TURCAS PETROL A.Ş.

M&A Activity • Aug 15, 2017

Summary Info	Trade Registration of Turcas Petrol A.Ş.-Turcas Elektrik Üretim A.Ş. Merger Transaction
Update Notification Flag	No
Correction Notification Flag	Yes
Postponed Notification Flag	No
Reason of Correction	No revision made.Trade Registration information is added.

Board Decision Date	08.05.2017
Merger Model	Merger Through Acquisition
Date Of Financial Statements Base To Merger	31.12.2016
Currency Unit	TRY

Acquired Company	Trading On The Stock Exchange/Not Trading On The Stock Exchange	Share Exchange Rate	Group of Share To Be Distributed To Acquired Company Shareholders	Form of Share To Be Distributed To Acquired Company Shareholders
Turcas Elektrik Üretim A.Ş.	Not Trading On The Stock Exchange

Share Group Info	Paid In Capital	Amount Of Capital To Be Increased Due To The Acquisition (TL)	Capital To Be Decreased (TL)	Target Capital	New Shares To Be Given Due To Merger
A Grubu, TRCAS, TRATRCAS92E6	269.999.850	0	0	269.999.850
B Grubu, İşlem Görmüyor, TRETRCS00019	112,5	0	0	112,5
C Grubu, İşlem Görmüyor, TRETRCS00027	37,5	0	0	37,5

	Paid In Capital	Amount Of Capital To Be Increased Due To The Acquisition (TL)	Capital To Be Decreased (TL)	Target Capital
TOTAL	270.000.000 TL	0 TL	0 TL	270.000.000 TL

Capital Market Board Application Date Regarding Merger	11.05.2017
Capital Market Board Application Result Regarding Merger	APPROVAL
Capital Market Board Approval Date Regarding Merger	04.08.2017
Registry Date of Merger Via Facilitated Procedure	14.08.2017
Capital Market Board Application Date	11.05.2017
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	04.08.2017
Was The Process Completed For The Merging Companies?	Yes

Additional Explanations

In accordance with Capital Markets Board's Communique on Merger and Demerger numbered II-23.2, merger between Turcas Petrol A.Ş. and Turcas Elektrik Üretim A.Ş. via facilitated procedure has been registered by İstanbul Trade Registration Office on 14.08.2017.

Note: In case of a discrepancy between the Turkish and the English versions, the Turkish version shall prevail

Documents Regarding Merger

Appendix: 1	Birleşme Sözleşmesi.pdf - Merger Contract
Appendix: 2	TP YKK.pdf - Other
Appendix: 3	TEUAS YKK.pdf - Other
Appendix: 4	SPK Onaylı Duyuru Metni.pdf - Announcement Text
Appendix: 5	TEUAS Mali Tablo.pdf - Other
Appendix: 6	TP Mali Tablo.pdf - Other
Appendix: 7	Birleşme Açılış Bilançosu.pdf - Estimated Opening Balance Sheet