EREĞLİ DEMİR VE ÇELİK FABRİKALARI T.A.Ş.

Notice of Dividend Amount • Feb 25, 2019

Summary Info	Board of Directors Decision about Dividend Distribution
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	25.02.2019
Date of Related General Assembly	21.03.2019
Type of Cash Dividend Payment	Payment In Advance
Currency Unit	TRY
Type of Stock Dividend Payment	Will Not Be Paid
The Reason For Applying A Lower Dividend Withholding Rate Than The Current Rate In Calculating Net Amount	Since all of Isdemir's taxable earnings are subject to withholding tax at the rate of 19.8%,in distribution of earnings,there is no withholding tax deduction in Erdemir under A.62 of Income Tax Law.

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 (%)	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, İşlem Görmüyor, TREERGL00017	Payment In Advance	1,38	138	1,2464097	124,64097
B Grubu, EREGL, TRAEREGL91G3	Payment In Advance	1,38	138	1,2464097	124,64097

Amount and Rate of Cash Dividend Stock Dividend Payment

Share Group Info	Amount of Stock Dividend (TL)	Rate of Stock Dividend (%)
A Grubu, İşlem Görmüyor, TREERGL00017	0	0
B Grubu, EREGL, TRAEREGL91G3	0	0

Additional Explanations

According to the decision of Company's Board of Directors, 25 February 2019 dated and 9613 numbered it was resolved to propose the profit distribution for the year 2018 as in the attached tables and to determine the dividend payment date, which will be as lump sum no later than 15 December 2019, to be determined by the Board of Directors after the General Assembly considering the cash projection of the Company. It is decided that these matters to be submitted to the General Assembly's approval at Our Company's Ordinary General Assembly Meeting which will be held on 21 March 2019.

In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

Supplementary Documents

Appendix: 1	Erdemir_Kons_12.2018_Kar Dagıtım.pdf
Appendix: 2	Erdemir_12.2018_Dividend_Distribution_Table.pdf

DIVIDEND DISTRIBUTION TABLE

EREĞLİ DEMİR VE ÇELİK FABRİKALARI T.A.Ş. 01.01.2018/31.12.2018 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	3.500.000.000
2. Total Legal Reserves (According to Legal Records)	1.422.993.447
Information on privileges in dividend distribution, if any, in the Articles of Association:	-

*	Based on CMB Regulations	Based on Legal Records
3. Current Period Profit	8.383.945.903	6.615.821.650
4. Taxes Payable (-)	2.785.955.676	959.400.982
5. Net Current Period Profit	5.597.990.227	5.656.420.668
6. Losses in Previous Years (-)	0	0
7. Primary Legal Reserve (-)	140.835.350	140.835.350
8. NET DISTRIBUTABLE CURRENT PERIOD PROFIT	5.457.154.877	5.515.585.318
Dividend Advance Distributed (-)	0	0
Dividend Advance Less Net Distributable Current Period Profit	0	0
9. Donations Made during the Year ( + )	3.775.709	0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	5.460.930.586	0
11. First Dividend to Shareholders	4.830.000.000	0
* Cash	4.830.000.000	0
* Stock	0	0
12. Dividend Distributed to Owners of Privileged Shares	0	0
13. Other Dividend Distributed	0	0
* To the Employees	0	0
* To the Members of the Board of Directors,	0	0
* To None Shareholders	0	0
14. Dividend to Owners of Redeemed Shares	0	0
15. Second Dividend to Shareholders	0	0
16. Secondary Legal Reserves	465.500.000	0
17. Statutory Reserves	0	0
18. Special Reserves	0	0
19. EXTRAORDINARY RESERVES	161.654.877	0
20. Other Distributable Resources	0	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	0,09	0	0	1,25	124,64
B Grubu	4.362.433.869,81	0	79,94	1,25	124,64
TOTAL	4.362.433.869,89	0	79,94	1,25	124,64