[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English

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Credit Rating
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Update Notification Flag
Evet (Yes)
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Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
09.03.2018
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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Announcement on Moody's Rating Decision

Moody's downgraded Coca-Cola İçecek A.Ş.'s (CCI) long-term rating to Ba2 from Ba1 on August 28, 2018. The outlook on the rating was changed  to "negative". The rating action was prompted by Moody's recent decision to downgrade Turkey's government issuer rating to Ba3 from Ba2 on August 17, 2018.

Further information related to credit ratings is available on our website, www.cci.com.tr.


We hereby declare that our above statements are in conformity with the principles included in the Capital Markets Board's Communiqué on Material Events, that they fully reflect the information we have acquired, that the information complies with our books, records and documents, that we have made our best effort to fully and accurately obtain all information regarding the matter and that we are responsible for this disclosure made hereby.

This is an English translation of the original official public disclosure made by Coca-Cola İçecek in Turkish through the Public Disclosure Platform ( www.kap.gov.tr ), for information purposes only. In the event of any discrepancy between this translation and the original Turkish disclosure, the original Turkish disclosure shall prevail. Coca-Cola İçecek makes no warranties or representations about the accuracy or completeness of the English translation and assumes no liability for any errors, ommissions or inaccuracies that may arise from use of this translation.