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The Efes Beverage Group is composed of
Anadolu Efes and its subsidiaries and affiliates.
Anadolu Efes is the holding company of the Efes Beverage
Group's businesses, as well as an operating company under
which the Turkish Beer operations are managed.
Current Shareholding of Anadolu Efes
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43.8 % of the share capital
of Anadolu Efes is publicly held. Around 34 % of the company
is traded daily in the Istanbul Stock Exchange (ISE)
with the ticker code "AEFES.IS" and also
has a Level - 1 ADR program.
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Major Subsidiaries of Anadolu Efes

| The Efes
Beverage Group is the largest shareholder of CCI with a 50% share. |
| Tarbes
Tarım Ürünleri ve Besicilik Sanayi ve Ticaret A.Ş.;
another wholly owned subsidiary of Anadolu Efes,
is our hops processing company in Turkey. |
| Efes Pazarlama,
a wholly owned subsidiary of Anadolu Efes, performs
the marketing, sales and distribution of beer products
in Turkey. |
| Efes Sınai Yatırım Holding A.Ş.
(Efes Invest) conducts Group's international
Coca-Cola bottling, marketing and sales operations
in Central Asia and Middle East. |
| Efes Breweries
International B.V. (EBI) that carries out The Efes
Beverage Group's international beer operations is
located in Netherlands. |
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28 May 2008 Anadolu Efes Annual Report 2007
25 April 2008 The Board of Directors' - Dividend Distrubution Proposal to the General Assembly
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