ENKA İNŞAAT VE SANAYİ A.Ş.

Notice of Dividend Amount • Mar 5, 2018

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

Board Decision Date	02.03.2018
Type of Cash Dividend Payment	Payment In Advance
Currency Unit	TRY
Type of Stock Dividend Payment	Will 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 (%)	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, TREENKA00029	Payment In Advance	0,12	12	0,10912	10,912
B Grubu, ENKAI, TREENKA00011	Payment In Advance	0,12	12	0,10912	10,912

Cash Dividend Payment Dates

Payment	Proposed Ex-Dividend Date	Final Ex-Dividend Date	Payment Date	Record Date
Payment In Advance	17.04.2018		19.04.2018	18.04.2018

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, TREENKA00029	1,015	8,69751
B Grubu, ENKAI, TREENKA00011	399.999.998,985	8,69565

Additional Explanations

Our Board of Directors resolved, after the analysis of Consolidated Balance Sheet and Profit – Loss statements for the year 2017, prepared in accordance with the Turkish Accounting Standards, to propose to the General Assembly to prepare the dividend distribution table from the Net Distributable Profit for the period from January 01, 2017 to December 31, 2017 as;

Advance Dividend paid to the share certificate holders 349,000,000 TL

To the share certificate holders (as Cash) 552,000,000 TL

To the share certificate holders (as Bonus issue) 400,000,000 TL

To the bonus certificate holders 32,348,238 TL

to distribute 552.000.000 TL cash dividend starting from April 17, 2018, by taking into account the legal status of the shareholders representing the 4,600,000,000 TL equity, as being 12.00% gross and 10.9120% net dividend

to add 400,000,000 TL which will be distributed as shares dividend to share capital

to allocate the remaining as extraordinary reserve fund after retaining the legal reserve.

(Translation into English is just for informational purposes. In case of a discrepancy between the Turkish and the English versions, the Turkish version shall prevail.)

DIVIDEND DISTRIBUTION TABLE

ENKA İNŞAAT VE SANAYİ A.Ş. 01.01.2017/31.12.2017 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	4.600.000.000
2. Total Legal Reserves (According to Legal Records)	790.560.371

*	Based on CMB Regulations	Based on Legal Records
3. Current Period Profit	3.189.661.000	1.660.388.679
4. Taxes Payable (-)	587.529.000	79.009.902
5. Net Current Period Profit	2.567.736.000	1.581.378.777
6. Losses in Previous Years (-)	0	0
7. Primary Legal Reserve (-)	79.068.939	79.068.939
8. NET DISTRIBUTABLE CURRENT PERIOD PROFIT	2.488.667.061	1.502.309.838
Dividend Advance Distributed (-)	349.000.000	0
Dividend Advance Less Net Distributable Current Period Profit	2.139.667.061	0
9. Donations Made during the Year ( + )	18.869.948	0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	2.158.537.009	0
11. First Dividend to Shareholders	0	0
* Cash	552.000.000	0
* Stock	170.000.000	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	32.348.238	0
15. Second Dividend to Shareholders	230.000.000	0
16. Secondary Legal Reserves	70.334.824	0
17. Statutory Reserves	0	0
18. Special Reserves	0	0
19. EXTRAORDINARY RESERVES	1.084.984.000	98.626.776
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	2,08	1,01	0	0,265	26,5
B Grubu	819.314.469,03	399.999.998,99	49	0,265	26,5
TOTAL	819.314.471,11	400.000.000	49	0,265	26,5

Dividend Payment Table Explanation

349.000.000 TL out of 901.000.000TLcash dividend had been distributed as Advance Dividend of 2017 by applying a witholding tax of 15% further to the Board of Directors' resolution. For 552.000.000 TL gross, and 501.955.148 TL net which will be distributed from the year end profit, at a rate of 12,00% gross and 10,9120% net for each 1 TL nominal valued share, a witholding tax of 9,0661% will be applied.

To the holders of each Group A and Group B shares, Group B share dividend would be given in a rate of 8,6956%; as total amount 400.000.000 TL bonus share.

The secondary legal reserve of the advance dividend which was distributed within the year is included in secondary legal reserves in line 16.

(Translation into English is just for informational purposes. In case of a discrepancy between the Turkish and the English versions, the Turkish version shall prevail.)