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September 06, 2008


Erdemir to propose cash dividends of TRL 0.35 per share

Erdemir will propose payment of cash dividends of TRL 0.3533 per share and issuance of bonus shares of TRL 0.3611 per share.

The paid in capital will increase by 36.1% to TRL 1.49 million after the bonus issue. The timing of the dividend payment and the new share issue has not been determined yet.

Erdemir's annual shareholders' meeting will be held on March 31st 2008.