Istanbul, September 29, 2017

Announcement Regarding the Incorporation of a Company in Turkish Republic of Northern Cyprus which will be Operating as an Internet Service Provider

Our Board of Directors have approved incorporation of a company in Turkish Republic of Northern Cyprus (TRNC) by our wholly-owned subsidiary Kıbrıs Mobile Telekomünikasyon Limited based in TRNC with a paid-in capital of USD 100,000 (or equivalent in other currencies). This company will offer services as an internet service provider.

Board Decision Date for Acquisition

:

29.09.2017

Title of Non-current Financial Asset Acquired

:

-

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

:

Internet Service Provider (ISP)

Capital of Noncurrent Financial Asset

:

USD 100,000 (or equivalent in other currencies)

Acquirement Way

:

Incorporation

Date on which the Transaction was/will be Completed

:

Transaction will be completed with the registry and announcement of the incorporation after necessary permits are obtained.

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?

:

No

Title/ Name-Surname of Counter Party

:

-

Relation with Counter Party if any

:

-

Value Determination Method of Non- current Financial Asset

:

-

Did Valuation Report be Prepared?

:

No

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

Turkcell Iletisim Hizmetleri AS published this content on 29 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 September 2017 14:14:07 UTC.

Original documenthttp://s1.turkcell.com.tr/hakkimizda/en/yatirimciiliskileri/InvestorAnnouncementLibrary/fass-TRNC-ISP-29092017.pdf

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