Summary Info
Ordinary General Assembly Dividend Distribution Result
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
21.02.2019
Date of Related General Assembly
20.03.2019
Was The Issue of Dividend Payment Negotiated?
Discussed
Type of Cash Dividend Payment
Payment In Advance
Currency Unit
TRY
Type of Stock Dividend Payment
Will Not Be Paid
Amount and Rate of Cash Dividend Payment
Share Group Info
Payment
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (TL)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (%)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (TL)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (%)
A Grubu, TUPRS, TRATUPRS91E8
Payment In Advance
15,15
1.515
12,8775
1.287,75
C Grubu, İşlem Görmüyor, TRETPRS00011
Payment In Advance
15,15
1.515
12,8775
1.287,75
Cash Dividend Payment Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
Payment In Advance
28.03.2019
28.03.2019
01.04.2019
29.03.2019
Amount and Rate of Cash Dividend Stock Dividend Payment
Share Group Info
Amount of Stock Dividend (TL)
Rate of Stock Dividend (%)
A Grubu, TUPRS, TRATUPRS91E8
0
0
C Grubu, İşlem Görmüyor, TRETPRS00011
0
0
Additional Explanations

The following decision for dividend payment of the year 2018 has been taken at the General Assembly Meeting held in the Company Headquarters.

Following the proposal of the Company's Board of Directors, it was decided to distribute a Gross Cash Dividend of TL 3,793,850,880.00 and the dividend distribution is set to begin on Thursday, March 28th, 2019.

On this basis, a cash dividend of gross=net TL 15,15 is to be paid for one nominal stock worth TL 1.00 at a rate of 1,515.00% to our full taxpayer corporate shareholders and limited taxpayer corporate shareholders, which are receiving dividends through a Turkey-based establishment or a permanent representative.

Other shareholders are to be paid a gross rate of 1,515.00%, a cash dividend of gross TL 15.15; and a net rate of 1,287.75%, a

cash dividend of net TL 12.8775 for one nominal stock worth TL 1.00.

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

Supplementary Documents
Appendix: 1
Kar_Dağıtım_Tablosu_2018.pdf
Appendix: 2
Dividend_Distribution_2018.pdf
DIVIDEND DISTRIBUTION TABLE
TÜPRAŞ-TÜRKİYE PETROL RAFİNERİLERİ A.Ş. 01.01.2018/31.12.2018 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
250.419.200
2. Total Legal Reserves (According to Legal Records)
597.085.809,18
Information on privileges in dividend distribution, if any, in the Articles of Association:
-
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
3.675.724.000
3.908.386.463,04
4. Taxes Payable (-)
-37.065.000
207.435.202,42
5. Net Current Period Profit
3.712.789.000
3.700.951.260,62
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
0
0
8. NET DISTRIBUTABLE CURRENT PERIOD PROFIT
3.712.789.000
3.700.951.260,62
Dividend Advance Distributed (-)
0
0
Dividend Advance Less Net Distributable Current Period Profit
0
0
9. Donations Made during the Year ( + )
40.062.607,81
0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
3.752.851.607,81
0
11. First Dividend to Shareholders
0
0
* Cash
3.363.416.736,94
12.520.960
* Stock
0
0
12. Dividend Distributed to Owners of Privileged Shares
0
0
13. Other Dividend Distributed
0
0
* To the Employees
0
0
* To the Members of the Board of Directors,
0
0
* To None Shareholders
0
0
14. Dividend to Owners of Redeemed Shares
0
0
15. Second Dividend to Shareholders
0
3.350.895.776,94
16. Secondary Legal Reserves
335.089.577,69
335.089.577,69
17. Statutory Reserves
0
0
18. Special Reserves
0
0
19. EXTRAORDINARY RESERVES
14.282.685,37
2.444.945,99
20. Other Distributable Resources
430.434.143,06
430.434.143,06
Dividend Rates Table
Share Group
CASH DIVIDEND AMOUNT (TL) - NET
STOCK DIVIDEND AMOUNT (TL)
TOTAL DIVIDEND AMOUNT (TL) / NET DISTRIBUTABLE CURRENT PERIOD PROFIT (%)
DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (TL)
DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (%)
A Grubu
3.515.002.840,69
94,67
12,8775
1.287,75
C Grubu
0,15
0
12,8775
1.287,75
TOTAL
3.515.002.840,84
94,67
12,8775
1.287,75
Dividend Payment Table Explanation

(*) According to the calculation of net dividend distribution, the 51% of shares owned by corporate tax payers and not publicly traded are not subject to withholding tax, whilst the 49% of shares that are publicly traded are subject to a 15% withholding tax on the assumption that the beneficial owners are individual taxpayers.