MİGROS TİCARET A.Ş.

Capital/Financing Update • Jul 19, 2019

Summary Info	CMB approval for the debt instrument capital ceiling
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	19.06.2019
Issue Limit	1.000.000.000
Currency Unit	TRY
Issue Limit Security Type	Debt Securities
Sale Type	Private Placement-Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Application Date	26.06.2019
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	18.07.2019
Expiry Date of Issue Limit	18.07.2020

Additional Explanations

In the public disclosure dated 26.06.2019, it was announced that Migros had applied to the Capital Markets Board ("CMB") for the approval of the issuance certificate(s) regarding the debt instrument capital ceiling. In the CMB Bulletin dated 18.07.2019, it was announced that the aforementioned application was approved by CMB. The Issuance Certificate and its annex together with the Application Form are in the attachment. (In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.)

Supplementary Documents

Appendix: 1	Migros Ihrac Belgesi ve Eki.pdf
Appendix: 2	Migros Basvuru Formu.pdf