TÜPRAŞ-TÜRKİYE PETROL RAFİNERİLERİ A.Ş.

Capital/Financing Update • Jan 22, 2019

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

Board Decision Date	11.12.2018

Related Issue Limit Info

Currency Unit	TRY
Limit	1.000.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Private Placement-Sale To Qualified Investor
Domestic / Oversea	Domestic

Capital Market Instrument To Be Issued Info

Type	Bond
Maturity Date	22.01.2021
Maturity (Day)	728
Interest Rate Type	Floating Rate
Sale Type	Sale To Qualified Investor
Title Of Intermediary Brokerage House	YAPI KREDİ YATIRIM MENKUL DEĞERLER A.Ş.
Coupon Number	8

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Record Date	Payment Date	Interest Rate (%)	Interest Rate - Yearly Simple (%)	Interest Rate - Yearly Compound (%)	Payment Amount	Exchange Rate	Was The Payment Made?
1	26.04.2019	25.04.2019	26.04.2019
2	26.07.2019	25.07.2019	26.07.2019
3	25.10.2019	24.10.2019	25.10.2019
4	24.01.2020	23.01.2020	24.01.2020
5	24.04.2020	22.04.2020	24.04.2020
6	24.07.2020	23.07.2020	24.07.2020
7	23.10.2020	22.10.2020	23.10.2020
8	22.01.2021	21.01.2021	22.01.2021
Principal/Maturity Date Payment Amount

Additional Explanations

With reference to our application concerning the domestic sale of bonds, to qualified investors only, that was approved by the Capital Markets Board, with decision numbered 1/7 and dated 03.01.2018; book-building process of the bond with an initial amount of 100 million TL (the amount may be increased in line with the demand), 728-day maturity and floating rate 91-days coupon is planned to be held on 23.01.2019 and bonds are expected to be issued on 25.01.2019. The issuance will be advised by Yapı Kredi Yatırım Menkul Değerler A.Ş. 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.