Istanbul, August 10, 2020

Announcement Regarding the Signing of a Long-Term Loan Package

Our company signed a loan package of EUR500 million with China Development Bank ("CDB") which can be utilized in both EUR and Renminbi ("RMB") terms for financing Turkcell Group's infrastructure investments in the next three years. The respective loan has a maturity of 8 years and a grace period of 3 years. The loan will be repaid in the proceeding 5 years after the 3-year grace period (availability period) in accordance with the following repayment schedule. The annual interest rate is Euribor+2.29% for the EUR denominated portion and fixed 5.15% for the RMB denominated portion.

Installment

Date

Principal Repayment Ratio

1

10.10.2023

1.25%

2

10.04.2024

1.25%

3

10.10.2024

2.50%

4

10.04.2025

2.50%

5

10.10.2025

10.00%

6

10.04.2026

10.00%

7

10.10.2026

10.00%

8

10.04.2027

15.00%

9

10.10.2027

15.00%

10

10.04.2028

15.00%

11

7.08.2028

17.50%

For more information:

Turkcell Investor Relations

investor.relations@turkcell.com.tr

Tel: + 90 212 313 1888

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Turkcell Iletisim Hizmetleri AS published this content on 10 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2020 06:13:09 UTC