Following the downgrade of Turkey's sovereign rating from BB+ to BB and determination of country outlook as "negative", international credit rating agency Fitch Ratings has reviewed credit ratings of Tüpraş along with other Turkish corporates in a similar situation; and our company's credit ratings have been downgraded from BBB- to BB+ with a negative outlook.

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TUPRAS - Turkiye Petrol Rafinerileri AS published this content on 19 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 July 2018 18:16:01 UTC