TÜRK TELEKOMÜNİKASYON A.Ş.

Capital/Financing Update • Oct 2, 2019

Summary Info	Resolution on domestic debt securities issuance and CMB application
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	02.10.2019
Issue Limit	1.000.000.000
Currency Unit	TRY
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Application Date	02.10.2019

Additional Explanations

Our Company's Board of Directors resolved in accordance with the Capital Markets Law No. 6362, the Communiqué on Borrowing Instruments numbered VII-128.8 and other relevant legislation and Article 7 of the Articles of Association of our Company titled "Issue of Debt Securities, Bonds and Similar Securities" provided that the necessary procedures are carried out and completed in accordance with the relevant legislation, in particular the Capital Market Legislation, the Company shall issue Turkish Lira denominated debt instrument(s) within the domestic market to be sold to qualified investors without public offering, in single or multiple tranches, with different maturities up to maximum 5 (five) years and in the form of bonds and / or bills not exceeding TL 1,000,000,000 (one billion Turkish Lira) in total, and the Company shall apply to Capital Markets Board for the issuance of debt instruments. Pursuant to that resolution, our Company has applied to the Capital Markets Board for the necessary approval today.