Capital of the company is TL 1.775.000.000.00- (One billion seven hundred and seventy-five million Turkish Liras) divided into 1.775.000.000.00 (One billion seven hundred and seventy-five million) shares each with the nominal value of TL 1.00- (one Turkish Lira).

The previous capital of the company is fully subscribed and paid up. Board of Directors is authorized to exclude a shareholder, who is in default due to his called-up debts, from his rights arising from his undertaking as well as the partial payment he has done in this respect, accept another partner in place of him and cancel the shares given to him, if any. Board of Directors shall be authorized to apply Articles 482 and 483 of Turkish Commercial Code in case shareholders go into default on fulfilling their obligations in the payment of committed capital.

Capital of the company is TL 2.600.000.000 (Two billion and six hundred million Turkish Lira) divided into 2.600.000.000 (Two billion and six hundred million) shares each with the nominal value of TL 1 (One Turkish Lira).

The previous capital of the Company has been fully subscribed and paid by the Company shareholders.

A portion TL 225.000.000 (two hundred and twenty-five million Turkish Lira) of the capital increase of TL 825.000.000. (Eight hundred and twenty-five million Turkish Lira) has been fully subscribed in cash; a portion of TL 600.000.000-(Six hundred million Turkish Lira) will be financed gratuitously by the addition of the reserve fund set aside in accordance with the General Assembly resolution to the share capital. A portion of TL 100.000.000 (One hundred million Turkish Lira) of the cash subscription amounting to TL 225.000.000- (Two hundred and twenty-five million Turkish Lira) will be paid before the registration of the capital increase and remaining portion of the cash subscription amounting to TL 125.000.000 (One hundred and twenty-five million Turkish Lira) will be paid at the latest on 31.10.2014 in accordance with the procedure and schedule to be determined by the general assembly and the Board of Directors.

Board of Directors is authorized to exclude a shareholder, who is in default due to his called-up debts, from his rights arising from his undertaking as well as the partial payment he has done in this respect, accept another partner in place of him and cancel the shares given to him, if any. Board of Directors shall be authorized to apply Articles 482 and 483 of Turkish Commercial Code in case shareholders go into default on fulfilling their obligations in the payment of committed capital.