<SEC-DOCUMENT>0000947871-18-000967.txt : 20181212
<SEC-HEADER>0000947871-18-000967.hdr.sgml : 20181212
<ACCEPTANCE-DATETIME>20181212074814
ACCESSION NUMBER:		0000947871-18-000967
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20181212
FILED AS OF DATE:		20181212
DATE AS OF CHANGE:		20181212

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TURKCELL ILETISIM HIZMETLERI A S
		CENTRAL INDEX KEY:			0001071321
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			W8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15092
		FILM NUMBER:		181230024

	BUSINESS ADDRESS:	
		STREET 1:		AYDINEVLER MAHALLESI INONU CADDESI NO 20
		STREET 2:		KUCUKYALI OFISPARK, MALTEPE
		CITY:			ISTANBUL
		STATE:			W8
		ZIP:			34854
		BUSINESS PHONE:		902123131244

	MAIL ADDRESS:	
		STREET 1:		AYDINEVLER MAHALLESI INONU CADDESI NO 20
		STREET 2:		KUCUKYALI OFISPARK, MALTEPE
		CITY:			ISTANBUL
		STATE:			W8
		ZIP:			34854
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>ss118493_6k.htm
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUER
<TEXT>
<html>
<head>
<title></title>

</head>
<body style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" bgcolor="#ffffff" text="#000000">
<div>
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">
<hr style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: center; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; HEIGHT: 10px; COLOR: #ffffff; MARGIN-LEFT: auto; BORDER-TOP: black 4px solid; MARGIN-RIGHT: auto; BORDER-RIGHT: medium none" align="center">
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Washington, D.C. 20549</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">FORM 6-K</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">REPORT OF FOREIGN PRIVATE ISSUER</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">PURSUANT TO RULE 13a-16 OR 15d-16 UNDER</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">THE SECURITIES EXCHANGE ACT OF 1934</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Report on Form 6-K dated December 12, 2018</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Commission File Number: 001-15092</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div>
<hr style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; BACKGROUND-COLOR: #000000; WIDTH: 25%; HEIGHT: 2px; COLOR: #000000; MARGIN-LEFT: auto; BORDER-TOP: medium none; MARGIN-RIGHT: auto; BORDER-RIGHT: medium none" align="center" noshade>
</div>

<div><br>
</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 12pt; FONT-WEIGHT: bold">TURKCELL ILETISIM HIZMETLERI A.S.</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(Translation of registrant&#8217;s name in English)</div>

<div><br>
</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ayd&#305;nevler Mahallesi &#304;n&#246;n&#252; Caddesi No:20</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">K&#252;&#231;&#252;kyal&#305; Ofispark </div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">34854 Maltepe<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><br>
</font>Istanbul, Turkey</div>

<div><br>
</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(Address of Principal Executive Offices)</div>

<div><br>
</div>

<div>
<div>
<hr style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; BACKGROUND-COLOR: #000000; WIDTH: 25%; HEIGHT: 2px; COLOR: #000000; MARGIN-LEFT: auto; BORDER-TOP: medium none; MARGIN-RIGHT: auto; BORDER-RIGHT: medium none" align="center" noshade>
</div>

<div>&#160;</div>

<div><br>
</div>
</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Indicate by check mark whether the registrant files or will file annual reports under cover of Form&#160;20-F or Form 40-F.</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: center"><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Form 20-F </font><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">&#9746;</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Form 40-F <font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">&#9744;</font></font></div>

<div>&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: center"><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Yes </font><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">&#9744;</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">No&#160;<font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">&#9746;</font></font></div>

<div>&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: center"><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Yes </font><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">&#9744;</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">No&#160;<font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">&#9746;</font></font></div>

<div>&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: center"><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Yes </font><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">&#9744;</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">No&#160;<font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">&#9746;</font></font></div>

<div>&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">If &#8220;Yes&#8221; is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- __________</div>

<div>&#160;</div>
</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Enclosure: A press release dated December 12, 2018, regarding the transfer of our shares in Fintur Holdings B.V.</div>
</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">&#160;</div>

<div>
<hr style="BORDER-BOTTOM: black 4px solid; TEXT-ALIGN: center; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; HEIGHT: 10px; COLOR: #ffffff; MARGIN-LEFT: auto; BORDER-TOP: black 1px solid; MARGIN-RIGHT: auto; BORDER-RIGHT: medium none" align="center">
<br>
</div>

<div><br>
</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">&#160;</div>
</div>

<div style="FONT-FAMILY: Arial"><img src="image01.jpg"></div>

<div style="FONT-FAMILY: Arial"><br>
</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Istanbul, December 12, 2018</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt"><br>
&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; COLOR: #000000; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Announcement Regarding the Transfer of Our Shares in Fintur Holdings B.V.</div>

<div style="FONT-FAMILY: Arial"><br>
</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Binding agreement with respect to the transfer of our shares in our 41.45% owned subsidiary Fintur Holdings B.V. (&#8220;Fintur&#8221;) to Sonera Holding B.V., the other shareholder of Fintur, has been signed on December 12, 2018.</div>

<div style="FONT-FAMILY: Arial"><br>
</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: Arial; FONT-SIZE: 10pt">The transfer of shares is expected to be completed following the transfer of Fintur&#8217;s subsidiary Kcell JSC to Kazakhtelecom as disclosed per our announcement dated December 12, 2018, and obtainment of other regulatory approvals. The final value of the transaction will be finalized following the respective adjustments. Based on the calculation over Fintur&#8217;s financials as of November 30, 2018, the value of the transaction is anticipated to be approximately EUR 350 million.</div>

<div style="FONT-FAMILY: Arial"><br>
</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: Arial; FONT-SIZE: 10pt"><font style="FONT-SIZE: 10pt">Turkcell CEO Kaan Terzio&#287;lu stated the following: </font>&#8220;Today, we announce an important milestone towards our Company&#8217;s focus on digital services and strong balance sheet strategies. We have been working for over one year on the divesment of Fintur, in which we are a minority shareholder. This morning as a first step, Fintur sold Kcell. Following that, as Turkcell we signed a binding agreement with respect to the transfer of our shares in our 41.45% owned subsidiary Fintur to our partner Telia for approximately EUR 350 million. We anticipate that the cash proceeds from this transaction, which is expected to be completed in January 2019, will lower our Net Debt/EBITDA ratio below 1.5 times and our limited short FX position will turn into a long position. Subject to the FX rates and balance sheet position on the closing date, the contribution of this transaction to Turkcell&#8217;s profitability is expected to be approximately TRY 850 million. We will continue our investments in accordance with our digital services and growth focus with the proceeds generated through this transaction. In addition to our brand, technology, digital services portfolio and our human capital, our stronger than ever balance sheet will support our vision to become the global digital operator.&#8221;</div>

<div style="FONT-FAMILY: Arial"><br>
</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: Arial; FONT-SIZE: 10pt">The sale transaction was executed in accordance with the decision of our Board of Directors of our Company which convened on December 11, 2018 with the participation of all of the independent members. The decision was resolved with the unanimous votes of the members.</div>

<div style="FONT-FAMILY: Arial"><br>
</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: Arial; FONT-SIZE: 10pt">The disclosure of this Board of Directors decision was postponed until the signing of the sale agreement with the underlying reason that such disclosure at negotiations stage might have misled the investors and adversely impacted the legal rights and interests of our Company. According to the 5th and 6th articles of the Capital Markets Board&#8217;s &#8220;Communiqu&#233; Regarding Common Terms On Material Transactions And Right To Exit&#8221; with the number II-23.1, this sale transaction does not fall within the category of &#8220;Material Transaction&#8221;* defined therein.</div>

<div style="FONT-FAMILY: Arial"><br>
</div>

<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade>
</div>
</div>

<div style="FONT-FAMILY: Arial">&#160;</div>

<table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt" id="z8220d202bd84497fa8cd06fbf8e4dd41" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Board Decision Date for Sale</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">11.12.2018</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Were Majority of Independent Board Members&#8217; Approved the Board Decision for Sale?</div>
</td>
<td style="WIDTH: 2.76%; VERTICAL-ALIGN: bottom">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: Arial; FONT-SIZE: 10pt">:</div>

<div style="FONT-FAMILY: Arial">&#160;</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Yes</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Title of Non-current Financial Asset Sold</div>
</td>
<td style="WIDTH: 2.76%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: Arial; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Fintur Holdings B.V. (&#8220;Fintur&#8221;)</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: middle">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 2.76%; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">Field of Activity of Non-current Financial Asset sold</div>
</td>
<td style="TEXT-ALIGN: center; WIDTH: 2.76%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Telecommunication investments</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Capital of Non-current Financial Asset sold</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">US$ 538<font style="FONT-SIZE: 10pt">,</font>118,000</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: top">&#160;</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: top">&#160;</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: top">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Date on which the Transaction was/will be Completed</div>

<div style="FONT-FAMILY: Arial">&#160;</div>
</td>
<td style="WIDTH: 2.76%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-FAMILY: Arial; FONT-SIZE: 10pt">:</div>

<div style="FONT-FAMILY: Arial">&#160;</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Transfer of shares will be completed following the completion of transfer of Fintur&#8217;s subsdiary Kcell JSC and obtainment of other regulatory approvals.</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 2.76%; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Sales Conditions</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Cash</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Nominal Value of Shares Sold</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">US$ 223<font style="FONT-SIZE: 10pt">,</font>049,911</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Sales Price Per Share</div>
</td>
<td style="WIDTH: 2.76%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: Arial; FONT-SIZE: 10pt">:</div>

<div style="FONT-FAMILY: Arial">&#160;</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Will be finalized on the closing date.</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Total Sales Value</div>
</td>
<td style="WIDTH: 2.76%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: center; FONT-FAMILY: Arial; FONT-SIZE: 10pt">:</div>

<div style="FONT-FAMILY: Arial">&#160;</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Will be finalized on the closing date.</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Ratio of Shares Sold to Capital of Non-current Financial Asset (%)</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">41.45%</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Total Ratio of Shares Owned in Capital of Non-current Financial Asset After Sales Transaction (%)</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">0%</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Total Voting Right Ratio Owned in Non-current Financial Asset After Sales Transaction (%)</div>

<div style="FONT-FAMILY: Arial">&#160;</div>
</td>
<td style="WIDTH: 2.76%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: Arial; FONT-SIZE: 10pt">:</div>

<div style="FONT-FAMILY: Arial">&#160;</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">0%</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Ratio of Non-current Financial Asset Sold to Total Assets in Latest Disclosed Financial Statements of Company (%)</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">4.2%</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Ratio of Transaction Value to Sales in Latest Annual Financial Statements of Company (%)</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Will be finalized on the closing date.</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Effects on Company Operations</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">The parent-subsidiary relationship will cease. Sale transaction is expected to strengthen Turkcell&#8217;s financing structure.</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Profit / Loss Arised After Transaction</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Subject to the FX rates and balance sheet position on the closing date, the contribution of this transaction to Turkcell&#8217;s profitability is expected to be approximately TRY 850 million.</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">How will Sales Profit be Used if Exists?</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: bottom">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: bottom">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">-</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Board Decision Date for Use of Sales Profit if Exists</div>
</td>
<td style="TEXT-ALIGN: center; WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt">:</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt">There is no decision taken for this matter.</div>
</td>
</tr>
</table>

<div>&#160;</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade>
</div>
</div>

<div>&#160;</div>

<table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt" id="z6516d0487dba46c1a7ad43b88464de6c" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: bottom">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Title/ Name-Surname of Counter Party Bought</div>
</td>
<td style="TEXT-ALIGN: center; WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt">:</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt">Sonera Holding B.V.</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Is Counter Party a Related Party According to CMB Regulations?</div>
</td>
<td style="WIDTH: 2.76%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: Arial; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Yes</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Relation with Counter Party if any</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">The other shareholder of Fintur with 58.55% stake and subsidiary of one of Turkcell&#8217;s shareholders</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Agreement Signing Date if Exists</div>
</td>
<td style="TEXT-ALIGN: center; WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">12.12.2018</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Value Determination Method of Non-current Financial Asset</div>
</td>
<td style="WIDTH: 2.76%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: Arial; FONT-SIZE: 10pt">:</div>

<div style="FONT-FAMILY: Arial">&#160;</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Determined by negotiations taking into account financials of Fintur and market conditions.</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Did Valuation Report be Prepared?</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">No.</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Reason for not Preparing Valuation Report if it was not Prepared</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">The sale transaction was executed in accordance with shareholders&#8217; agreement.</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: top">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Date and Number of Valuation Report</div>

<div style="FONT-FAMILY: Arial">&#160;</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">-</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">Title of Valuation Company Prepared Report</div>
</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: center; FONT-SIZE: 10pt">:</div>
</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">
<div style="TEXT-ALIGN: left; FONT-SIZE: 10pt">-</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Value Determined in Valuation Report if Exists</div>
</td>
<td style="TEXT-ALIGN: center; WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt">:</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt">-</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Reasons if Transaction wasn&#8217;t/will not be performed in Accordance with Valuation Report</div>
</td>
<td style="TEXT-ALIGN: center; WIDTH: 2.76%; VERTICAL-ALIGN: bottom">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="FONT-FAMILY: Arial">:</div>
</td>
<td style="WIDTH: 55.92%; VERTICAL-ALIGN: middle">
<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="FONT-FAMILY: Arial">&#160;</div>

<div style="FONT-FAMILY: Arial">-</div>
</td>
</tr>

<tr>
<td style="WIDTH: 41.32%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 2.76%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
<td style="WIDTH: 55.92%; FONT-FAMILY: Arial; VERTICAL-ALIGN: middle">&#160;</td>
</tr>
</table>

<div><br>
</div>

<div><br>
</div>

<div style="TEXT-ALIGN: justify; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman'; COLOR: #000000; FONT-SIZE: 10pt">*Relevant calculations are as follows:</div>

<div><br>
</div>

<div style="TEXT-ALIGN: justify; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman'; COLOR: #000000; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">&#160;</font>a) The ratio of carrying value of the financial asset subject to the sale transaction to total assets as per the latest publicly disclosed financial statements (financial statements for the period ended as of 30 September 2018): 4.2% with a&#160; carrying value of TRY 1,928,649 thousand and total assets of TRY 45,404,096 thousand.</div>

<div><br>
</div>

<div style="TEXT-ALIGN: justify; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman'; COLOR: #000000; FONT-SIZE: 10pt">b) The ratio of transaction value to the market value calculated by taking daily adjusted weighted average price of shares over the previous 6-month period prior to date of the Board of Directors&#8217; decision: The market value by taking the adjusted weighted average price of shares over the previous 6-month period prior to the Board of Directors&#8217; decision dated December 11, 2018 is TRY 26,256,218 thousand and the anticipated transaction value is TRY 2,130,800 thousand translated into TRY with EUR/TRY indicative rate as of December 11, 2018. Accordingly, the ratio is 8.0%.</div>

<div><br>
</div>

<div style="TEXT-ALIGN: justify; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman'; COLOR: #000000; FONT-SIZE: 10pt">c) The contribution of the asset that is to be transferred or leased or created a right in rem to the total revenue and the ratio of this amount to the total sales as per the financial statements as at 31 December 2017. The revenue contribution is TRY 0 and the total sales is TRY 17,632,064 thousand. Accordingly, the ratio is 0%.</div>

<div><br>
</div>

<div><br>
</div>

<div style="TEXT-ALIGN: left; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">For more information:</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Turkcell Investor Relations</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; COLOR: #0000ff; FONT-SIZE: 10pt"><u>investor.relations@turkcell.com.tr</u></div>

<div>&#160;</div>

<div style="TEXT-ALIGN: left; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Tel: + 90 212 313 1888<br>
</div>
</div>

<div style="FONT-FAMILY: Arial"><br>
</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade>
</div>
</div>

<div style="FONT-FAMILY: Arial"><br>
</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt; FONT-WEIGHT: bold">SIGNATURES</div>

<div style="FONT-FAMILY: 'Times New Roman'"><br>
</div>

<div style="FONT-FAMILY: 'Times New Roman'"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 36pt; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Pursuant to the requirements of the Securities Exchange Act of 1934, Turkcell Iletisim Hizmetleri A.S. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</div>

<div style="FONT-FAMILY: 'Times New Roman'">&#160;</div>

<div style="FONT-FAMILY: 'Times New Roman'">
<div>
<div><br>
</div>

<div>&#160;</div>

<table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt; BORDER-TOP: medium none; BORDER-RIGHT: medium none" id="z97b7fc0e0f554268933d4a9f200c7d55" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 45.83%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none" colspan="2">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt; FONT-WEIGHT: bold">TURKCELL ILETISIM HIZMETLERI A.S.</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 45.83%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none" colspan="2">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 45.83%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none" colspan="2">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 45.83%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Date:&#160; December 12, 2018</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 5%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">By:</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; WIDTH: 49%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"><font style="FONT-VARIANT: small-caps; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">/</font>s<font style="FONT-VARIANT: small-caps; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">/</font><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">&#160;</font>Zeynel Korhan Bilek</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 45.83%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 5%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Name:</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 49%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Zeynel Korhan Bilek</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 45.83%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 5%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Title:</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 49%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Investor Relations and Mergers &amp; Acquisitions Director</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 45.83%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 5%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 49%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
</tr>
</table>

<div><br>
</div>

<div>&#160;</div>

<div><br>
</div>

<div>&#160;</div>

<table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt; BORDER-TOP: medium none; BORDER-RIGHT: medium none" id="zf1f5d36165f7411fb5e2f05c4c847088" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 45.85%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none" colspan="2">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt; FONT-WEIGHT: bold">TURKCELL ILETISIM HIZMETLERI A.S.</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 45.85%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none" colspan="2">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 45.85%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none" colspan="2">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 45.85%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Date:&#160; December 12, 2018</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 5%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">By:</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; WIDTH: 49%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"><font style="FONT-VARIANT: small-caps; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">/</font><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">s</font><font style="FONT-VARIANT: small-caps; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">/</font><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">&#160;</font>Osman Y&#305;lmaz</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 45.85%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 5%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Name:</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 49%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Osman Y&#305;lmaz</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 45.85%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 5%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Title:</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 49%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Chief Financial Officer</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 45.85%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 5%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 49%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">&#160;</td>
</tr>
</table>
</div>

<div>&#160;</div>

<div>&#160;</div>

<div>
<hr style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; BACKGROUND-COLOR: #000000; HEIGHT: 2px; COLOR: #000000; MARGIN-LEFT: auto; BORDER-TOP: medium none; MARGIN-RIGHT: auto; BORDER-RIGHT: medium none" align="center" noshade>
</div>
</div>
</div>
</body>
</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>image01.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image01.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_X1#T17AI9@  34T *@    @ ! $[  (
M   .   (2H=I  0    !   (6)R=  $    <   0T.H<  <   @,    /@
M   <Z@    @
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M                                                 $UA<G1I;B!(
M=6=H97,   60 P "    %   $*:0!  "    %   $+J2D0 "     S,S  "2
MD@ "     S,S  #J'  '   (#   ")H     '.H    (
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
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MUM?8V=KAXN/DY>;GZ.GJ\?+S]/7V]_CY^O_$ !\!  ,! 0$! 0$! 0$
M   ! @,$!08'" D*"__$ +41  (! @0$ P0'!00$  $"=P ! @,1! 4A,082
M05$'87$3(C*!"!1"D:&QP0DC,U+P%6)RT0H6)#3A)?$7&!D:)B<H*2HU-C<X
M.3I#1$5&1TA)2E-455976%E:8V1E9F=H:6IS='5V=WAY>H*#A(6&AXB)BI*3
ME)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN+C
MY.7FY^CIZO+S]/7V]_CY^O_:  P# 0 "$0,1 #\ ^D:*** "HY+B&(XEE1#Z
M%@*YS4=?>ZG^S:<V$SM\P=7/M[4]O#ESY6\7"-)C)0J>?^!9_I7S57.JU:<Z
M>7TO:<N[O9?+N=BP\8I.K*USH([B&7_52HY]%8&I*YZQL(W@+.V'7]#4UEJS
M17/V:Z;<F<+(>H^M5A\Z:C3>,BH<^S3NOGV%+#ZOD=[&W1117T9R!1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %9'B:YE@T5X[8$SW+"",+URW_
M -;-:],>&.5XVD0,T;;D)'W3C&?R-88BG*K2E3B[-Z7+A)1DI,YB.TM?#=A'
M)=!;B^<?(IZ+_P#6'K4H\4/);[1 JRXQNW<?7%8.L7YOM3FFSE0Q1/916CHN
M@37JK<71,,!Y _B<?T%?G,<5C*F(EA<K7+%::)?^!-OJ^Y[$J=-052OJ_P"M
M!;-IYYU@A?!D/4_SJ;5=(GL8/M"RB:,'Y_EP5SW]Q4]SK=CI3>1IL"2,IPSY
MX_/O535O%"7=@UO!"R&08<L1P/05*PV6T,+4HXFKSU4M+7LGV71Z[BYJTIJ4
M(VB=%H]U]KTN*0G+ ;3]16#XZ\$MXUM;.%-7N-,^RR,^Z 9+Y&,'D5I>%58:
M$C-_&[$?3./Z5LU^A936J_5*-1OWN5?D>1B*<7.4'M<^:M!\%76L_$K5?"K>
M(K^&/3UD(N0Q)?:RCE=W'WOTK9^)>E7/A&Q\&:/#JEU<^5/-NG9RC2;I$;D
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M/:?9%M7+#!90H7/L>,_6N9\/?"W3]&\-:AX?OKZ;5=+O6#^1.@7RG_O*1T/
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MP-#Y4X&T9(.?K\M=Y116%2I.K+FF[LVA3C35HH****S+"BBB@ HHHH ****
C"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH __]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
