[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Mr. Toker ÖZCAN, General Manager of our subsidiary İskenderun Demir ve Çelik A.Ş., has left the position of General Manager as of October 12, 2018 due to his appointment as "Head of OYAK Mining Metallurgy Group" as of the same date.

In addition to his new position, Mr. ÖZCAN will maintain his present Deputy Chairman (Representative of Erdemir Madencilik Sanayi ve Ticaret A.Ş.) position in İskenderun Demir ve Çelik A.Ş.

Mr. Mesut KEYFLİ, Deputy Vice President of Operations, has been appointed to the vacant General Manager position as the "General Manager" of our subsidiary İskenderun Demir ve Çelik A.Ş. on October 12, 2018.

In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.