[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English

oda_ForwardLookingEvaluationsAbstract|
Forward Looking Evaluations
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Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
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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2018 EBITDA Margin Expectation of Kardemir as announced at the begining of the year is revised  from %23-25 to % 31-33.

Respectfully Submitted.


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.