Ref: Announcement dated 03.04.2013
Previously we have announced that, as part of its international expansion strategy to improve its technical capabilities; Turkish Airlines Technic, Inc., a wholly owned subsidiary of Turkish Airlines, Inc., has signed a non-binding Letter of Intent with GORE Designs Completions Ltd. and its shareholders located in San Antonio, TX, USA with a view to explore potential acquisition or partnership opportunities and that a due diligence study would be started accordingly. As a result of the the due diligence study and the negotiations made with GORE Designs Completions Ltd. and its shareholders, our Incorporation has decided not to acquire the related firm in accordance with the commercial interests of the corporation.