[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English

oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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Update Notification Flag
Evet (Yes)
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Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
05.09.2017-02.11.2017
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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We as Kardemir A.Ş are pleased to inform you the arbitration proceeding  commenced by us  at the Hong Kong International Arbitration Center for USD 33.601.500 against Noble Resources International PTE LTD on 05.09.2017 is still continuing. We are now waiting for completion of procedures whichafter the detailed claim and respond will be submitted by the parties.

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.