The Turkish Competition Authority grants negative clearance to a merger in the chocolate sector and clears related ancillary restrictions (Godiva - Yýldýz Holding)

Yýldýz Holding A._. (“Yýldýz Holding”) applied on 18 January 2008 to the Turkish Competition Board (the “Board”) for the approval of the latter regarding the transfer of 100% of the shares in (i) Godiva Chocolatier Inc., (ii) Godiva Brands Inc. , (iii) Godiva Chocolatier of Canada Ltd. , (iv) Godiva Belgium NV, (v) Godiva France S.A. , (vi) Godiva Japan Incorporated, (vii) Godiva Chocolatier (Asia) Limited, (viii) Godiva U.K. Limited, (hereinafter collectively referred to as "Godiva") owned by Campbell Investment Company to Yýldýz Holding (the “Transaction”) (Yýldýz Holding, Campbell Investment Company and Godiva will be hereinafter collectively referred to as “the Parties”). Following the completion of the transaction, the control of Godiva was