Never Ending Story

QVT Fund ("QVT"), an approximately 7.15% shareholder of Galatasaray Sportif Sinai ve Ticari Yatirimlar A.S. ("Sportif"), disclosed that it had sought to include in Sportif's May3, 2010 General Assembly Meeting agenda measures intended to provide for an open and transparent disclosure of the improper loans and other actions of Sportif's Board of Directors, including violations of Sportif's Articles of Association, directives from the Capital Market's Board and Turkish Law.

More details are stated in QVT's letters to Members of the Board of Directors of Galatasary Sportif.