Turkcell Iletisim Hizmetleri : 2.11.2017 | Announcement Regarding Participation in “Turkey’s Automobile Project” Joint Initiative Group

Istanbul, November 2, 2017

Our Company signed the Joint Initiative Group Cooperation Protocol ("Protocol") on November 2, 2017 with the intention to participate as a potential contributor in "Turkey's Automobile Project" ("Project") which is implemented through the coordination of The Republic of Turkey Ministry of Science, Industry and Technology and The Union of Chambers and Commodity Exchanges of Turkey.

Under this Protocol, the signing parties will determine the framework of the activities to meet requirements of the Project for designing, developing, manufacturing a car and establishing sales and distribution network, while a local company to own the intellectual and industrial property rights of this car will be established. The project serves to support The Republic of Turkey's aim to become one of the world's top 10 economies.

Our Company continues its efforts towards developing smart transportation systems leveraging on its high quality communication network and strong engineering and software capabilities embedded within its organization. We believe that we will make an important contribution to Turkey's Automobile Project as a technology partner with our knowhow and competencies.

The capital, shareholding and management structure of the company to be established will be determined in the upcoming periods, subject to outcomes of the technological and financial analysis which will be conducted following the signing of the Protocol.

Turkcell Investor Relations investor.relations@turkcell.com.tr Tel: + 90 212 313 1888

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