AYGAZ A.Ş.

Share Issue/Capital Change • Feb 8, 2017

Summary Info	CMB approval for the amendments to articles of association on the extension of the validity period of the Company's authorized capital limit
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	25.01.2017
Related Authorized Capital Process	Update Of Authorized Capital Validity Period
Current Authorized Capital (TL)	500.000.000
New Authorized Capital (TL)	500.000.000
Due Date For The Authorized Capital (New)	31.12.2021
Number Of Articles Of Association Item To Be Amended	6
Capital Market Board Application Date	01.02.2017
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	08.02.2017

Additional Explanations

Capital Markets Board's approval for the amendments to the Company's Articles of Association on the extension of the validity period of authorized capital limit to 2021 has been received on February 8, 2017.

The amendments will be proposed to the approval of shareholders at the first upcoming General Assembly after the approval of the Ministry of Customs and Trade is obtained.

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.

Supplementary Documents

Appendix: 1	Tadil Tasarı TR.pdf
Appendix: 2	Tadil Tasarı ENG.pdf