TURCAS PETROL A.Ş.

Notice of Dividend Amount • Apr 3, 2017

Summary Info	2016 Dividend Distribution
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No
Related Companies	TRCAS

Board Decision Date	03.04.2017
Type of Cash Dividend Payment	Payment In Advance
Currency Unit	TRY
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 (%)	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	Payment In Advance	0,066666	6,6666	0,056666	5,6666
B Grubu, İşlem Görmüyor, TRETRCS00019	Payment In Advance	0,066666	6,6666	0,056666	5,6666
C Grubu, İşlem Görmüyor, TRETRCS00027	Payment In Advance	0,066666	6,6666	0,056666	5,6666

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. 2017/04 of 03.04.2017; it has been resolved to submit the following proposal to the approval of General Assembly during 2016 Annual General Meeting:

In accordance with 2016 year-end consolidated financial statements prepared and audited in accordance with the regulations of Capital Markets Board, TL 18,000,000 (gross TL 0.066666, net TL 0.056666 per each share with TL 1 nominal value) dividend to be funded from net distributable income and retained earnings shall be distributed in cash until 31.12.2017.

Supplementary Documents

Appendix: 1	Kar dagitim tablosu 2016.pdf
Appendix: 2	Dividend Distribution Table_2016.pdf

DIVIDEND DISTRIBUTION TABLE

TURCAS PETROL A.Ş. 01.01.2016/31.12.2016 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	270.000.000
2. Total Legal Reserves (According to Legal Records)	36.885.036,02
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	19.477.159	38.034.109,74
4. Taxes Payable (-)	1.470.851	4.630.447,89
5. Net Current Period Profit	18.006.308	33.403.661,85
6. Losses in Previous Years (-)
7. Primary Legal Reserve (-)	1.670.183,09	1.670.183,09
8. NET DISTRIBUTABLE CURRENT PERIOD PROFIT	16.336.124,91	31.733.478,76
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit	16.336.124,91
9. Donations Made during the Year ( + )	558.982
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	16.895.106,91
11. First Dividend to Shareholders	16.895.106,91
* Cash	16.895.106,91
* Stock
12. Dividend Distributed to Owners of Privileged Shares
13. Other Dividend Distributed
* To the Employees
* To the Members of the Board of Directors,
* To None Shareholders
14. Dividend to Owners of Redeemed Shares
15. Second Dividend to Shareholders	1.104.893,09
16. Secondary Legal Reserves	308.646
17. Statutory Reserves
18. Special Reserves
19. EXTRAORDINARY RESERVES	13.424.833
20. Other Distributable Resources

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	15.299.991,5			0,056667	5,667
B Grubu	6,46			0,057396	5,74
C Grubu	2,5			0,066667	6,667
TOTAL	15.300.000,46		93,66	0,056667	5,667

Dividend Payment Table Explanation

Please find attached the dividend distribution table