AYGAZ A.Ş.

Capital/Financing Update • Oct 19, 2017

Summary Info	Bond Issuance
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	14.02.2017

Related Issue Limit Info

Currency Unit	TRY
Limit	200.000.000
Issue Limit Security Type	Dept Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic

Capital Market Instrument To Be Issued Info

Type	Bond
Maturity Date	18.10.2019
Maturity (Day)	728
Interest Rate Type	Fixed Rate
Interest Rate - Periodic (%)	6,96
Interest Rate - Yearly Simple (%)	13,96
Interest Rate - Yearly Compound (%)	14,45
Sale Type	Sale To Qualified Investor
ISIN Code	TRSAYGZE1914
Title Of Intermediary Brokerage House	YAPI KREDİ YATIRIM MENKUL DEĞERLER A.Ş.
Starting Date of Sale	19.10.2017
Ending Date of Sale	19.10.2017
Maturity Starting Date	20.10.2017
Nominal Value of Capital Market Instrument Sold	50.000.000
Coupon Number	4
Currency Unit	TRY

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Record Date	Payment Date	Interest Rate (%)	Payment Amount	Exchange Rate	Was The Payment Made?
1	20.04.2018	19.04.2018	20.04.2018	6,96
2	19.10.2018	18.10.2018	19.10.2018	6,96
3	19.04.2019	18.04.2019	19.04.2019	6,96
4	18.10.2019	17.10.2019	18.10.2019	6,96
Principal/Maturity Date Payment Amount	18.10.2019	17.10.2019	18.10.2019

Additional Explanations

The sale transaction of bonds with ISIN code TRSAYGZE1914, 728 days term, 182 day coupon payments, fixed interest and principal payment at maturity date of 18.10.2019, was completed on 19.10.2017. The final issuance amount is realized as 50 million TL, within the ceiling which was approved by the Capital Markets Board's decision numbered 13/396 on 23.03.2017. Value date of the issuance will be 20.10.2017.

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.