TO : INVESTMENT COMMUNITY FROM : GARANTI BANK / Investor Relations Tel: (90 212) 318 2352 Fax: (90-212) 216 5902 E-mail: investorrelations@garanti.com.trSUBJECT : Announcement regarding syndicated loan DATE : November 21, 2014

Our Bank has signed a 1 year syndicated loan agreement in the amount of USD 1,3 billion, comprising of two separate tranches in the amount of € 785 million and US$ 318,75 million on 21st November 2014. The loan which will be used for trade finance purposes has been executed with commitments received from 39 banks from 18 countries. The all-in cost has been realized as Euribor+0,90% and Libor+0,90% respectively.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
Yours sincerely. Garanti Bank

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