TURCAS PETROL A.Ş.

Notice of Dividend Amount • Apr 8, 2019

Summary Info	2018 Dividend Distribution
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	08.04.2019
Type of Cash Dividend Payment	Cash Dividend Will Not Be Paid
Type of Stock Dividend Payment	Will Not Be Paid

Amount and Rate of Cash Dividend Payment

Share Group Info	Payment	Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (TL)	Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (%)	Withholding Rate (%)	Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (TL)	Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (%)
A Grubu, TRCAS, TRATRCAS92E6		0,0000000	0	0	0,0000000	0
B Grubu, İşlem Görmüyor, TRETRCS00019		0,0000000	0	0	0,0000000	0
C Grubu, İşlem Görmüyor, TRETRCS00027		0,0000000	0	0	0,0000000	0

Amount and Rate of Cash Dividend Stock Dividend Payment

Share Group Info	Amount of Stock Dividend (TL)	Rate of Stock Dividend (%)
A Grubu, TRCAS, TRATRCAS92E6	0	0
B Grubu, İşlem Görmüyor, TRETRCS00019	0	0
C Grubu, İşlem Görmüyor, TRETRCS00027	0	0

Additional Explanations

Pursuant to Resolution of Board of Directors no. 2019/05 of 08.04.2019; it has been resolved to submit the decision about not distributing any dividends to the approval of shareholders during 2018 Annual General Meeting as there is no distributable profit in Dividend Distribution Table in accordance with 2018 year-end statutory and consolidated financial statements prepared and audited according to the regulations of Capital Markets Board, due to net losses recorded in 2018.

Kind regards,

Supplementary Documents

Appendix: 1	Kar dagitim tablosu 2018.pdf
Appendix: 2	Dividend Distribution Table_2018.pdf

DIVIDEND DISTRIBUTION TABLE

TURCAS PETROL A.Ş. 01.01.2018/31.12.2018 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	255.600.000
2. Total Legal Reserves (According to Legal Records)	39.308.015,52
Information on privileges in dividend distribution, if any, in the Articles of Association:	None

*	Based on CMB Regulations	Based on Legal Records
3. Current Period Profit	-139.907.174	-114.970.174,06
4. Taxes Payable (-)	-12.447.133	0
5. Net Current Period Profit	-127.460.041	-114.970.174,06
6. Losses in Previous Years (-)	0	0
7. Primary Legal Reserve (-)	0	0
8. NET DISTRIBUTABLE CURRENT PERIOD PROFIT	-127.460.041	-114.970.174,06
Dividend Advance Distributed (-)	231.799,5
Dividend Advance Less Net Distributable Current Period Profit	-127.228.241,5
9. Donations Made during the Year ( + )	0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	0
11. First Dividend to Shareholders	0
* Cash	0
* Stock	0
12. Dividend Distributed to Owners of Privileged Shares	0
13. Other Dividend Distributed	0
* To the Employees	0
* To the Members of the Board of Directors,	0
* To None Shareholders	0
14. Dividend to Owners of Redeemed Shares	0
15. Second Dividend to Shareholders	0
16. Secondary Legal Reserves	0
17. Statutory Reserves	0
18. Special Reserves	0
19. EXTRAORDINARY RESERVES	0
20. Other Distributable Resources	0

Dividend Rates Table

Share Group	CASH DIVIDEND AMOUNT (TL) - NET	STOCK DIVIDEND AMOUNT (TL)	TOTAL DIVIDEND AMOUNT (TL) / NET DISTRIBUTABLE CURRENT PERIOD PROFIT (%)	DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (TL)	DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (%)
A Grubu	0	0	0	0	0
B Grubu	0	0	0	0	0
C Grubu	0	0	0	0	0
TOTAL	0	0	0	0	0

Dividend Payment Table Explanation

Please find attached dividend distribution table