AYGAZ A.Ş.

Capital/Financing Update • Apr 20, 2018

Summary Info	First coupon payment of 50,000,000 TL bond with ISIN code TRSAYGZE1914
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	Debt 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	3.480.000		Yes
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

First coupon payment of 3,480,000 TL of the private sector bond with a nominal amount of 50,000,000 TL that was issued by our Company with ISIN code TRSAYGZE1914 was completed on 20.04.2018.

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.