AYGAZ A.Ş. — Share Issue/Capital Change 2017

Feb 1, 2017

Summary Info	Extension of Registered Capital Ceiling Validity Period
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

Additional Explanations

The Board of Directors resolved to amend Article 6 "Capital" of the Company's Articles of Association in order to extend the validity period of Company's upper limit of authorized capital from 2017 to 2021 and to propose the amendment to the approval of the first upcoming General Assembly after the approvals of Capital Markets Board and the Ministry of Customs and Trade are obtained.

Application to the Capital Markets Board for the approval of attached proposed amendments is made on February 01, 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.

Supplementary Documents

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