[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English

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Credit Rating
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Update Notification Flag
Hayır (No)
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Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
28.01.2016
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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International rating agency, Fitch Ratings has affirmed Tupras' Long-term local and foreign currency Issuer Default Ratings at 'BBB-' (investment grade) and National Long-term rating at 'AA+(tur)' and the outlook has been revised to negative.

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.