Turkcell Iletisim Hizmetleri : 1.6.2018 | Announcement Regarding the Incorporation of a Company that will Engage in Insurance Agency Activities

Istanbul, June 1, 2018

Announcement Regarding the Incorporation of a Company that will Engage in Insurance Agency Activities

With reference to our announcements dated January 31, 2018 and April 2, 2018, preparations for the incorporation of a company, which will engage in insurance agency activities, by our wholly owned subsidiary Turkcell Finansman A.Ş. are ongoing.

Board Decision Date for Acquisition

Title of Non-current Financial Asset Acquired

Field of Activity of Non-current Financial Asset whose Shares were being Acquired

: : :

31.01.2018 -

Insurance Agency Activities

Capital of Noncurrent Financial Asset

Acquirement Way

: :

TRY 300,000

Incorporation

Date on which the Transaction was/will be Completed

:

The company will be operational upon registration as an Insurance Agency with the approval of Undersecretariat of Treasury - General Directorate of Insurance and The Union of Chambers and Commodity Exchanges of Turkey following the registry and announcement of the incorporation.

Acquisition Conditions

Nominal Value of Shares Acquired

Purchase Price Per Share

Total Purchasing Value

: : : :

-

- - -

Ratio of New Shares Acquired to Capital of Non-current Financial Asset (%)

Total Ratio of Shares Owned in Capital of Non-current Financial Asset After Transaction (%)

Total Voting Right Ratio Owned in Non-current Financial Asset After Transaction (%)

:

-

:

-

:

-

Ratio of Non-current Financial Asset Acquired to Total Assets in Latest Disclosed Financial Statements of Company (%)

:

-

Effects on Company Operations

Did Takeover Bid Obligation Arised?

: :

-

No

Will Exemption Application be Made, if Takeover Bid Obligation Arised?

:

NoTitle/ Name-Surname of Counter Party

Relation with Counter Party if any

: :

-

-

Value Determination Method of Non-current Financial Asset

:

-Did Valuation Report be Prepared?

:

NoReason for not Preparing Valuation Report if it was not Prepared

• : Not required by the legislation.

Value Determined in Valuation Report if Exists

:

-

Reasons if Transaction wasn't/will not be performed in Accordance with Valuation Report

For more information: Turkcell Investor Relationsinvestor.relations@turkcell.com.tr Tel: + 90 212 313 1888

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