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JCR Eurasia Rating evaluated "Vestel Elektronik Sanayi ve Ticaret A.Ş." in investment grade category in its periodic annual review and affirmed the Company's ratings on Long-Tem and Short-Term National Scales as ‘A (Trk)' and ‘A-1 (Trk)', respectively along with ‘Stable' outlook. Moreover, the ratings for the outstanding or prospective debt instrument issuances are affirmed as ‘A (Trk)' for the long term and ‘A-1 (Trk)' for the short term. On the other hand, the Company's Long Term International Foreign and Local Currency Ratings have been determined as ‘BB+/Negative', the same level as the sovereign ratings of Turkey.
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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.