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5 Immediately previous to the Effective Date , the authorised share capital of Merger Sub was US$50,000 divided into 50,000 ordinary shares of a par worth of US$1.00 every, of which 1 ordinary share has been issue Urban Studies AnalysisCity Studies Analysisurban research researchLawyer QiqihaerLawyer Qiqihaer

Assumed any adjustments to the Merger Consideration pursuant to the Merger Agreement is not going to be materials to our analyses or this Opinion. Furthermore, in Duff & Phelps’ analysis and in reference to the preparation of this Opinion, Duff & Phelps has made numerous assumptions with respect to trade performance, common business turkish Immigration Law Firm, market and financial circumstances and other issues, many of which are beyond the management of any get together concerned in the Proposed Transaction and as to which Duff & Phelps does not specific any view or opinion on this Opinion, including as to the reasonableness of such assumptions. To the extent that any of the foregoing assumptions or any of the details on which this Opinion relies show to be untrue in any materials respect, this Opinion cannot and shouldn't be relied upon for any purpose.

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The Merger Agreement may be amended by the events hereto by motion taken by Parent and law firm türkiye the Company in writing at any time prior to the Effective Time; supplied, however, that, after the approval of this Agreement and the Transactions by the shareholders of the Company, no amendment may be made that would reduce the quantity or change the kind of consideration into which each Ordinary Share shall be converted upon consummation of the Merger. • If a petition is timely filed and served, the Grand Court will decide at a listening to which shareholders are entitled to dissenters’ rights, the honest value of such Shares held by those shareholders with a fair price of curiosity, if any, to be paid by the Company upon the amount decided to be the truthful worth and law firm türkiye the costs of the continuing and the allocation of such prices upon the parties. The most mixture liabilities of Parent, on the one hand, and the Company, then again, for financial damages in reference to the Merger Agreement are restricted to the Parent Termination payment of US$12 million and the Company Termination Fee of US$6 million, law firm istanbul türkiye respectively, and reimbursement of sure bills within the event that Company or Parent fails to pay the applicable termination payment when due and in accordance with the requirements of the Merger Agreement, because the case may b