry and Training Institution Inc.(SPL) 10,5
S.W.I.F.T.SCRL 0,02
Sarajevo Stock Exchange (SASE) 5
Turkey Specialized Commodity Exchange 5