Türk Telekom Investor Relations

ADSL, 3G and WiFi, All Bundled İnto One Package by TTNET

Turkey’s leading communication and entertainment company TTNET, becomes a pioneer in Turkey to bundle three different products. TTNET offers TTNET ADSL, TTNET Mobile 3G and TTNET WiFi, as well as 3G Modem, for a monthly fee starting from TL 29. With TTNET’s HEPNET package, customers will be able to pay for all their internet needs with a single bill. Turkey’s leading communication and entertainment company TTNET, becomes a pioneer in Turkey to bundle three different services. TTNET offers TTNET ADSL, TTNET Mobile 3G and TTNET WiFi, as well as 3G Modem, for a monthly fee starting from TL 29. With TTNET’s HEPNET package, customers will be able to pay for all their internet needs with a single bill. With a 12-month contract, TTNET HEPNET is TL29 for the first 3 months. Customers can choose between NET4, NET6, NETUNLIMITED ADSL packages, and a 3G package with 4GB or 6GB. All tariffs have unlimited WiFi minutes and a free 3G modem. Mobile services are provided by Avea. With TTNET HEPNET package, customers can get wireless modem for only 2 liras per month, and wired modem for 1 lira per month, with a 24-month contract. Customers who choose 12-month contract can get wireless modem for TL4 per month, and wired modem for TL 2 per month. TTNET Mobile 4 GB 3G HEPNET tariff: FIRST 3 MONTHS NET4 + TTNET Mobile 4 GB 3G HEPNET: TL 29 x 3 months NET6 + TTNET Mobile 4 GB 3G HEPNET: TL 32 x 3 months NETUNLIMITED + TTNET Mobile 4 GB 3G HEPNET: TL 54,90 x 3 months MONTHS 4-12 NET4 + TTNET Mobile 4 GB 3G HEPNET: TL 39 NET6 + TTNET Mobile 4 GB 3G HEPNET: TL 42 NETUNLIMITED + TTNET Mobile 4 GB 3G HEPNET: TL 64,90 TTNET Mobile 6 GB 3G HEPNET tariff: FIRST 3 MONTHS NET4 + TTNET Mobile 6 GB 3G HEPNET: TL 29 x 3 months NET6 + TTNET Mobile 6 GB 3G HEPNET: TL 32 x 3 months NETUNLIMITED + TTNET Mobile 6 GB 3G HEPNET: TL 54,90 x 3 months MONTHS 4-12 NET4 + TTNET Mobile 6 GB 3G HEPNET: TL 44 NET6 + TTNET Mobile 6 GB 3G HEPNET: TL 47 NETUNLIMITED + TTNET Mobile 6 GB 3G HEPNET: TL 69,90

Türk Telekom Group Announces First Quarter 2011 Financial Results

Strong Revenue Growth in Q1 2011

Türk Telekom Group, Turkey's leading communication and convergence technologies Group, announced 2011 first quarter financial results. Türk Telekom Group?s operating profit grew 27% compared to the same period of last year and reached TL 874 million on the back of strong operating performance. Türk Telekom Group?s revenue in Q1 2011 is TL 2.9 billion which represents 12 percent increase compared to that of Q1 2010. The Group's EBITDA* increased to TL 1.3 billion with a margin of 44%.

2011 First Quarter Highlights

Group revenue reached TL 2.9 billion increasing 12% YoY with EBITDA margin of 44% in Q1 2011
Group Net Income for the period is TL 0.6 billion, an increase of 11% YoY
Group’s Capital Investments in Q1 2011 increased by 54% YoY
Our Web TV service ‘Tivibu Web’ reached 1 million subscribers
Our 'Fiber To The Cabinet (FTTN/FTTC)' investment continues; reaching 3 million houses as of Q1 2011

*EBITDA is a non-GAAP financial measure. The EBITDA definition used in this press release includes Revenues, Direct Cost of Revenues excluding depreciation and amortization, Selling and Marketing expenses, Administrative expenses, and other operating income/(expense), but excludes translation gain/(loss), financial income, income on unconsolidated subsidiaries, gain on sale of investments, and minority interest.

Semester Holiday Gift To Children From Türk Telekom: Tales Free To Children Until The End Of The Year

Türk Telekom will offer its popular Tale Service free of charge until the end of the year. Children will be able to listen to more than 100 tales of Türk Telekom Tale Service free of charge until the end of the year as their report card gift.

Winter Universiade Starts Under The Main Sponsorship Of Türk Telekom

One of the most important international organizations in winter sports, 25th Winter Universiade, organized in Erzurum, took start under the main sponsorship of Türk Telekom

İki Saat Bedava Immensely Popular : 266,755 people subscribed

May 3, 2013 dated Regulatory Disclosure – Board Resolution Regarding Ordinary General Assembly Meeting & Draft Amendments of the Articles of Association

Our Company’s Board of Directors decided to hold the Ordinary General Assembly Meeting on May 28, 2013 at 12.00 a.m. in the Ankara Headquarters of our Company. Ordinary General Assembly Agenda is attached. Our Company’s Board of Directors also decided to submit the attached Amendments of Articles of Association to the Capital Markets Board and Ministry for their approval.

April 29, 2013 dated Regulatory Disclosure – Investment Opportunity

The tender regarding the acquisition of 100% stake in Cosmo Bulgaria Mobile EAD and Germanos Telecom Bulgaria AD was won by another bidding company. Please recall that, our Company submitted a binding offer on April 18, 2013.

April 18, 2013 dated Regulatory Disclosure – Investment Opportunity

Our company has submitted a binding offer to acquire a 100% stake in Cosmo Bulgaria Mobile EAD and Germanos Telecom Bulgaria AD in line with our international expansion strategy.

March 13, 2013 dated Regulatory Disclosure - News on Media

Following the news flow in the media regarding the sale of scrap copper by our Company, the requirement for the statement below arose to provide accurate information to the public.

With the aim of improving our customer service and raising the speed and capacity of our broadband offers, our Company regularly has been making network investments. Majority of these investments have been and still are on fiber technology.

With these fiber investments, some of the copper cables in our network become idle. With the aim of optimum resource utilization, our Company sells idle copper cables and proceeds are used to finance our fiber investments. The goal is to invest efficiently in better technology and make it available for our customers. The monetary amounts of the proceeds mentioned in the media are inaccurate.

February 7, 2013 dated Regulatory Disclosure - Guidance for 2013

Our guidance for 2013 is as below:

* Consolidated revenue growth to be 5% to 7% over 2012
* Consolidated EBITDA to be between TL 5.1 billion and TL 5.3 billion
* Consolidated CAPEX to be around TL 2.2 billion

February 6, 2013 dated Regulatory Disclosure - Board Resolution regarding Dividend Distribution

The distributable income after allocating for the legal reserves from Net Income After Tax is calculated as TL 2,413,279,823 and gross cash dividend per each share worth for 1 TL nominally is 68.95 Kurus. Board of directors will submit to the General Assembly's approval, to distribute this dividend in line with the articles of association of the company. Board resolution for dividend recommendation, dividend distribution table and dividend per share table are attached.

December 26, 2012 dated Regulatory Disclosure - Utilization of Long Term Loans

Two loan agreements were signed between our Company and China Development Bank. The details are below:

1. A USD 200 million loan agreement with a maturity of 8 years, a grace period of first 30 months, and interest rate of LIBOR + 285 bps in order to finance procurement of goods and services from Huawei and capital expenditures of our company and its subsidiaries.

2. A USD 400 million loan agreement with a maturity of 8 years, a grace period of 2 years, interest rate of LIBOR + 340 bps within our company's long term financing strategy.

December 21, 2012 dated Regulatory Disclosure - Utilization of Long Term Loan

Our company signed a EUR 130 million loan agreement with the EDC (Export Development Canada). The loan has a maturity of 3 years and an interest rate of EURIBOR + 300 bps. The purpose of the loan is to finance our company's capital expenditures.

December 12, 2012 dated Regulatory Disclosure - Corporate Governance Rating

Turk Telekom successfully received an overall Corporate Governance rating of 8.80 as a result of an independent assessment by SAHA Corporate Governance and Credit Rating Company incorporated by Capital Markets Board of Turkey (CMB). Thus, our Company’s Corporate Governance Rating has increased from 8.37 to 8.80.

Corporate Governance Rating was determined as a result of the examination made under four major topics (ShareHolders, Public Disclosure and Transparency, Stakeholders, Board of Directors) weighted differently within the framework of the CMB’s Corporate Governance principles.

Breakdown of our corporate governance rating under major categories:

Sub Sections	Weight (%)	2009	2010	2011	2012
Shareholders	25	7,69	7,94	8,07	8,07
Public Disclosure and Transparency	35	8,98	9,22	9,31	9,33
Stakeholders	15	8,72	9,15	9,33	9,33
Board of Directors	25	6,56	6,73	6,79	8,47
Total	100	8,01	8,27	8,37	8,80

This rating assigned to Turk Telekom based on the Corporate Governance Principles is a clear sign that our Company is compliant with CMB Corporate Governance Principles to a large extent, has put the necessary policies and precautions into effect and our Company’s efforts for fully complying with the Corporate Governance Principles will continue.

Full assessment report prepared by SAHA Corporate Governance and Credit Rating Company is attached and is also available on our investor relations website www.ttinvestorrelations.com

December 11, 2012 dated Regulatory Disclosure - Structural Change in Organization

Our board of directors has decided that;
1. Sales Department led by VP Ali YILMAZ shall be renamed as Consumer Department, and this department shall be in charge of end-to-end management of all processes relating to residential segment customers;

2. Marketing and Communications Department led by VP Mehmet Ali AKARCA shall be renamed as Corporate Department, and this department shall be in charge of end-to-end management of all processes relating to corporate segment customers;

3. Board Resolution 56 dated 06/12/2011 stipulates that the Pantel Group Companies (our subsidiaries) shall be in charge of international wholesale voice and data sales operations of Türk Telekom Group; and since the resolution date the existing works have been transferred to Pantel step by step. In this regard, the International Sales and Wholesale Department who has been running these operations so far and who has no more any related function shall be abolished;

4. Customer Care Department led by VP Haktan Yaşar KILIÇ shall be renamed as Field Management Department and the Regional Directorates, who currently report directly to the General Manager, shall be repositioned to report directly to the Field Management Department.

December 11, 2012 dated Regulatory Disclosure - Appointment of Committee Membership

Our board of directors has decided that; Mr. Jameel Abdullah A AL MOLHEM shall be appointed as member of Corporate Governance Committee and observer member of Audit Committee.

December 10, 2012 dated Regulatory Disclosure - Resignation of Statutory Audit Board Member

Statutory Audit Board Member, Aydın Gülan has resigned from his position as of December 10, 2012.

December 7, 2012 dated Regulatory Disclosure - Appointment of Board Members

Our board of directors has decided that; Mr. Jameel Abdullah A AL MOLHEM shall be appointed as real person board member, to the board membership position which became vacant due to the resignation of board member and member of Corporate Governance Committee Mr. Ghassan Hasbani, who is elected from among the nominees nominated by Group A Shareholder, for the remaining office term of the Board of Directors in accordance with Article 363 of Turkish Commercial Code and Mr. Maziad Nasser M ALHARBI, shall be appointed as real person board member, to the board membership position which became vacant due to the resignation of board member and observer member of Audit Committee Mr. Ameen Fahad A Alshiddi, who is elected from among the nominees nominated by Group A Shareholder, for the remaining office term of the Board of Directors in accordance with Article 363 of Turkish Commercial Code. The aforesaid appointments shall be submitted to the approval of the General Assembly of our Company at the first upcoming General Assembly Meeting to be held.

November 21, 2012 dated Regulatory Disclosure - Investment Opportunity

Our company has submitted a non-binding offer to acquire a 100% stake in Cosmo Bulgaria Mobile EAD and Germanos Telecom Bulgaria AD in line with our international expansion strategy.

November 2, 2012 dated Regulatory Disclosure - Corporate Governance Rating Agreement

Our company has signed an agreement with SAHA Kurumsal Yönetim ve Kredi Derecelendirme Hizmetleri A.Ş. on 1 November 2012 to renew its corporate governance rating. SAHA Kurumsal Yönetim ve Kredi Derecelendirme Hizmetleri A.Ş. is officially authorized to make corporate governance rating in compliance with Corporate Governance Principals of Capital Markets Board.

November 6, 2012 dated Regulatory Disclosure - Appoinment of TTNET General Manager

Board of Directors of our subsidiary TTNET (retail ISP) appointed Abdullah Kaya as General Manager of TTNET A.Ş. as of 6.11.2012. The position has been vacant since Tahsin Yılmaz left for Turk Telekom.

Kaya received his B.Sc. degree from Bilkent University's Business Administration department and joined Capital Markets Board of Turkey. After working for 6 years at Capital Markets Board of Turkey, he received his MBA degree in Massachusetts Institute of Technology - MIT (USA, 2006). He started working for Merrill Lynch London office in debt instruments and strategical solutions department after graduating from MIT. He joined Turk Telekom Group as the Head of Capital Markets and Investor Relations in April 2008. Most recently he served as CFO of TTNET A.Ş.

October 17, 2012 dated Regulatory Disclosure - Committees of Board of Directors

With the board resolution dated October 17, 2012; Corporate Governance Committee which will perform the duties of Nomination Committee, Early Detection of Risk Committee and Remuneration Committee; and Audit Committee was established according to the Communiqué regarding definition and enforcement of the Corporate Governance Principles and member structure of the committees was determined. The activity field and working principles of Corporate Governance Committee was determined, and attached to this e-mail. It has been decided that the former activity field and working principles of Audit Committee will be revised and submitted to the Board Members’ examination and approval within 30 days. The Member structure of the committees is exhibited as below.

Audit Committee

- Efkan Ala (Chairman), Independent Board Member

- İbrahim Şahin (Member), Independent Board Member

- Süleyman Karaman (Üye), Independent Board Member

- Rami Aslan (Observer Member), Board Member

- Mazen Abou Chakra (Observer Member), Board Member

- Ameen Fahad A Alshiddi (Observer Member), Board Member

Corporate Governance Committee

- Adnan Çelik (Chairman), Chairman

- Mohammed Hariri (Member), Board Member

- Ghassan Hasbani (Member), Board Member

October 15, 2012 dated Regulatory Disclosure - Assignment of Board Member

Ameen Fahad Al-Shiddi shall be elected as the Board member to replace Saad Zafer M Al Kahtani who has resigned recently, and his membership will be submitted to approval of shareholders in the next General Assembly as per Article 363 of Turkish Trade Law.

"Mr. Al-Shiddi is presently the Chief Financial Officer (CFO) of Saudi Telecom Company (STC). He also holds distinguished positions on the board of directors of multiple national companies i.e. VIVA (Kuwait Telecom Company) and VIVA Bahrain. Mr. Al-Shiddi possesses a Bachelor of Administration Science degree in Accounting from King Saud University, Riyadh and a Masters in Accountancy degree from the Southwest Missouri State University, Missouri, USA. He is also a Certified Public Accountant (both from USA & Saudi Arabia), a Certified Management Accountant (USA) and is a member of the Institute of Financial Management (USA)."

October 9, 2012 dated Regulatory Disclosure - Change in Top Management

With our Board decision dated October 9, 2012, below changes and appointments were made in top management:

Mr. Murat Kırkgöz shall be appointed to the position of Türk Telekom CFO which has been vacant for a while.

Mr. Gökhan Kayalıbay shall be appointed as VP of Strategy and Business Development in the place of Mr. Ramazan Demir, who has worked in our Company since 2009. Mr. Ramazan Demir shall continue to serve within Türk Telekom Group.

Mr. Celalettin Dinçer, who has worked in our Company since 1988, has resigned from his position of VP of Sales. Mr. Ali Yılmaz shall be appointed as VP of Sales.

Mr. Erem Demircan, who has worked in our Company as VP of Marketing and Communications since 2006, has resigned from his position. Mr. Mehmet Ali Akarca shall be appointed as VP of Marketing and Communications.

Mr. Mehmet Kömürcü, who has worked in our Company as VP of Legal and Group Company Secretary since 2005, has resigned from his position. Mr. Can Esen, who has worked in our Company being responsible for the operational legal services since 2005, shall be appointed as Operational Legal Services Director.

We would like to thank the members of our management team who have left their positions for their valuable contributions to our Company so far and wish them success in their future careers.

September 17, 2012 dated Regulatory Disclosure - Resignation of Board Member

Türk Telekom Board Member, Saad Zafer M Al Kahtani has resigned from his position as of September 15, 2012.

September 4, 2012 dated Regulatory Disclosure - New CEO Appointment

Turkey's leading communication and convergence technologies company Türk Telekom is pleased to announce top management changes that will streamline the group business and generate sustainable growth for the company.
K. Gökhan Bozkurt, who worked in various positions in Türk Telekom since 2006 and assumed the Türk Telekom CEO position since August 2010, is appointed as Special Advisor to the Chairman of Board as of September 4, 2012.
Tahsin Yılmaz, who led TTNET as CEO since 2008, is appointed as CEO of Türk Telekom effective from September 4, 2012.
Mohammed Hariri, Türk Telekom Chairman, expressed in his statement that;
"I have full confidence that Tahsin Yılmaz will continue the success he has shown in our group company TTNET in his new role as Türk Telekom CEO. A changing and growing Türk Telekom has become a world class telecommunication company with innovative products and services. Türk Telekom with its new management will continue focus on the dynamic and effective operations to lead the value-added propositions to all its customers and stakeholders, while maintaining a strong and sustainable growth.
I want to thank K. Gökhan Bozkurt, who has made valuable contributions to Türk Telekom which witnessed a remarkable growth under his leadership. Mr. Bozkurt will serve as Special Advisor, where he will closely assist me on how to grow the business in Turkey and prescribe new direction and vision for our future strategy."
Türk Telekom's new CEO, Tahsin Yılmaz has assumed the CEO position in TTNET since February 2008. He is a graduate of Kabataş Erkek High School and ODTÜ (METU) in Electrical and Electronics Engineering. Mr. Yılmaz started his professional career in 1989 in PTT, and from 1994 to 2004, he worked in various top executive positions in several GSM operators in Turkey. He joined Nokia in 2004 focusing on mobile and fixed networks in overseas markets. Born in 1968, he is married with 3 children.

July 16, 2012 dated Regulatory Disclosure - Chairman and Vice Chairman of the Board of Directors

With the resolution of our Company's Board of Directors on July 13, 2012, Mr. Mohammed Hariri was assigned as the Chairman of the Board of Directors and Mr. İbrahim Şahin was assigned as the Vice Chairman of the Board of Directors.

June 30, 2012 dated Regulatory Disclosure - Extraordinary General Assembly Meeting Result

The Extraordinary General Assembly Meeting was held on June 30, 2012 at 11:00 a.m. and below agenda items were discussed and resolved.
1. Chairmanship Committee has been elected;
2. Chairmanship Committee has been authorized to sign the minutes of the General Assembly Meeting, and the List of Attendees;
3. Pursuant to the Communiqué Serial: IV, No:56 of the Capital Markets Board on the Definition and the Enforcement of the Corporate Governance Principles amended by the Communiqué Serial: IV No: 57 and other regulations; provided that the required approvals from Capital Markets Board and of Republic of Turkey Ministry of Customs and Trade are obtained; the amendments to Article 3 "Scope and Objectives of the Company", Article 6 "Capital", Article 8 "The Board of Directors", Article 11 "Duties and Authorities of the Board of Directors, Article 13 "General Manager and Assistant General Managers", Article 21 "Invitation to Meeting and the Quorum", Article 31 "Announcements" of the Company's Articles of Association and the addition of Article 9/A "The Independent Board of Directors Members", and Article 32 "Compliance with the CMB Corporate Governance Principles" to the Company's Articles of Association have been approved.
Deputy of Republic of Turkey Ministry of Transport, Maritime Affairs and Communication, Lütfi Aydın gave a proposal on behalf of Undersecretariat of the Treasury that name of the Ministries should be revised in articles of association and the proposal has been approved by majority of votes.
4. The number of the Board of Directors members and their term of office has been determined, the Board of Directors and Independent Board of Directors members have been elected.

5. The gross monthly salaries of the Board of Directors members pursuant to the Remuneration Policy of our Company have been defined.

6. Giving permission to the controlling shareholders, the Board of Directors Members, the senior executives, their spouses and their relatives by blood and marriage up to the second degree to make transactions which may cause conflict of interest for the Company or Company's subsidiaries and to compete in accordance with the Communiqué of the Capital Markets Board Serial: IV, No:56 on the Determination and Execution of the Corporate Governance Principles has been resolved and General assembly has been informed about the transactions of this nature realized within the year; and also giving permission to the Board of Directors Members to carry out works within or out of the scope of the Company's operations on their own behalf or on behalf of others or to be a partner to companies who does such works, and to carry out other transactions, as per Article 334 and 335 of the Turkish Commercial Code has been resolved.

The Meeting of Privileged Shareholder Group A of our Company has convened at the same address of TürkTelekomünikasyon A.Ş. Genel Müdürlük Kültür Merkezi, Turgut Özal Bulvarı 06103 Aydınlıkevler Ankara, at 13:00 on Saturday, 30th of June, 2012 to negotiate and approve the decision of Extraordinary General Assembly with the following agenda.

1. Chairmanship Committee has been elected.
2. Chairmanship Committee has been authorized to sign the minutes of the General Assembly Meeting, and the List of Attendees;
3. Taken decisions at Extraordinary General Assembly Meeting as of 30 June 2012 have been approved.

The Meeting of Privileged Shareholder Group B and D of our Company which are owned by Undersecretariat of the Treasury has convened at the same address of TürkTelekomünikasyon A.Ş. Genel Müdürlük Kültür Merkezi, Turgut Özal Bulvarı 06103 Aydınlıkevler Ankara, at 13:00 on Saturday, 30th of June, 2012 to negotiate and approve the decision of Extraordinary General Assembly with the following agenda.

The Meeting of Privileged Shareholder Group C of our Company which are owned by Undersecretariat of the Treasury has convened at the same address of TürkTelekomünikasyon A.Ş. Genel Müdürlük Kültür Merkezi, Turgut Özal Bulvarı 06103 Aydınlıkevler Ankara, at 13:00 on Saturday, 30th of June, 2012 to negotiate and approve the decision of Extraordinary General Assembly with the following agenda.

June 30, 2012 dated Regulatory Disclosure - Resignation of Statutory Audit Board Member

Statutory Audit Board Member, Efkan Ala has resigned from his position as of June 30, 2012.

June 29, 2012 dated Regulatory Disclosure - Candidates of Independent Board Membership

Pursuant to the provisions of Communiqué Serial: IV No: 56 on the Determination and the Enforcement of the Corporate Governance Principles amended by Serial IV No: 57 and Serial No: 60 promulgated by Capital Markets Board, attached document, which contains information about the candidates of independent board members whose nomination is finalized by the decision of the Capital Markets Board of Turkey and will be discussed and decided at Extraordinary General Assembly Meeting on 30th June 2012, is subject to public disclosure.

June 29, 2012 dated Regulatory Disclosure - Utilization of Long Term Loan

Our company signed a EUR 100 million loan agreement with the EBRD (the European Bank for Reconstruction and Development) on June 29, 2012. The loan has a maturity of 8 years, a grace period of 2 years, and interest rate of EURIBOR + 325 bps. The purpose of the loan is to finance our company's investment expenditures.

June 25, 2012 dated Regulatory Disclosure - Amendments of Articles of Association Proposal

Dear All,
Submission of Amendments of Articles of Association Proposal has been approved by the CMB of Turkey with a written prior consent. Article number of 3,6,8,11,13,21,31 has been amended and Articles of 9/A and 32 has been included in the amendments proposal. The amendments will be submitted to the approval of Extraordinary General Assembly which will be held on June 30, 2012 after getting certification of Articles of Association from Ministry of Customs and Trade. Necessary application has been made to the Ministry of Customs and Trade.

You can find the link below which includes Amendments of Articles of Association which has been approved by the CMB of Turkey

http://www.ttinvestorrelations.com/corporate-governance/general-assembly-meeting.aspx

June 15, 2012 dated Regulatory Disclosure - News on Media

Türk Telekom considers every opportunity to increase shareholder value and better serve its customers. While we often evaluate different commercial possibilities, there is no decision to acquire any company at the moment.

June 14, 2012 dated Regulatory Disclosure - Information about the candidates of Board of Directors

Pursuant to the provisions of Communiqué Serial: IV, No: 56 on the Determination and the Enforcement of the Corporate Governance Principles amended by Serial IV, No: 57 promulgated by Capital Markets Board, attached document is subject to public disclosure, which contains information about candidates for Board of Directors who are not independent board members and whose membership will be discussed and decided at Extraordinary General Assembly Meeting on 30rd June 2012. Information about the candidates of independent board members will be disclosed after the candidate list finalizes.

May 25, 2012 dated Regulatory Disclosure - Ordinary General Assembly Meeting

The Ordinary General Assembly Meeting for the year 2011 was held on May 25, 2012 at 11:00 a.m. and below agenda items were discussed and resolved.

1. Chairmanship Committee has been elected;

2. Chairmanship Committee has been authorized to sign the minutes of the General Assembly Meeting, and the List of Attendees;

3. Board of Directors annual report for the year 2011 has been read;

4. Statutory Board of Auditors annual report for the year 2011 has been read;

5. Summary reports of the Independent Audit Company for the year 2011 have been read;

6. Balance sheet and profit/loss accounts for the year 2011 have been read, discussed and approved;

7. Board of Directors has been released for operations and transactions of our Company during 2011;

8. Statutory Board of Auditors has been released for operations and transactions of our Company during 2011;

9. The proposal of the Board of Directors about distribution of the profit generated in 2011 has been discussed and resolved;

10. Signing an agreement with Güney Bağımsız Denetim ve SMMM A.Ş., the independent audit company with which our Company is currently working, for the purpose of auditing our Company's operations and accounts for the year 2012, as per Article 14 of the Regulation on Independent External Audit in Capital Markets published by the Capital Market Board and Article 17/A of the Articles of Association of our Company, has been resolved;

11. Net salaries of the Board Directors and Statutory Board Auditors have been defined as TL 5,500. An additional bonus payment will be made each year in January and July.

12. Shareholders have been informed about the dividend distribution policy under the Corporate Governance Principles;

13. Written explanations of the Independent Audit Company about the compliance of the financial statements and other reports with the standards, the accuracy and precision of the information, and that the independence of the audit company and its subsidiaries is not affected in any way in relation to the services delivered to our Company or its subsidiaries, under the Corporate Governance Principles; have been read.

14. General Assembly has been informed about donations and aids made during 2011;

15. General Assembly has been informed about transactions made during 2011 with related parties and their valuations as per Article 5 of the Communiqué Serial IV No. 41 of the Capital Market Board;

16. Authorizing the Board of Directors for company acquisitions to be made by our company or its subsidiaries during 2012 up to 300 million Euro which will be separately valid for each acquisition and delegating this authority appropriate people have been discussed and approved;

17. Authorizing the Board of Directors to establish Special Purpose Vehicle(s) when required for acquisitions in 2012; has been discussed and voted;

18. General Assembly has been informed about the guarantees, pledges and mortgages given by our Company in favour of third parties, and about revenues or interests generated, under Decision 28/780 dated 09.09.2009 of the Capital Market Board;

19. Shareholders have been informed about the "Remuneration Policy" determined for the Members of Board of Directors and the Senior Executives in accordance with the Corporate Governance Principles; and their opinion has been asked.

20. Giving permission to the controlling shareholders, the Board of Directors Members, the senior executives, their spouses and their relatives by blood and marriage up to the second degree to make transactions which may cause conflict of interest for the Company or Company's subsidiaries and to compete in accordance with the Communiqué of the Capital Markets Board Serial: IV, No:56 on the Determination and Execution of the Corporate Governance Principles has been resolved and General assembly has been informed about the transactions of this nature realized within the year; and also giving permission to the Board of Directors Members to carry out works within or out of the scope of the Company's operations on their own behalf or on behalf of others or to be a partner to companies who does such works, and to carry out other transactions, as per Article 334 and 335 of the Turkish Commercial Code has been resolved.

May 25, 2012 dated Regulatory Disclosure - Dividend Distribution

Our Board's proposal regarding the dividend distribution has been approved at the General Assembly Meeting held today.Gross dividend amount is TL 1,896,525,384.96 and gross dividend per share is TL 0.541860 and net dividend per share is TL 0.460580. Dividend distribution shall begin on May 29, 2012.

June 7, 2012 dated Regulatory Disclosure- Board Resolution Regarding Extraordinary General Assembly Meeting

Board of Directors of our Company decided to hold Extraordinary General Assembly Meeting on 30 June 2012 at 11.00 a.m. in Ankara Headquarters Cultural Center of our Company in order to discuss the attached agenda.

Board resolution regarding extraordinary general assemble meeting is attached.

June 7, 2012 dated Regulatory Disclosure- Draft Amendments of the Articles of Association

Our Board of Directors have decided on June 7, 2012 that pursuant to the Communiqué Serial: IV, No:56 of the Capital Markets Board on the Definition and the Enforcement of the Corporate Governance Principles amended by the Communiqué Serial: IV No: 57 and other regulations; provided that the required approvals from Capital Markets Board and of Republic of Turkey Ministry of Customs and Trade are obtained; amendments to Article 3 “Scope and Objectives of the Company”, Article 6 “Capital”, Article 8 “The Board of Directors”, Article 11 “Duties and Authorities of the Board of Directors, Article 13 “General Manager and Assistant General Managers”, Article 21 “Invitation to Meeting and the Quorum”, Article 31 “Announcements” of the Company’s Articles of Association and the addition of Article 9/A “The Independent Board of Directors Members”, and Article 32 “Compliance with the CMB Corporate Governance Principles” to the Company’s Articles of Association shall be approved, all filings and transactions regarding the amendments to the articles of association before Capital Markets Board and Republic of Turkey Ministry of Customs and Trade shall be finalized.

Draft amendments of the Articles of Association is attached.

April 30, 2012 dated Regulatory Disclosure- Board Resolution Regarding 2011General Assembly Meeting

Board of Directors of our Company decided to hold 2011 Ordinary General Assembly Meeting on 25 May 2012 at 11.00 a.m. in Ankara Headquarters Cultural Center of our Company in order to discuss the attached agenda.

March 30, 2012 dated Regulatory Disclosure - Licensed Professional

Pursuant to Article 8 of Capital Markets Board Communiqué Serial IV No: 41 Communiqué; in order to fulfill the obligations under the Company's capital market regulations and coordinate the corporate governance applications, Corporate Governance & Compliance Manager Süleyman Kısaç who has Capital Market Activities Advanced Level License (License No.: 205170) and Corporate Governance Rating Specialist License (License No.: 700 729) will take the responsibility due to change of Abdullah Orkun Kaya's duty.

March 30, 2012 dated Regulatory Disclosure - Avea Capital Increase

It was announced on February 29, 2012 that our mobile subsidiary Avea's General Assembly convened on February 28, 2012 and decided to decrease Avea's share capital and increase it back to original amount with a share premium. In this process, Isbank Group Companies, then owning 18.63% of Avea shares, decided not to exercise their preemptive rights and our company exercised their unexercised rights, as well as its own rights. With this decision our share in Avea increased to 89.9965%.

March 20, 2012 dated Regulatory Disclosure - Club Loan Agreement

On March 19, 2012, our company has signed a club loan agreement with 13 banks amounting to Euro 239,4 million and USD 285,2 milion with 3 years of maturity including 2 years of grace period, in order to finance our company's general working capital needs. Interest rate is Euribor + 3% per annum for Euro 239,4 million and Libor +3% per annum for USD 285,2 million.

For the deal, Bank of America Securities Limited, Bank of Tokyo-Mitsubishi UFJ, LTD and BNP Paribas act as Mandater Lead Arranger, Bookrunner and Coordinator; Export Development Canada, JP Morgan Limited , Mizuho Corporate Bank, LTD, Natixis Dubai Branch, HSBC Bank Plc and West LB AG London Branch act as Mandated Lead Arranger; Standard Chartered Bank, Citibank N.A., Nassau Branch, Akbank AG and Raiffeisenlandesbank Niederösterreich-Wien AG act as Lead Arranger.

February 29, 2012 dated Regulatory Disclosure - Avea EGM Disclosure

Our subsidiary Avea held its Extraordinary General Assembly Meeting on 28 February 2012.
It was resolved that Avea's share capital will be strengthened, and within this context Avea's total paid in share capital of TL 7,115,000,000 will be decreased by TL 3,295,000,000 in order to eliminate losses from previous years; then will be increased by the same amount of TL 3,295,000,000, in cash, back to TL 7,115,000,000; additional issue premium of TL 1,080,810,157 will be paid accordingly.
Our company will fully participate in the capital increase. If other shareholders of Avea (Six Isbank Group companies) decide not to participate in the capital increase, their preemptive rights will be used by our company as well. Four of Isbank Group companies representing majority disclosed that they will not participate in the capital increase.Total payment of our company for the capital increase will be finalized based on the decisions of other two companies of Isbank Group (Trakya Yatırım Holding A.Ş. and Efes Holding A.Ş.).
Total amount of the capital increase to be paid by Avea shareholders including the issue premium is TL 4,375,810,157. Avea Board resolved that proceeds from the capital increase will be fully used for repayment of shareholder loans granted by our company (Board Resolution dated 27 February 2012). Therefore, the capital increase in Avea will not result with any net cash outflow from our company.

February 24, 2012 dated Regulatory Disclosure - Utilization of Long Term Loan (Update)

We have disclosed in our Regulatory Disclosure dated 21.02.2012 regarding Utilization of Long Term Loan that our company has signed a loan agreement with China Development Bank including USD 500 million principal amount with 8 years of maturity and 2,5 years of grace period. In this agreement, the interest rate is Libor + 2,85% per annum.

February 21, 2012 dated Regulatory Disclosure - Utilization of Long Term Loan

On February 21, 2012, our company has signed a loan agreement with China Development Bank (CDB) which includes USD 500 million principal amount with 8 years of maturity, 2,5 years of grace period and semi-annual payment of interest in order to finance our company's and affiliates' procurements within the context of our investment program. Payments of interest will be done semi annually after the utilization of the loan. Payment of principal amount will be done in installments semi annually after the grace period.

February 15, 2012 dated Regulatory Disclosure - Guidance

Please find our guidance for 2012 below:

We expect;

* The consolidated revenue growth to be 6% to 8%.
* EBITDA margin to be at low 40%s
* Consolidated CAPEX to be around TL2.4bn

February 15, 2012 dated Regulatory Disclosure - 2011 Year End Board Recommendation Regarding the Dividend Distribution

The distributable income after allocating for the legal reserves has reached up to TL 1.896.525.385, and therefore the board of directors have recommended to the general assembly scheduled on May 25, 2012, to distribute this dividend in line with the articles of association of the company. Board resolution for dividend recommendation, dividend distribution table and dividend per share table are attached.

January 31, 2012 dated Regulatory Disclosure - Statement from Saudi Oger Ltd.

Please find the statement sent by our indirect majority shareholder Saudi Oger Ltd. below:

"Saudi Oger refers to a number of recent press articles concerning its shareholding in Oger Telecom Ltd. and makes the following statement. Saudi Oger remains highly committed to its investment in Oger Telecom Ltd. and all its operating subsidiaries. No offers for the sale of its stake in Oger Telecom Ltd. are being considered by Saudi Oger at this time."

January 19, 2012 dated Regulatory Disclosure - Unaudited Q4 11 Financials of STC (Our Indirect Shareholder) Announced

Our indirect shareholder Saudi Telecom Company (STC) announced its Q4 2011 unaudited financial results on the Saudi Stock Exchange's website. (http://www.tadawul.com.sa) Türk Telekom financial data are included in the STC financial results as part of the consolidation.
However, the financial data Turk Telekom provided to STC for the preparation of their consolidated financial tables are not prepared within the frame of the Capital Markets Board of Turkey regulations and are not audited. On the other hand, the data Turk Telekom provided to STC is only included in consolidated financial accounts and it is not possible to be analyzed separately apart from these accounts.
Our 2011 Year-end financial tables which will be prepared and audited in line with Capital Markets Board of Turkey regulations are planned to be announced on February 7, 2012 at Public Disclosure Platform of Turkey.

January 11, 2012 dated Regulatory Disclosure - News on Media

There was news in a few media outlets that Turk Telekom will sign up for a syndicated loan. We have regular discussions with financial institutions to fund our general working capital needs, however, no mandate has been given for any amount to any financial institution.

December 28, 2011 dated Regulatory Disclosure – Corporate Governance Rating

“Turk Telekom successfully received an overall Corporate Governance rating of 8.37 as a result of an independent assessment by SAHA Corporate Governance and Credit Rating Company incorporated by Capital Markets Board of Turkey (CMB). Thus, our Company’s Corporate Governance Rating has increased from 8.27 to 8.37.

Breakdown of our corporate governance rating under major categories:

Sub Sections	Weight (%)	2009	2010	2011
Shareholders	25	7,69	7,94	8,07
Public Disclosure and Transparency	35	8,98	9,22	9,31
Stakeholders	15	8,72	9,15	9,33
Board of Directors	25	6,56	6,73	6,79
Total	100	8,01	8,27	8,37

Full assessment report prepared by SAHA Corporate Governance and Credit Rating Company is attached and is also available on our investor relations website www.ttinvestorrelations.com

December 17, 2008 dated Regulatory Disclosure – Cosmofon Tender

Our company has made a pre-offer for Cosmofon tender which we have been interested in as we've disclosed on 1 December, 2008. Cosmofon which is owned by Greece fixed line operator OTE, renders telecommunication services in Macedonia. The latest develeopments will be disclosed in time.

December 01, 2008 dated Regulatory Disclosure – Cosmofon Tender

Our company has decided to create a study group and assign JP Morgan as financial counsultant in order to evaluate participating the Cosmofon tender. Cosmofon which is owned by Greece fixed line operator OTE, renders telecommunication services in Macedonia. The latest develeopments will be disclosed in time.

November 28, 2008 dated Regulatory Disclosure – Avea’s 3G Tender

Our subsidiary, Avea İletişim Hizmetleri A.Ş has won the tender of IMT/2000/UMTS service and infrastructure authorization by taking C licence (30 MHZ). By this authorization, Avea may serve its 3G
Communication services to its customers. The licence fee of this tender is 214 million Euro + VAT.

November 25, 2008 dated Regulatory Disclosure – Competition Authority Resolution

The Competition Authority Resolutions regarding practices of Turk Telekom and TTNet A.Ş in the market of broadband internet access are listed as below:

1. Turk Telekomunikasyon A.Ş and TTnet A.Ş dominate the broadband access market and retail broadband access market.
2. Turk Telekomunikasyon A.Ş and TTnet A.Ş violates the act on the protection of competition (the Act No: 4054) by using its domination in broadband internet acess market with making price squeeze.
3. Since Turk Telekomunikasyon A.Ş and TTnet has violated the Act No:4054, TTnet and our company were severally liable for the administrative fine which is 12.394.781,16 NTL, was calculated by taking into account the 2007 fiscal year net sales. We were legally warned about avoiding practices of price squeeze

There will be an official notice about these resolutions. We will take all legal steps necessary to protect competition in telecommunication sector. We want to emphasize that Turk Telekom is always supportive to maintain a fair competition. An increased competition in telecommunications makes the market grow and Turk Telekom will be the one which will benefit from this environment.

November 20, 2008 dated Regulatory Disclosure – Amending Regulation about Authorization of Telecommunications Services and Infrastructure Regulation by Information and Communication Technologies Authority

Amending Regulation about Authorization of Telecommunications Services and Infrastructure Regulation by Information and Communication Technologies Authority is published on official gazette and become effective in 20 November, 2008.
After administration of licenses for long distance and international long distance operations, the local telephone operations will be open to competition and enable increasing the variety of services. Our anticipation for this area is a growing industry that is supported by incoming investments. Also, there will be a positive contribution to make voice and data market grow by the means of increased competition.
Türk Telekom shares its infrastructure with other organizations and give access facility to existing licensed operators in order to retain competition. Turk Telekom will provide opportunity to attract investment in order to contribute this area's development.

November 14, 2008 dated Regulatory Disclosure – Change in Board of Directors and Statutory Audit Board

The Extraordinary General Assembly Meeting was held on November 14, 2011 and below agenda items were discussed and resolved at the address of Türk Telekomünikasyon A.Ş. Head Quarters, Turgut Özal Bulvarı Aydınlıkevler Ankara.

• Zafer M Al Kahtani and Samir Asaad O Matbouli, who were appointed by the Board of Directors resolutions numbered 44 and 45 dated July 30, 2008 to the vacated seats on the Board of Directors, effective from the date of their election and to serve until the expiration of the terms of office of the members they are succeeding.

• It was decided to appoint Mohammed Hariri, Boulos H.B Doany, Basile Yared, Saad Zafer M Al Kahtani, Samir Asaad O Matbouli, and Abdullah Tivnikli to represent Class A shareholder for a three-year term of office, İbrahim Şahin, İsmet Yılmaz, and Ali Arıduru to represent Class B shareholder for a three-year term of office, and Mehmet Habib Soluk to represent the Class C golden share for a three-year term of office to the seats on the Board of Directors.

• It was also resolved to sustain the personnel rights of the elected Board of Directors members as before; and to designate Boulos H.B Doany elected to represent the Class A shareholder as the Executive Director. Two members of Board of Statutory Auditors shall be elected by the General Assembly from among the nominees nominated by the holder of the Undersecretaries of Treasury after a consensus has been made between Ojer Telekomünikasyon and Treasury on condition that there will be no restriction for the rights of Ojer Telekomünikasyon A.S that are stipulated in Articles of Association and Shareholder Agreement of Ojer Telekomünikasyon A.S.

• With respect to the election of the members of the Audit Board, it was decided to appoint Efkan Ala to represent the Class C golden share to serve a term of office of three years, and to appoint Ass

• Prof. Tuna Tuğcu and Prof. Aydın Gülan nominated on behalf of the T.R. Prime Ministry Undersecretariat of Treasury as per the Deed of Consent issued by the Class A shareholder Ojer Telekomünikasyon A.Ş. to the Undersecretariat of Treasury to the other two seats on this Board; it has been decided to sustain the personnel rights of the elected Statutory Auditors as before. In addition, it has been declared that the Executive Committee has been abolished by the Board of Directors resolution no. 54 dated November 13, 2008.

Minutes of General Assembly is attached.

November 11, 2008 dated Regulatory Disclosure – Competition Authority Investigation Report

Within the framework of Competition Authority Investigation which is to protect competition in the broadband internet access market, Turk Telekomünikasyon A.Ş and TTnet A.Ş has made verbal self defense seperately today. The decision will be announced within fifteen days and the public will be informed immediately.

November 11, 2008 dated Regulatory Disclosure – Avea’s disclosure about its 3G investments

There were some media coverage about the amount of Avea's 3G investment. In order to make the situation clear, a regulatory disclosure is required. 3G tender will be held on 28 November, 2008 and opening bid prices of four licences are determined as 178 million Euro and 285 million Euro. It is not obvious if license fees are higher than the opening bid prices or which licence Avea will buy at the end of the tender. We are studying on detailed plan for the orher investment expenditures beside licence amount of 3G. The investment amount on the news being indicated in the tender specifications is calculated at current prices(by determining the opening bid prices) after assessing coverage obligations. We will make a clear statement about our 3G investment program after the tender closed.

November 10, 2008 dated Regulatory Disclosure – Regarding News on Media

Groundless allegations destroying our company's corporate image, has appeared in public media again. There were political rumours about Turk Telekom after the privatization. We have the responsibility for our stakeholders to tell the truth behind all these allegations and listed our answers again as below.

1. Corporate tax reduction was in question in public media before the privatization tender closed in July, 2005. All companies which operate in Turkey had benefited from tax deduction. Thus, it is not true that Oger Telecom is the only beneficiary from the tax deduction.
2. The group structure of Turk Telekom was indicated in the registration form of initial public offering. Trades in ISE which are subjected to the disclosure, are indicated separately, too. Ojer Telekomunikasyon A.Ş holds 55,8% of the shares and approximately 31,7% of the shares are hold by Treasury. Remaining percentage of the shares (12,5%) are open to public. Oger Telecom owns all shares of Ojer Telekomunikasyon A.Ş. Shares of Oger Telecom are registered to Dubai International Financial Centre and it is possible to see its group structure in DICF's web site.
3. Managing and statutory auditing bodies are elected and assigned by General Assembly as stipulated in Articles of Association. All trading and tender procedures are carried out within the transparency codes. No authorized bodies can involve in these procedures.
4. The Board of Statutory Auditors shall consist of three members. Two members of Board of Statutory Auditors shall be elected by the General Assembly from among the nominees nominated by the holder of the Ojer Telekomunikasyon A.Ş. One member shall be elected by the General Assembly from among the nominees nominated by the Treasury. Oger Telecom accepted that Treasury could have its right of designating two members of Board of Statutory Auditors for a length of time after making a consensus between shareholders. Efkan Ala who is the representative of Treasury, do his duty as a member of Statutory Auditors' Board, however he seems to be assigned by Ojer Telekomünikasyon A.Ş according to Articles of Association.
5. According to our human resources policy, vehicles can only be allocated to the top management and Statutory Audit Board. Before privatization, vehicles were allocated from the pool which had been made for the representatives of shareholders who have the authority to assign members to Turk Telekom's Board of Directors and Statutory Audit Board. Since most of the Board of Director members work abroad, the number of the vehicles becomes less. Ministry of transportation has vote managing, representing and auditing rights based upon the Treasury's shareholding position as stipulated in articles of association and additional 30th Article of Act of Telephone and Telegraph. Usage of the vehicles by representatives of Ministry of Transportation is defined by Ministry of Transportation.

October 16, 2008 dated Regulatory Disclosure – Board Resolution regarding Extraordinary General Assembly Meeting

Board of Directors of Our Company decided to hold Extraordinary General Assembly Meeting on 14 November 2008 at 10.30 in Ankara Headquarters Cultural Center of our Company in order to discuss the following agenda:

1. Opening and Election of the Chairmanship Committee;
2. Authorizing the Chairmanship Committee to sign the minutes of the Extraordinary General Assembly Meeting, and the List of Attendees;
3. Approval of new Board members who are elected temporarily in order to replace the old members by the Board resolution in 30 July,2008 as per Article 315 of Turkish Trade Law, will fill the remaining incumbency of old members
4. Election of Board of Directors and Statutory Audit Board, confirming executive directors
5. Comments & Closing

September 23, 2008 dated Regulatory Disclosure – Acquisition between Avea and Altyapı Gayrimenkul Yatırım A.Ş

Acquisition of Avea İletişim Hizmetleri A.Ş and Altyapı Gayrimenkul Yatırım A.Ş will be made according the Article 451 of Turkish Trade Law. Acquisition will be submitted to the approval of shareholders in the next Extraordinary General Assembly in 14 October, 2008.
Altyapı Gayrimenkul Yatırım A.Ş (old trade name was Redevco 2 Emlak Geliştirme İnşaat Yatırım ve Ticaret A.Ş.) is purchased by Avea İletişim Hizmetleri A.Ş after the board resolution in 28 November, 2007. Altyapı Gayrimenkul Yatırım A.Ş. being a real estate investment company with total amount of net assets 31,7 million NTL, has a real estate in İstanbul, Ümraniye, Inkilap quarter, 43 section, 1843 square and 1 parcel. The purpose of the acquisition is to remove the burden of operations arising from being in one corporate's property other than Avea.

September 16, 2008 dated Regulatory Disclosure –News on Media about Turk Telekom, Health and Social Welfare Foundation.

According to Press News (Hurriyet ), There was an indictment by the chief public prosecutor's office that Telecom and Health Benefit Fund, accumulated over 130 million NTL as of today around the use of public resources, was illegally converted to the foundation by transferring it to the private company
This indictment was made for two members of Telecom and Health Benefit Fund's Board. Material risk is not a subject for Turk Telekom as a result of investigation.

• The Fund is not confiscated by Turk Telekom or Oger Telecom inconsistently wtih articles of foundation and the usage of the fund not is not under the initiative of Turk Telekom. Contrarily; regular contributions to the fund is made by Turk Telekom as if it was being made before privatization.

• The accumulated fund is taken over by the Foundation which has been established as separetly from its founders's wealth. İt is clearly stipulated in the articles of foundation that employees of Turk Telekom and transfers from public body will benefit from the Fund.

• Resolution about the allocation of the fund for foundation, and establishment process is promulgated by the date of 14 February, 2008. The claims about the Fund that has been unduly used are unrealistic.

September 3, 2008 dated Regulatory Disclosure – News On Media about Krygyz Telecom Tender

Turk Telekom has tendered for Kyrgyz Telecom's block sale, has done all requirements on time by making application for two phase assessment process, and paying tenderer fee. There was news in a few media outlets that three of the tenderer companies including Turk Telekom would not be considered for the second process of tender. Since there is no an official notice from Kyrgyz State Property Committee that Turk Telekom is out of the short tenderer list for the second process, we cannot make any comment on this topic. We will disclose immediately if any official notice is taken.

August 27, 2008 dated Regulatory Disclosure – Krygyz Telecom Tender

Türk Telekomünikasyon A.Ş. has tendered for Kyrgyz Telecom's block sale in 27 August, 2008. Kyrgyz Telecom is the provider of fixed line service and has got the licence of GSM Mobile by means of its subsidiary KT Mobile LLC.
If there will be any development about tender, they will be made public.

August 18, 2008 dated Regulatory Disclosure – Tariff Amendments

Turk Telekom has amended tariff packages for call charges by increasing local and long distance call charges to all directions per minute with 5%. New tariff packages will be valid from the date of 19 August, 2008.

August 6, 2008 dated Regulatory Disclosure – Galatasaray And Turk Telekom Sponsorship Agreement

Turk Telekom has just made a sponsorship agreement with Galatarasay Sportif A.Ş and Galatasaray Spor ve Futbol İşletmeleri Ticaret A.Ş. and will be the main sponsor of Galatasaray for five seasons from the beginning of 2009/10 season. Besides, Turk Telekom has the royalty of new stadium under construction for 10 years. The name of stadium will be called as Turk Telekom.There will be no disclosure for the financial clauses prescribed by non disclosure clauses of the contracts.

July 2, 2008 dated Regulatory Disclosure –News on Media about Turk Telekom, Health and Social Welfare Foundation.

According to Press News (Cumhuriyet Gazette), Telecom and Health Benefit Fund, accumulated 122,5 million NTL as of today around the use of public resources, was confiscated by the Oger Telecom, was illegally converted to the foundation and Turk Telekom was simulated as the donator of the foundation. These imputative news are unduly and illegally published and do not reflect the truth.

• The Fund is not confiscated by Turk Telekom or Oger Telecom inconsistently withh articles of foundation and the usage of the fund is not under the initiative of Turk Telekom. Contrarily; regular contributions to the fund is made by Turk Telekom as if it was being made before privatization.

We have sent our request of disclaimer to the newspaper size.

June 30, 2008 dated Regulatory Disclosure – Change In Board

Since our board members Ayman Al Hariri and Ghassan Taher Fadlallah have resigned from their positions, Saad Zefer M Al Kahtani is assigned to replace Ayman Al Hariri and Samir Asaad O Matbouli is assigned to replace Ghassan Taher Fadlallah as Board of Directors members. Their membership will be submitted to the approval of shareholders in the next General Assembly as per Article 315 of Turkish Trade Law.

June 20, 2008 dated Regulatory Disclosure – Avea’s Participation In Gsm 900 Tender

After reorganizing GSM frequency band, Telecommunication Authority has initiated tender for GSM 900 additional frequency band in order to allocate available frequencies to existing frequency channells which are not in use by any other operators. Avea has won the tender by offering YTL 128.000 bidding price for the C frequency band including 120, 124 frequency channels . Avea has won an additional half channel beside its existing half channel (100 MHz). On the other hand, the tender has not closed yet, the resolution of Tender Commission is subject to approval of Telecommunication Authority.

June 17, 2008 dated Regulatory Disclosure – Audit Committee & Memberships

In the 25th Article of Communiqué amending the Communiqué Serial: X, No: 22 regarding Auditing Principles in Capital Markets for Adopting the Auditing Directive, the passage under the title of " Committee responsible for Auditing" is Companies which have Stock Exchange Securities, have to establish a committee which is responsible for Auditing, composed of at least two members selected among their own members.

The Audit Committee comprises of at least two members appointed by the Board elected from among the Directors. If the Committee has two members, then both members shall be non-executive Directors. If the Committee has more than two Members, then the majority of the Members must be non-executive Directors. The Audit Committee has been established as a subcommitte of the Board of Directors after the Board resolution (number 15) dated 16 June, 2008 and Mohammed Hariri is appointed by the Board as chairman and İbrahim Şahin is appointed as a member of this committee.

The Committee will review and monitor internal control, risk management and effectiveness of internal control systems and information provided by accounting and financial reporting by assisting the Board. Appointment of the external audit firm, preparation of audit agreements and initiation of audit process and all activities of the external audit firm should be made under the surveillance of the audit committee.

June 17, 2008 dated Regulatory Disclosure – Kyrgyz Telecom Tender

Government of Kyrgyzstan Republic invited strategic local and foreign investors to participate in tender of national telecommunication operator Kyrgyz Telecom's block sale. Kyrgyz telecom is the provider of fixed line service and has got the licence of GSM Mobile by means of its subsidiary KT Mobile LLC. Government of Kyrgyzstan Republic owns 77,84 percent of the Kyrgyz Telecom's shares. Our Board of Directors has taken a resolution about considering to participate the tender. A common working group has been formed by Turk Telekomunikasyon A.S and Oger Telecom Ltd. in order to submit a bid in accordance with the procedures. If there will be any development about tender, they will be made public.

June 16, 2008 dated Regulatory Disclosure – Tariff Amendments

Amendments on fixed fee of tariff packages which has been made after getting approval from Information And Communication Technologies Authority that will be in use by 17 June, 2008.

The tariff packages which are KonuşkanHATT, StandartHATT, HesaplıHATT and YazlıkHATT has been amended only for the fixed fees. The arrangement on YazlıkHATT is 1,53% and for the other packages, the arrangement is 4,85%

June 16, 2008 dated Regulatory Disclosure - Transactions Made In Order To Ensure Price Stability

Garanti Yatırım Menkul Kıymetler A.Ş has sent a transaction report including TTKOM transactions ensuring price stability in June 16, 2008

In accordance with the article of 21/A, 5th and 6th “CMB Communiqué About Communiqué On Principles Regarding Registration With The Capital Markets Board And Sale Of Shares Serial VIII, No: 39”, transactions were made between May 15, 2008 – June 13, 2008 on the purpose of assuring price stability after initial public offering of Turk Telekomunikasyon A.S. The table which shows the details of transations is exhibited below.

The transactions ensuring price stability are:

1. Trade name of Intermediary Firm: Garanti Yatırım Menkul Kıymetler A.Ş.

2. Disclosure of transactions made or not in order to ensure price stability

3. The first date of assuring price stability is May 15, 2008

4. Termination date of transactions acquiring price stability

5. The last date of transactions made in order to ensure price stability

6. Information about purchased shares within the scope of transactions in order to ensure price stability:

Date	Transaction	Average Price (NTL)	Quantity	Sum (NTL)
May 15,2008	Purchase	4,60	16.100.648	74.062.982
May 16,2008	Purchase	4,57	6.348.529	29.029.292
May 20,2008	Purchase	4,55	30.857.486	140.330.136
May 21,2008	Purchase	4,37	1.724.724	7.528.785
May 22,2008	Purchase	4,32	500.000	2.160.000
May 28,2008	Purchase	4,40	100.000	440.000
June 13,2008	Purchase	4,39	2.365.000	10.376.400

Total			57.996.387	263.927.595

7. Despite no disclosure has been made about ending up the transactions ensuring price stability, in case of they are actually extinguished before completing projected transaction time or none of them has been made, the justification of this condition is None

May 20, 2008 dated Regulatory Disclosure - Dividend Distribution Of Fiscal Year 2007

The Company's 2007 financial year distributable gross profit is TRY 2.743.604.969, 86 within the fiscal dividend distribution. In this context 0,784 Kurus gross cash dividend per each share worth for 1 Kurus nominally is subject to distribution and gross profit distribution rate is 78,4%

Shareholders that are not full liability tax payers and have 45% of the shares within the fiscal year 2007, are subjected to the witholding tax 15%. The Company's 2007 financial year net distributable profit is TRY 1.049.428.901. For the shareholders in this position, this amount corresponds to 0,666 Kurus net cash dividend per each share worth for 1 Kurus nominally and the dividend pay out ratio is 66,6%. Fifty percent of total net cash dividend for the shareholders in this position is paid out in April 2008 and the remaining amount will be paid within the year of 2008
Full liability tax payers who have total %55 shares in the fiscal year 2007, are not subject to the witholding tax. For the shareholders in this position, total gross cash dividend amount to be distributed is TRY 1.508.982.733 for gross profit distribution in the fiscal year 2007. Fifty percent of total gross cash dividend for the shareholders in this position is paid out in April 2008 and the remaining amount will be paid within the year of 2008.
Besides, new owners of 52.500.000.000 shares of Türk Telekomünikasyon A.Ş which are registered with the number of 13/526 by Capital Markets Board in 2nd of May 2008 and started to be dealt in ISE in 15th May, 2008, are not be able to benefit from dividend distribution of fiscal year 2007 regarding sale of dividends as declared in the registration form.

May 16, 2008 dated Regulatory Disclosure - Financial Statements Of Fiscal Year 2007

Financial statements of fiscal year 2007 are consolidated according to the IFRS in accordance with CMB Communiqué Serial XI, No: 25

May 13, 2008 dated Regulatory Disclosure - Competition Authority Investigation Report

The Competition Authority has decided to carry out an investigation in 7 May, 2008 if Turk Telekom and TTnet violate the act on the protection of competition (the Act No: 4054) which is to provide protection of competition in the broadband internet access market. The investigation process is stipulated in our registration form which is prepared for initial public offering of company stocks.

The investigation report was conveyed to our company in 9 May, 2008. It is being assessed by our company and it will be declared if any regulation is implemented by Competition Authority

November 14, 2011 dated Regulatory Disclosure – Result of Extraordinary General Assembly Meeting

In our Extraordinary General Assembly Meeting which was held on November 14, 2011 at 15.00 p.m;
1. Chairmanship Committee has been elected;
2. Chairmanship Committee has been authorized to sign the minutes of the General Assembly Meeting, and the List of Attendees;
3. Temporary appointments made by the Board of Directors to the Board of Directors for the positions became vacant because of resignations have been submitted to the approval of the General Assembly as per Article 10 of the Articles of Association of our Company and Article 315 of the Turkish Trade Law and under the same conditions in order to be valid as of the appointment date; and the membership of the elected members was approved as of the appointment date for the remaining office of the Board of Directors;
4. Members of Board of Directors has been elected, the salaries of the members of the Board of Directors has been defined;
5. Members of Board of Statutory Auditors has been elected, the salaries of the Statutory Auditors has been defined;
6. Information has been given to the General Assembly regarding the disclosure policy revised by the Board of Directors;

November 5, 2011 dated Regulatory Disclosure – Candidates for Board Membership

Pursuant to the provisions of Communiqué Serial:IV, No:54 on the Determination and the Enforcement of the Corporate Governance Principles promulgated by Capital Markets Board, attached document subject to public disclosure contains information about candidates for Board of Directors whose membership will be discussed and decided at General Assembly Meeting on 14th November 2011.
Respectfully submitted to the public attention.

October 12, 2011 dated Regulatory Disclosure - Extraordinary General Assembly Meeting

It has been resolved that our Company's Extraordinary General Assembly Meeting shall be held in Türk Telekomünikasyon A.Ş. HQ The Culture Centre, Turgut Özal Bulvarı 06103 Aydınlıkevler, Ankara on 14 November 2011 at 3.00 p.m. in order to discuss the following agenda items.

AGENDA

1. Opening and Election of the Chairmanship Committee;
2. Authorizing the Chairmanship Committee to sign the minutes of the Extraordinary General Assembly Meeting, and the List of Attendees;
3. Temporary appointments made by the Board of Directors to the Board of Directors for the positions became vacant because of resignations shall be submitted to the approval of the General Assembly as per Article 10 of the Articles of Association of our Company and Article 315 of the Turkish Trade Law and under the same conditions in order to be valid as of the appointment date; and the membership of the elected members shall be approved as of the appointment date for the remaining office of the Board of Directors;
4. Election of members to the Board of Directors, defining the salaries of the members of the Board of Directors;
5. Election of members to the Board of Statutory Auditors, defining the salaries of the Statutory Auditors;
6. Giving information to the General Assembly regarding the disclosure policy revised by the Board of Directors;
7. Comments and closing.

October 07, 2011 dated Regulatory Disclosure - ICTA's resolution regarding Fiber Internet Access

Information and Communication Technologies Authority (ICTA) resolved (2011/DK-10/504, 27.09.2011) that services for fiber access (fiber to the home (FTTH)/ fiber to the premises (FTTP)) will be excluded from the process of market analysis for five years or exclusion will last until fiber internet subscribers reach 25% of fixed broadband subscribers in accordance with Ministry of Transport and Communications' relevant submission. According to ICTA, the resolution has been made in order to encourage the adoption of internet access services and development of infrastructure-oriented competition. Pursuant to the resolution, sharing the fiber-optic infrastructure with other operators by companies which already invested in or will invest in fiber, is envisaged to be left to the market's own dynamics until a certain time period.

September 08, 2011 dated Regulatory Disclosure - Guidance

On the back of strong revenue growth in H1, we believe consolidated revenue growth in 2011 will be 9 to 10%. Our EBITDA margin guidance remains as low to mid 40%s. Due to accelerated growth and acceleration of infrastructure investment CAPEX will be around TL2.2bn.

July 28, 2011 dated Regulatory Disclosure - Postponement of Avea Extraordinary General Assembly Meeting

Considering the proposals of shareholders of Avea İletişim Hizmetleri A.Ş. (Avea), Board of Directors of Avea unanimously decided to postpone the Extraordinary General Assembly Meeting with the resolution No. 392 dated 27.07.2011 which was previously decided to be held on July 29, 2011. The new agenda and date of the Extraordinary General Assembly Meeting of Avea will be decided within sixty days.

July 22, 2011 dated Regulatory Disclosure - Change in Board of Directors

Our Board of Directors has resolved in 22 July, 2011 that Mehmet Habib Soluk is assigned to vacant Board of Directors membership on behalf of Turkish Treasury which owns golden share (Class C share) according to Article 10 of Articles of Association. His membership will be submitted to the approval of shareholders in the next General Assembly as per Article 315 of Turkish Trade Law.

July 18, 2011 dated Regulatory Disclosure - Press Release for 2011 H1 Financial and Operational Results

Attached is the press release for Türk Telekomünikasyon A.Ş. 2011 first half financial and operational results. A more detailed investor presentation will be available on our website (www.ttinvestorrelations.com) in July 19, 2011.

July 14, 2011 dated Regulatory Disclosure - Update on Tax Assessment about the Tax Examination dated 2010 at the extent of the Law numbered 6111

As we announced in 14 September 2010, we had a tax examination by Ministry of Finance for the fiscal years of 2005, 2006, 2007 and 2008. We applied to Tax Office in order to take advantage of the 3rd article of the law numbered 6111.
The results which are obtained after the examination at the extent of the law numbered 6111 are listed as below:
1. After applying to Tax Office in order to take advantage of the law numbered 6111, tax penalty which is imposed since the VAT that had to be calculated and declared in the capacity of limited liability tax payer was under declared, is paid to the Tax Office by the tax amount of TL 23,777 thousand with TL 7,327 thousand interest amount. TL 23,777 can be considered as deductible VAT in VAT 1 Declaration Form
2. After applying to Tax Office in order to take advantage of the law numbered 6111, tax penalty which is imposed since VAT deductions were made more than the required amount in 2006, 2007 and 2008, is paid to the Tax Office by the tax amount of TL 12,200 thousand with TL 2,536 thousand interest amount.
3. In 2005 and 2006, in some periods, tax overpayment and in some other periods tax underpayment was calculated over dividend payments to undersecretaries of treasury. For tax overpayments, tax refund was proposed by Tax Office. Otherwise tax penalty was proposed to be imposed for tax underpayment. We have applied to Tax Office in order to take advantage of the law numbered 6111 and demanded net tax refund by offsetting the amount of tax penalty. If there will be any developments regarding this issue, they will be made public immediately.

July 14, 2011 dated Regulatory Disclosure - Avea Extraordinary General Assembly Meeting

Turk Telekom's subsidiary, Avea's Board has decided to hold an Extraordinary General Assembly Meeting on Friday, 29th of July, 2011 to discuss the below mentioned agenda:
1. Reduction of share capital by taking into account the previous year losses and increasing it back by the reduction amount.
2. The required amount of capital for the increase shall be paid in cash or by conversion of shareholder loans
3. Board's proposal regarding the amendment of Article 6 of Articles of Association, which is titled "Capital", shall be discussed and resolved.

June 23, 2011 dated Regulatory Disclosure - Change in Board and Audit Committee

Our Board of Directors and Audit Committee member, Dr. Paul (Boulos H.B) Doany, has resigned from his position at the date of 23.06.2011. Rami M. Aslan shall be elected as the Board member and Audit Committee member to replace Dr. Paul (Boulos H.B) Doany, and his membership will be submitted to approval of shareholders in the next General Assembly as per Article 315 of Turkish Trade Law.

Rami Aslan
Mr. Aslan holds a Bachelor of Commerce degree in Finance and Management Information Systems and an MBA degree from McGill University, Canada.

Mr. Aslan is currently a member on the board of directors of Oger Telecom in Dubai, Cell-C and 3C in South Africa, MedGulf in Jordan. Also, Mr. Aslan currently serves as Oger Telecom Group's Senior Advisor, and has been with Oger Telecom Group since 2005.

Mr Aslan also lead or co-lead the relationships between Oger Telecom and its subsidiaries' group partners; make major contributions to new financing activities of Oger Telecom's subsidiaries and key banking relationships for the group in coordination with the respective CFOs and corporate finance teams.

June 23, 2011 dated Regulatory Disclosure - Bank Guarantee Contract for Loan Agreement

On May 12, 2010, our company had signed a loan agreement with European Investment Bank which includes 150 million Euro principal amount with two years of grace period and eight years of maturity in order to finance investments of rural transformation project. The bank guarantee contract, which is the term of use of the abovementioned financing, was signed between four bank guarantors (Societe Generale, ING Bank, Bank of Tokyo Mitsubishi and Sumitomo Mitsui Banking Corporation) and our company today.

June 20, 2011 dated Regulatory Disclosure - Regarding News On Media

Today there was news in a few media outlets that Türk Telekom will sell its stake in Avea. We have no intention or plan to sell our stake in Avea. The news have no grounds and do not reflect the truth.

May 24, 2011 dated Türk Telekomünikasyon A.Ş. Regulatory Disclosure - Ordinary General Assembly Meeting

The Ordinary General Assembly Meeting for the year 2010 was held on May 24, 2011 at 11:00 a.m. and below agenda items were discussed and resolved at the address of Türk Telekomünikasyon A.Ş. Head Quarters, Turgut Özal Bulvarı Aydınlıkevler Ankara.

1. Chairmanship Committee has been elected;
2. Chairmanship Committee has been authorized to sign the minutes of the General Assembly Meeting, and the List of Attendees;
3. Board of Directors annual report for the year 2010 has been read;
4. Statutory Board of Auditors annual report for the year 2010 has been read;
5. Summary reports of the Independent Audit Company for the year 2010 have been read;
6. Balance sheet and profit/loss accounts for the year 2010 have been read, discussed and approved;
7. Temporary appointments made by the Board of Directors to the Board of Directors for the positions became vacant because of resignations have been submitted to the approval of the General Assembly as per Article 10 of the Articles of Association of our Company and Article 315 of the Turkish Trade Law and under the same conditions in order to be valid as of the appointment date; and the membership of the elected members has been approved as of the appointment date for the remaining office of the Board of Directors;
8. Temporary appointment made by the Statutory Board of Auditors to the Statutory Board of Auditors for the position became vacant because of resignations has been submitted to the approval of the General Assembly as per Article 351 of the Turkish Trade Law and under the same conditions; and the membership of the elected members has been approved as of the appointment date for the remaining office of the Statutory Board of Auditors;
9. Board of Directors has been released for operations and transactions of our Company during 2010;
10. Statutory Board of Auditors has been released for operations and transactions of our Company during 2010;
11. The proposal of the Board of Directors about distribution of the profit generated in 2010 has been discussed and resolved;
12. Signing an agreement with Güney Bağımsız Denetim ve SMMM A.Ş., the independent audit company with which our Company is currently working, for the purpose of auditing our Company's operations and accounts for the year 2011, as per Article 14 of the Regulation on Independent External Audit in Capital Markets published by the Capital Market Board and Article 17/A of the Articles of Association of our Company, has been resolved;
13. Net salaries of the Board Directors and Statutory Board Auditors have been defined as TL 5,500. An additional bonus payment will be made each year in January and July.
14. Shareholders have been informed about the dividend distribution policy under the Corporate Governance Principles;
15. Written explanations of the Independent Audit Company about the compliance of the financial statements and other reports with the standards, the accuracy and precision of the information, and that the independence of the audit company and its subsidiaries is not affected in any way in relation to the services delivered to our Company or its subsidiaries, under the Corporate Governance Principles; have been read.
16. General Assembly has been informed about donations and aids made during 2010;
17. General Assembly has been informed about transactions made during 2010 with related parties and their valuations as per Article 5 of the Communiqué Serial IV No. 41 of the Capital Market Board and about the implementation of IFRIC 12;
18. Authorizing the Board of Directors for company acquisitions to be made by our company or its subsidiaries during 2011 up to 300 million Euro which will be separately valid for each acquisition and delegating this authority appropriate people have been discussed and approved;
19. Authorizing the Board of Directors to establish Special Purpose Vehicle(s) when required for acquisitions in 2011; has been discussed and voted;
20. General Assembly has been informed about the guarantees, pledges and mortgages given by our Company in favour of third parties, and about revenues or interests generated, under Decision 28/780 dated 09.09.2009 of the Capital Market Board;
21. Giving permission to the Board Directors to carry out works within the scope of the Company's operations on their own behalf or on behalf of others or to be a partner to companies who does such works, and to carry out other transactions, as per Article 334 and 335 of the Turkish Trade Law; has been resolved.

May 24, 2011 dated Regulatory Disclosure – Dividend Distribution

Our Board's proposal regarding the dividend distribution has been approved at the Assembly General Meeting held today.

Accordingly, gross dividend per share is TL 0,641130 and net dividend per share is TL 0,544960. Dividend distribution shall begin on May 30, 2011.

May 12, 2011 dated Regulatory Disclosure - Regulatory Announcement Regarding News On Media

Türk Telekom considers every opportunity to increase shareholder value and better serve our customers. While we often evaluate different commercial possibilities, there is no decision to acquire any company at the moment. We will inform the investment community if we decide on acquisition.

May 11, 2011 dated Regulatory Disclosure - Decision of Supreme Court of Appeals Regarding the Appellate Review of Milleni.com Case Between Turk Telekom and Turkcell

As stated in our regulatory disclosure dated November 5, 2009, our Company filed a lawsuit against Turkcell to recover our Company's losses due to the international connection established by Turkcell via Milleni.com GmbH, which violated our Company's monopoly right and caused our Company huge trading losses, failing to comply with the interconnection agreement between Turkcell and Türk Telekom. Court decision regarding this lawsuit was appealed by both parties.

With the decision taken by the Supreme Court of Appeals as a result of the appellate review, it was approved that Türk Telekom is right, stating that Turkcell violated our Company's monopoly right and this is against law and the interconnection agreement between Turkcell and Türk Telekom. In addition, it was stated in the Court decision that the objections by both parties against the expert reports regarding the calculation of compensation and objections to the Court are not fully accepted and it is decided that this matter will be considered and the file will be returned to Trial Court in order to enable a expert calculation which is in line with Court review. Aforementioned Court decision is notified to our Company today and our Company will take necessary legal actions in 15 days for the correction of the decision.

April 26, 2011 dated Regulatory Disclosure – Board Resolution Regarding The Assembly General Meeting Invitation

The AGM planned for April 25th, 2011 could not be held as the representative from Ministry of Industry and Trade could not join the meeting. Today, Board of Directors of our Company convened and decided to hold 2010 Ordinary General Assembly Meeting on 24 May 2011 at 11.00 in Ankara, to discuss the agenda announced earlier.

Agenda:
1. Opening and Election of the Chairmanship Committee;
2. Authorizing the Chairmanship Committee to sign the minutes of the General Assembly Meeting, and the List of Attendees;
3. Presentation of 2010 annual report of the Board of Directors;
4. Presentation of 2010 Statutory Board of Auditors report;
5. Presentation of the summary reports of the Independent Audit Company for the year 2010;
6. Reading, discussing and approving the balance sheet and profit/loss accounts for the year 2010;
7. Submitting the temporary appointments made by the Board of Directors to the Board of Directors for the positions became vacant because of resignations to the approval of the General Assembly as per Article 10 of the Articles of Association of our Company and Article 315 of the Turkish Trade Law and under the same conditions in order to be valid as of the appointment date; and the approval of the membership of the elected members as of the appointment date for the remaining office of the Board of Directors;
8. Submitting the temporary appointment made by the Statutory Board of Auditors to the Statutory Board of Auditors for the position became vacant because of resignations to the approval of the General Assembly as per Article 351 of the Turkish Trade Law and under the same conditions; approval of the membership of the elected members as of the appointment date for the remaining office of the Statutory Board of Auditors;
9. Releasing the Board Directors for operations and transactions of our Company during 2010;
10. Releasing the Statutory Board Auditors for operations and transactions of our Company during 2010;
11. Discussing and resolving on the proposal of the Board of Directors about distribution of the profit generated in 2010;
12. Resolving on signing an agreement with Güney Bağımsız Denetim ve SMMM A.Ş., the independent audit company with which our Company is currently working, for the purpose of auditing our Company's operations and accounts for the year 2011, as per Article 14 of the Regulation on Independent External Audit in Capital Markets published by the Capital Market Board and Article 17/A of the Articles of Association of our Company;
13. Defining the salaries of the Board Directors and Statutory Board Auditors;
14. Informing the Shareholders about the dividend distribution under the Corporate Governance Principles;
15. Reading the written explanations of the Independent Audit Company about the compliance of the financial statements and other reports with the standards, the accuracy and precision of the information, and that the independence of the audit company is not affected in any way in relation to the services it delivers to our Company or its subsidiaries, under the Corporate Governance Principles;
16. Informing the General Assembly about donations and aids made during 2010;
17. Informing the General Assembly about transactions made during 2010 with associated parties and their valuations as per Article 5 of the Communiqué Serial IV No. 41 of the Capital Market Board and about the implementation of IFRIC 12;
18. Discussing and voting for authorizing the Board of Directors or person(s) designated by the Board of Directors for company acquisitions to be made by our Company or its subsidiaries during 2011 up to 300 million Euro which will be separately valid for each acquisition;
19. Discussing and voting for authorizing the Board of Directors to establish Special Purpose Vehicle(s) when required for above mentioned acquisitions;
20. Informing the General Assembly about the guarantees, pledges and mortgages given by our Company in favour of third parties, and about revenues or interests generated, under Decision 28/780 dated 09.09.2009 of the Capital Market Board;
21. Resolving on giving permission to the Board Directors to carry out works within or out of the scope of the Company's operations on their own behalf or on behalf of others or to be a partner to companies who does such works, and to carry out other transactions, as per Article 334 and 335 of the Turkish Trade Law;
22. Comments and closing.

April 25, 2011 dated Regulatory Disclosure – Ordinary General Assembly

The AGM planned for April 25th, 2011 could not be held as the representative from Ministry of Industry and Trade could not join the meeting. The Board will decide on a new date for the AGM as soon as possible.

April 18, 2011 dated Regulatory Disclosure – Settlement of Collective Labor Agreement

Collective Labor Agreement negotiations between Türk Telekom and Haber-İş Union for the 9th Period, which have been held since March 11, 2011, covering 16,687 of our employees, were concluded with a settlement and the collective labor agreement was signed on April 18, 2011. This Collective Labor Agreement will be effective for 2 years, between March 1, 2011 - February 28, 2013.

According to the settlement, which will cover our unionized employees, wage increases for the 1st, 2nd, 3rd and 4th 6-month periods will be 3.75%, 3.5%, 2.5% and 2.5% respectively. If CPI in 3rd and 4th 6-month periods exceeds 2.5%, 100% of the difference will be compensated in the next period's wages.

In addition, it is approved that a wage increase between TL 150 - TL 200 will be applied on equal basis for the first 6-month period, to our 3,118 employees who work in various positions, depending on their place of duty. For the first 6-month period, these employees will not get the normal wage increase that is determined in the settlement. However, for the remaning three 6-month periods, they will get a wage increase that is determined in the settlement.

February 8, 2011 dated Regulatory Disclosure – 2010 Year End Board Recommendationg Regarding the Dividend Distribution

It is decided to recommend to distribute the 100% of the remaining profit of 2010 as cash dividend after first and second legal reserves are set aside which is 2,243,960,909 TL to the General Assembly to be held on April 25, 2011. This amount corresponds to 0.6411316 Kurus (%64.11316) gross cash dividend per each share worth for 1 Kurus nominally.

The details of the proposal to General Assembly are the following,
It is resolved for the decision of our Company’s General Assembly to be held on April 25,2011;
1. Our company’s net profit of the fiscal year 2010 according to the independently audited consolidated financials prepared in accordance with “CMB Communique About Financial Reporting in Capital Markets Serial: XI No:29” is 2,450,857,000 TL and according to the Turkish Commercial Code clauses and Tax Procedure Law is 2,957,704,161 TL,
2. According to the CMB Communique Serial IV No: 27, the profit after tax amount of 2,450,857,000 TL is the base amount for dividend distribution,
3. Although it is obligatory to set aside first legal reserves until the reserve amount reaches 20% of the paid in capital in accordance with Article 466 of Turkish Commercial Code, as the cap for first legal reserves has been reached in the previous years it is decided not to set aside any first legal reserves for 2010,
4. According to the consolidated financial tables, 2,469,282,630 TL shall be the base for first dividend which is reached with adding the donations made in 2010 of 18,425,630 TL to 2,450,857,000 TL distributable profit of 2010.
5. It is decided to distribute 20% of 2,469,282,630 TL (first dividend base), 493,856,526 TL as cash first dividend, in accordance with “CMB Communique Serial IV No: 27” . The second legal reserve of 206,896,091 TL shall be set aside and the remaining 1,750,104,383 TL shall be distributed as cash second dividend.
a. Total cash dividend amount to be distributed of 2,243,960,909 TL shall be covered by current period net profit
b. Accordingly 0.6411316 Kurus (%64.11316) gross cash dividend per each share worth for 1 Kurus nominally shall be distributed to our shareholders and total gross cash dividend distribution amount shall be 2,243,960,909 TL.
6. The distribution of the cash dividends to our shareholders shall begin on May 30, 2011, at Merkezi Kayıt Kuruluşu A.Ş. Süzer Plaza Askerocağı Caddesi No:15 Kat:2 34367 Elmadağ-Şişli İstanbul.

April 8, 2011 dated Regulatory Disclosure - Utilization of Long Term Loan

Our company signed a club loan agreement with ING Bank, Raiffeisen Bank, HSBC, BNP Paribas and WestLB. The self-arranged loan facility has been coordinated by WestLB and it was raised for the purpose of financing the acquisition of Invitel International (rebranded as Pantel), with below details;

Principal amount: EUR 196 mn

Interest rate: Euribor+%2.80 p.a.

Maturity: 7 years (including 2 years of grace period)

Interest payment period: Every 6 months after utilization

Principal repayment: Every 6 months after grace period in equal installments

March 28, 2011 dated Regulatory Disclosure - Board Resolution Regarding the General Assembly Meeting

Board of Directors of our Company decided to hold 2010 Ordinary General Assembly Meeting on 25 April 2011 at 14.00 in Ankara Headquarters Cultural Center of our Company in order to discuss the following agenda:

AGENDA:

1.    Opening and Election of the Chairmanship Committee;
2.    Authorizing the Chairmanship Committee to sign the minutes of the General Assembly Meeting, and the List of Attendees;
3.    Reading the Board of Directors annual report for the year 2010;
4.    Reading the Statutory Board of Auditors annual report for the year 2010;
5.    Reading the summary reports of the Independent Audit Company for the year 2010;
6.    Reading, discussing and approving the balance sheet and profit/loss accounts for the year 2010;
7.    Temporary appointments made by the Board of Directors to the Board of Directors for the positions became vacant because of resignations shall be submitted to the approval of the General Assembly as per Article 10 of the Articles of Association of our Company and Article 315 of the Turkish Trade Law and under the same conditions in order to be valid as of the appointment date; and the membership of the elected members shall be approved as of the appointment date for the remaining office of the Board of Directors;
8.    Temporary appointment made by the Statutory Board of Auditors to the Statutory Board of Auditors for the position became vacant because of resignations shall be submitted to the approval of the General Assembly as per Article 351 of the Turkish Trade Law and under the same conditions; and the membership of the elected members shall be approved as of the appointment date for the remaining office of the Statutory Board of Auditors;
9.    Releasing the Board Directors for operations and transactions of our Company during 2010;
10.    Releasing the Statutory Board Auditors for operations and transactions of our Company during 2010;
11.    Discussing and resolving on the proposal of the Board of Directors about distribution of the profit generated in 2010;
12.    Resolving on signing an agreement with Güney Bağımsız Denetim ve SMMM A.Ş., the independent audit company with which our Company is currently working, for the purpose of auditing our Company’s operations and accounts for the year 2011, as per Article 14 of the Regulation on Independent External Audit in Capital Markets published by the Capital Market Board and Article 17/A of the Articles of Association of our Company;
13.    Defining the salaries of the Board Directors and Statutory Board Auditors;
14.    Informing the Shareholders about the dividend distribution under the Corporate Governance Principles;
15.    Reading the written explanations of the Independent Audit Company about the compliance of the financial statements and other reports with the standards, the accuracy and precision of the information, and that the independence of the audit company is not affected in any way in relation to the services it delivers to our Company or its subsidiaries, under the Corporate Governance Principles;
16.    Informing the General Assembly about donations and aids made during 2010;
17.    Informing the General Assembly about transactions made during 2010 with associated parties and their valuations as per Article 5 of the Communiqué Serial IV No. 41 of the Capital Market Board and about the implementation of IFRIC 12;
18.    Discussing and voting for authorizing the Board of Directors or person(s) designated by the Board of Directors for company acquisitions to be made by our Company or its subsidiaries during 2011 up to 300 million Euro which will be separately valid for each acquisition;
19.    Discussing and voting for authorizing the Board of Directors to establish Special Purpose Vehicle(s) when required for above mentioned acquisitions;
20.    Informing the General Assembly about the guarantees, pledges and mortgages given by our Company in favour of third parties, and about revenues or interests generated, under Decision 28/780 dated 09.09.2009 of the Capital Market Board;
21.    Resolving on giving permission to the Board Directors to carry out works within or out of the scope of the Company’s operations on their own behalf or on behalf of others or to be a partner to companies who does such works, and to carry out other transactions, as per Article 334 and 335 of the Turkish Trade Law;
22.    Comments and closing.

March 10, 2011 dated Regulatory Disclosure - Resignation of Board Members

Three of our Board Members representing Turkish Treasury shares in our Company, Mehmet Habib Soluk, Ali Arıduru and İsmet Yılmaz have resigned from their positions. Election for the vacant seats will be made as per Article 315 of Turkish Trade Law and be announced later.

14.09.2010 - Explanation Regarding The Tax Examination

The Tax Audit Reports for the years 2005, 2006, 2007 and 2008 notified to our Company on 13.09.2010 provide for a tax assessment in addition to tax cancellation and tax return, for following reasons:
• In 2005 and 2006, in some periods, tax overpayment and in some other periods tax underpayment was calculated, declared and paid.
• In 2005, 2006, 2007 and 2008 the VAT that had to be calculated and declared in the capacity of limited liability tax payer was under declared.
• In 2006, 2007 and 2008 VAT deductions were made more than the required amount.
Taking the tax to be cancelled into account, the tax amount is foreseen to be approx. TL 61 million. Out of this amount, approx. TL 47.5 million will be assessed, and at the same time, will be considered as the VAT to be deducted.
The tax loss penalty calculated in relation to the assessed tax amount is approx. TL 343 million.

Türk Telekom will seek all the legal remedies including the reconciliation.

12.03.2010 - Change in Top Management

With the resolution dated March 10, 2010 our Company's Board of Directors made the decision to appoint Mr. Haktan Kılıç as Customer Care Deputy VP. Mr. Haktan Kılıç graduated from department of Industrial Engineering at Marmara University and completed his master's degree at the same department in 2001. He worked at Turkcell between 1997-2007 in various positions, after which he worked as Senior Management Advisor at IBM between 2007-2008 and worked at Eagle Mobile, Albania's mobile operator in 2008. After leaving Eagle Mobile in 2008, he moved on to work at Türk Telekom Group as Marketing Director of TTNET and has worked as Customer Care Director of TTNET since February 2009.

08.03.2010 - Utilization of Long Term Loan

Our company utilized a long term loan from Halkbank, aiming to further improve our debt structure with respect to maturity, interest rate and currency mix, with below details;

Amount: 222 Mn Euro
Maturity: 5 years (including 1.5 years of grace period)
Interest payment period: 6 months (no grace period)
Interest rate: 6 months EURIBOR+ 2.85%

08.03.2010 - New Tariffs

Our Company composed new tariffs for its individual customers to be effective as of 6 March 2010. Within the scope of the tariff revision, we aim at enabling our on-net customers to talk in off-peak hours for free and call mobile numbers at more affordable prices, besides offering more value to our customers. Please see the below link for more information about the new tariffs.

http://www.turktelekom.com.tr/tt/portal/News/Archive/Turk-Telekom-Offers-a-New-Tariff-World

29.12.2009 - Corporate Governance Rating

Turk Telekom successfully received an overall Corporate Governance rating of 8.01 as a result of an independent assessment by SAHA Corporate Governance and Credit Rating Company incorporated by Capital Markets Board of Turkey (CMB).

This high rating assigned to Turk Telekom based on the Corporate Governance Principles is a clear sign that our Company has corresponded to CMB Corporate Governance Principles to a large extent, put the necessary policies and precautions into effect and our Company's efforts for fully complying with the Corporate Governance Principles will continue increasingly.

Corporate Governance Rating was determined as a result of the examination made under four major topics (Share Holders, Public Disclosure and Transparency, Stakeholders, Board of Directors) weighted differently within the framework of the CMB's Corporate Governance

24.12.2009 - $600 mn Loan Agreement

Our company signed a loan agreement with a consortium of 18 local and international banks for approximately $600 mn ($110 mn and €346 mn). The loan's interest rate is Libor/Euribor + 3.75% and maturity is 3 years including one year grace period with semiannual interest payments.

10.11.2009 - Special Independent Audit Report on Shareholder Loans to Avea

Ernst & Young prepared a Special Independent Audit Report on our cost of borrowing and interests charged at shareholder loans to our mobile subsidiary Avea. The report lists the relevant transactions and confirms the management representation that the transactions are at arms length basis. The report is submitted to our Board members and Capital Markets Board, as well.

05.11.2009 - Turk Telekom won the Millenicom case against Turkcell

As per the ruling of Ankara Commercial Court today, Turkcell is required to pay Turk Telekom an amount of 279m TL (plus interest and relevant penalty payments from 05.08.2005) to recover our company's losses due to the international connection established by Turkcell via Millenicom GmbH, against the inteconnection agreement between Turkcell and Turk Telekom in place by then.

23.10.2009 - Senior Management Change at Turk Telekom

We would like to announce that Dr. Ramazan Demir has been appointed as the VP of Strategy and Business Development at Turk Telekom. Dr. Demir held managerial roles at Yahoo! Since 2005 prior to joining Turk Telekom and lastly he was the director of Yahoo! Marketplace Design group. Dr. Demir has a PhD in Operations Research from MIT Sloan School of Management (Cambridge, MA, USA) and BS in Industrial Engineering from Bilkent University (Turkey).

Tunç Yorulmaz, who has been VP of Strategy and Business Development since January 2006, will now serve as Advisor to CEO on Special Projects.

22.10.2009 - Pre-inquiry of Information Tecnologies and Communications Authority

We have been informed that Information Tecnologies and Communications Authority has decided to start a pre-inquiry in order to decide whether an investigation should be opened on our subsidiary Avea's HYO tariff. We will keep updating investment community on the process.

21.10.2009 - Correction regarding recent media coverage on a redundancy program

We would like to make it clear that recent media coverage on a redundancy program for 14,000 employees is not correct at all.

09.10.2009 - Clarification on Recent Media Coverage on our International Growth Strategy

We would like to make a clarification to avoid any misunderstanding regarding the statements of our CEO Dr. Paul Doany during ITU Telecom World 2009, Geneva. Türk Telekom delivers transit internet services and access to the global POPs to our neighbouring countries including Iraq through its backbone. We make investments when needed to increase the capacity of such services. Our interest in Iraq retail market is about marketing our online education software Vitamin developed by a TT group company, Sebit, which is in line with our strategy to support our IT subsidiaries' growth in international markets. The new strategy mentioned is to invest and support our IT subsidiaries to expand internationally, instead of "international acquisitions" which we have slowed down due to prices above fair market value. Regarding the Turkish market, we keep investing on fixed line, mobile and broadband with the aim of increasing the quality of our infrastructure, technology and service.

01.10.2009 - Avea Loan Restructuring - Update

As we disclosed earlier we are restructuring our mobile subsidiary Avea's long term debt and Avea paid back around 1 bn TL on 30.09.2009. Repayment is financed by the shareholder loan provided by Turk Telekom. Interest rate of the shareholder loan is 6M TRLIBOR+3%, the loan is subordinate to Avea's remaining long term debt which is maturing by the end of 2013.

15.09.2009 - Senior Management Change at Turk Telekom

Our CFO, Mr.Ersin Topçuoğlu decided to take another career opportunity and will not be with Turk Telekom starting from today and our Board of Directors decided to appoint Mr. David Cook as temporary acting CFO.

14.09.2009 - USD $380 mn Long Term Loan Facility Signed

Our company signed a loan agreement, to finance the goods and services purchases from Ericsson AB and Ericsson Telekomünikasyon A.Ş., guaranteed by EKN, lenders will be ABN Amro Bank NV, BNP Paribas and ING Bank NV. Amount of the facility will be up to USD 380 mn, maturity will be 9.5 years including 1 year grace period.

10.09.2009 - Avea Loan Structuring

Our Company started negotiations with the banks in order to secure the funding it will provide to its subsidiary Avea, as part of the restructuring of Avea's long term financial liabilities. Terms of the funding has not been specified yet.

07.08.2009 - Disclosure Regarding the News in the Media

Some news regarding a bank's plans to use our distribution channels and claims that our company is to participate in the football broadcasting rights tender have taken place in the media. Various companys sometimes demand to use our distribution channels, we have not reached an agreement with any of them yet. We also do not have an ongoing negotiation on this issue. On the other hand, we carry on our operations on the IPTV technology which we believe is to start a new era in the publishing sector in Turkey. Live broadcasting of the football matches and cooperation opportunities with various publishing companies within this framework are among the subjects to be evaluated as part of these operations. However, there is not any agreement made or any decision taken on this issue as of now.

07.08.2009 - Change in the Organisational Structure

Our organizational structure has been changed to conduct customer-focused operations more efficiently and run the processes more effectively. It has been decided to found 12 regional offices to which all the provincial directorates will be subject.

05.08.2009 - Decision of Supreme Court of Appeals on Fixed Fee

In the Regulatory Disclosure dating 19 January 2009, we announced that Supreme Court decided in our Company’s favour on our Company’s appeal of the decision made in the case opened by one of our subscribers on the fixed fee applied to telephony services our Company provides. Notwithstanding, a decision of insistence was made on 27.01.2009 by local court and the issue was submitted to the Supreme Court again; Supreme Court Assembly made a final decision of reversal binding the local court in favour of our Company against the decision of insistence.

17.07.2009 - Denial of an Incorrect News About the Company

Today a news is published on a Turkish website about our Company's second quarter financial results. The numbers in the news are not correct. We will be releasing our H1 09 Consolidated financials on July 20th, 2009.

08.07.2009 - Correction on Financial Tables and Footnotes

2008 and 2007 "Earnings per share attributable to equity holders of the parent from continuing operations" and "Earnings per diluted attributable to equity holders of the parent share from continuing operations" items in our Audited 2008 year end Finacial Statements were given inadvertently as 0,05 and 0,073 in full Kurus. Accurate amounts are respectively 0,5 and 0,73 in full Kurus. Revised Audited Financial Statements are published on our website.

01.07.2009 - Avea Loan Restructuring

Avea, our mobile subsidiary, decided to make an early repayment on 30.09.2009 and decrease USD denominated debt from USD 1.5bn to USD 750mn. Repayment will be financed by a shareholder loan from Turk Telekom.

25.06.2009 - Trade Finance Framework Agreement with Eximbank of China

Turk Telekom and Eximbank of China signed a "Framework Agreement on Credit Line for Trade Finance" on June 25, 2009. In the agreement, the Eximbank of China stated its intention to extend our company a trade finance credit line amounting up to 500 million USD to finance export/import trade between our Company and any company from People's Republic of China.

17.06.2009 - Cosmofon Tender – Tender Closing

Our Company has been notified that the winning bidder has finalized the closing of the Cosmofon Tender, and thus our Company has been released of its binding offer and bid security, along with other obligation.

11.06.2009 - Management change at AVEA

Mr. Cüneyt Türktan, who was Avea's CEO since 2006, will serve as of June 30, 2009 as Strategic Advisor to the Chairman of Oger Telecom for new-generation wireless investments. Mr. Erkan Akdemir, CEO of Cisco Systems Turkey since 2006, is appointed as the CEO of Avea and will take office on June 23, 2009. Türktan worked between 2002 and 2006 as the General Manager of Zapp, a joint venture investment of Oger Group in Romania which is a mobile operator.

Avea's new CEO Mr. Erkan Akdemir, served as the CEO of Cisco Systems Turkey since 2006 before which he was the Chairman of KabloNet. From 2002 until the post-privatization period, Akdemir acted as the Chairman of Türk Telekom and Eurasiasat. Having an undergraduate degree in Electronics Engineering from Hacettepe University, Ankara, Akdemir also holds a master's degree in Telecommunications from Colorado University, USA.

05.06.2009 - Investigation of Competition Authority - Competition Authority Decision

On 5 June 2009, we have submitted an application to Council of State and asked for an injunction regarding the recent Competition Board ruling on naked ADSL. According to the Competition Board ruling, Turk Telekom was required to take necessary steps to offer naked ADSL.

08.06.2009 - Action on Naked ADSL

Competition Board rejected the claims that services provided at TT offices (sales, collection) on behalf of TTNET (our ISP) are anticompetitive. Thus, CB decided not to start an investigation on this issue. This ruling is released at the Board's website on 5 June 2009.

05.06.2009 - Investigation of Competition Authority - Competition Authority Decision

13.05.2009 - Investigation of Competition

We have been informed by Competition Authority that they have decided to investigate claims regarding services offered by Türk Telekom shops on behalf of TTNET (our ISP) and not availability of such services to other ISPs. The services mentioned include sales and collection. Our defense is requested by May 15, 2009.

11.05.2009 - 2008 Year-end General Assembly Meeting Resolution

At the 2008 General Assembly Meeting of our Company held on 11 May 2009;

1. Annual Report of Board of Directors, Report Of The Board Of Statutory Auditors and report summaries of Independent Auditing Firm in relation to 2008 operational year have been read, discussed and approved of,

2. 2008 operational year balance sheet and profit- loss accounts have been read, discussed and approved of,

3. Offsetting of previous years' losses against reserves and including the said offsetting entry in 2009 mid-year financial tables have been approved of,

4. The proposal of Board of Directors regarding the distribution of profit acquired in 2008 have been negotiated and approved of,

5. Members of Board of Directors and Audit Board have been acquitted due to our Company's operations and transactions in 2008,

6. It has been approved that Güney Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş. maintain its function in order to analyze and audit 2009 operations and accounts,

7. Our shareholders have been informed of dividend and dividend policy,

8. General Assembly has been informed of the disclosure policy issued by Board of Directors,

9. General Assembly has been informed of donations and benefactions realized in 2008,

10. General Assembly has been informed of transactions made with related parties,

11. Members of Board of Directors have been given the permission to transact businesses either in relation to the Company or not, either in his/her own name or in someone else's name, or to be partner of companies doing such transactions and to do other transactions in accordance with 334th and 335th articles of TCC.

14.04.2009 - Update on Agenda of 2008 Year-end General Assembly Meeting

Türk Telekom, the leading communication and convergence technology Company in Turkey, is pleased to announce the appointment of Mr. Hakam Kanafani as Türk Telekom Group CEO and the appointment of Mr. K. Gökhan Bozkurt as Türk Telekom CEO.

Chairman of Türk Telekom, Mr. Mohammed Hariri, said commenting on the new appointments: "This is an essential step for a more dynamic and efficient management of Türk Telekom Group which will ensure a strong and sustainable growth of the Group's operations which will soon reach nine companies post the Invitel International acquisition."

Mr. Hakam Kanafani currently serves as Oger Telecom's Chief Business Development & Synergy Officer, and has been with Oger Telecom since 2006. Mr. Kanafani was a leading figure in the team that has developed and implemented the business strategy and transformation of the Türk Telekom Group post privatization including the fixed, mobile and data applications. Mr. Kanafani will assume his new role as CEO of Türk Telekom Group with immediate effect and will be reporting to the Türk Telekom board of directors and Türk Telekom Executive Committee. All Türk Telekom Group CEOs will be reporting to their respective board of directors through the Türk Telekom Group CEO.

Mr. K. Gökhan Bozkurt currently serves as the VP of Human Resources at Türk Telekom. Since he joined Turk Telekom in 2006 after the privatization of the Company, Mr. Bozkurt was instrumental in leading the transformation program which created a customer-centric, region-based organization with new divisions such the new customer care department and the new call centre, namely AsissTT. Mr. Bozkurt will assume his new role as the CEO of Türk Telekom with immediate effect and in his new role he will be leading the Türk Telekom fixed network operating entity.

The Chairman of Türk Telekom, Mr. Mohammed Hariri concluded: "I would like to thank Dr. Paul Doany for the outstanding performance and for establishing a strong team of professionals in Türk Telekom which has led to the resounding transformation and expansion of Türk Telekom Group into a world class operator. Dr. Doany will continue in his role as CEO of Oger Telecom and will lead the next phase of its strategic growth focusing on new acquisitions, ICT alliances and new strategic initiatives, taking the Oger Telecom Group and its subsidiaries to the next level. Dr. Doany will also remain a Türk Telekom Board Director, member of Türk Telekom Executive Committee, and member of the board of directors of Türk Telekom subsidiary companies."

K. Gökhan Bozkurt:

Kamil Gokhan Bozkurt has an economics degree from Bilkent University and a masters degree in economics from Johns Hopkins University.

In 2003, after several years in private sector, Mr. Bozkurt joined Ziraat Bank as the senior manager overseeing the bank's all financial institutions. During this period, he was a board member at Ziraat Bank Moscow CJSC and Ziraat Bank International AG. Mr. Bozkurt then joined Halkbank as the Executive Vice President of Organization and Human Resources in 2004. In this capacity, he successfully managed the merger between Halkbank and Pamukbank.

In 2006, he was appointed as the Executive Vice President who managed the bank's both Financial Institution and International Banking units.

During his tenure, Mr. Bozkurt was an active member of the Privatization Committee of Halkbank and a board member at Birlik Insurance. He has been serving as the VP of Human Resources at Turk Telekom since he joined the company on November 1st, 2006. Mr. Bozkurt was instrumental in leading the transformation program which created a customer-centric, region- based organization with new assets such as new call center business, namely AssisTT. He is currently the Vice Chairman of Turk Telekom Sports Club and also the head of Basketball branch.

Mr. Bozkurt was born in 1971 in Istanbul. He is married to Ahu Bozkurt and he has two kids named Sevde and Omer Erva.

Hakam Kanafani:

Hakam Kanafani is a University Trustee Scholar and holds Beta Gamma Sigma honors from the United States. He graduated from the University of Maryland, College Park with a B.A. in Economics and a B.Sc. in Management Information Systems. Kanafani holds an MBA with a 4.0 GPA and he continued his Executive Education at Harvard Business School.

Kanafani worked in the Apple Research Lab in College Park, Maryland and upon graduation he joined the Information Technology team based in Goddard Space Flight, NASA, Greenbelt, Maryland. He then moved to the Middle East as the Business Development Director for Egypt's oldest running private holding company "MM Sons Conglomerate." He spearheaded the conglomerate's efforts to establish successful, rapidly growing ICT enterprises. Then he was appointed CEO of Jawwal, Palestine's first private cellular network. Later Kanafani became Chief Operating Officer of the PalTel Group, where he led strategy, acquisitions and financial consolidation for the Group.

Kanafani is currently a Non-Executive Director on the board of directors of TTNET, Argela, Assist, Innova and Sebit in Turkey and Cell C in South Africa. He also served on the board of directors of AVEA in 2007 and 2008.

Kanafani is a Young Global Leader for the World Economic Forum. He wrote several papers on Information Communications Technology and International Management. He was featured in the Independent, Forbes magazine and other periodicals. In 2005, he was named as one of the 100 most influential figures in the Arab Word.

Kanafani is married to Fatenn Mostafa and the proud dad of; Marwan, Ahmad and Jenine. Kanafani is a private pilot and enjoys diving and football.

13.04.2009 - New Interconnection Termination Rates

Telecommunication Authority has approved new Interconnection Termination Rates that will be effective from May 1, 2009.

13.04.2009 - Approval of the Draft Concession Agreement on 3G Tender

Administrative Board of the Council of State has approved the draft Concession Agreement that will be signed between the companies that have been awarded one of the licences at the 3G tender and the Telecommunication Authority.

The tender for authorization of IMT/2000/UMTS services has been held on November 28, 2008 and our Company's affiliate, Avea has been awarded C type license (30 MHZ) for a fee of EUR 214 Mn (excluding VAT).

09.04.2009 - Organizational Changes – Statutory Audit Board and Executive Committee

In the meeting held on April 9, 2009, our Company's Board of Directors decided to ;

Constitute a Sub-Committee of the Board under the name of Executive Committee, appoint Mohammed Hariri as Chairman of the Committee , İbrahim Şahin as Vice President, and Abdullah Tivnikli, Saad Zafer M.Al Kahtani and Boulos H.B. Doany as members of the Committee with the decision numbered 20,
Appoint Basile Yared as Chairman of the Audit Committee, and Mehmet Habib Soluk and Samir Asaad O. Matbouli as members of the Committee with the decision numbered 21.

09.04.2009 - The Case opened by our Company against Turkcell

Our company filed a lawsuit against Turkcell İletişim Hizmetleri A.Ş. for over charging of mobile termination rates contrary to "cost + reasonable profit" principle.

09.04.2009 - Article Published in a Local Newspaper

Some claims not reflecting the truth and misguiding the public opinion regarding our Company has been noted in an article of daily newspaper Yeni Şafak's issue dated April 9, 2009. Our Company's Investor Relations department answers all the questions received from the investors, that are not trade secrets, transparently regardless of the origin of the investors in accordance with the Capital Markets Act and arrangements made based on Capital Markets Act. On the other hand, investor presentations used during investor conference calls published periodically in both Turkish and English on our Company's website concurrently with the conference calls. Except that, evaluations and expectations of analysts from local and foreign brokerage houses and banks regarding our Company on issues other than those made public by our Company are also included in the reports prepared by those analysts. Aforementioned claims and evaluations belong to responsibility of those analysts.

09.04.2009 - Board Resolution on 2008 Dividend

Our Company's Board of Directors decided to recommend to distribute the 100% of the remaining profit of 2008 as cash dividend after first and second legal reserves are set aside which is 1.490.156.976,53 TL to the General Assembly to be held on May 11, 2009. This amount corresponds to 0,4257591 Kurus (%42,57591) gross cash dividend per each share worth for 1 Kurus nominally.

The details of the Board Resolution to be proposed to General Assembly are the following,

It is resolved for the decision of our Company's General Assembly to be held on May 11,2009;

1. Our company's net profit of the fiscal year 2008 according to the independently audited consolidated financials prepared in accordance with "CMB Communique About Financial Reporting in Capital Markets Serial: XI No:29" is 1.752.212.271,97 TL and according to the Turkish Commercial Code clauses is 2.610.791.955,67 TL,

2. According to the CMB announcement dated January 12, 2009, the profit after tax amount of 1.752.212.271.97 TL is the base amount for dividend distribution,

3. In accordance with Article 466 of Turkish Commercial Code, it is obligatory to set aside first legal reserves until the reserve amount reaches 20% of the paid in capital. Accordingly, to set aside the 5% of the statutory net profit which is 130.539.597,78 TL as first legal reserves for 2008.

4. After setting aside the first legal reserve of 130.539.597,78 TL from consolidated net profit of 1.752.212.271,97 TL (base amount for dividend distribution), remaining 1.621.672.674,19 TL shall be the distributable profit of 2008. Adding the donations made in 2008 of 12.390.000 TL, 1.634.062.674.19 TL shall be the base for first dividend.

5. The minimum dividend payout ratio determined by CMB for 2008, 20% of 1.634.062.674.19 TL (first dividend base) shall be distributed as cash first dividend. The second legal reserve of 131.515.697,65 TL shall be set aside and the remaining 1.163.344.441,69 TL shall be distributed as cash second dividend.

a. Total cash dividend amount to be distributed of 1.490.156.976.53 TL shall be covered by current period net profit

b. Accordingly 0,4257591 Kurus (%42,57591) gross cash dividend per each share worth for 1 Kurus nominally shall be distributed to our shareholders and total gross cash dividend distribution amount shall be 1.490.156.976.53 TL.

6. The distribution of the cash dividends to our shareholders shall begin on May 27, 2009, at Merkezi Kayıt Kuruluşu A.Ş. Süzer Plaza Askerocağı Caddesi No:15 Kat:2 34367 Elmadağ-Şişli İstanbul

09.04.2009 - 2008 General Assembly Meeting Date and Agenda Announcement

In the meeting of Board of Directors held on April 9, 2009, it is decided that a General Meeting will be held on May 11 (Monday), 2009 at 10.30 a.m to discuss the issues on the following agenda. The address where the meeting will be held is Türk Telekomünikasyon A.Ş. Kültür Merkezi, Turgut Özal Bulvarı, Aydınlıkevler, Ankara.

AGENDA

1. Opening and Election of the Chairmanship Committee;

2. Authorization of the Chairmanship Committee to sign the minutes of the General Assembly Meeting and the List of Attendees;

3. Reading, discussion and approval of the Board annual reports, Audit Board reports and Independent Audit company's report summaries for the year 2008;

4. Reading, discussion and approval of the balance sheet and the profit/loss accounts for the year 2008;

5. Discussion and decision on the Board offer on dividend distribution for the year 2008;

6. Release of the Board and Audit Board members from operations and actions of the Company during the year 2008;

7. Discussion and decision on the Board offer about extension of the contract with the Independent Audit company to audit operations and accounts of the company for 2009 as per Article 14 of the Regulation on Independent External Audit in the Capital Markets issued by the Capital Market Board, and Article 17/A of the Articles of Association of Türk Telekom;

8. Informing the shareholders of the dividend distribution and the related policy;

9. Informing the General Assembly of the disclosure policy prepared by the Board;

10. Informing the General Assembly of donations and aids made during 2008;

11. Informing the General Assembly of the transactions made with the related parties during 2008;

12. Decision on allowing the Board directors as per Articles 334 and 335 of the Turkish Trade Law to personally/on behalf of others carry out business in/out of the Company's fields of operation or to become partner and carry out other actions to/at companies who are engaged in such business;

13. Other matters and closing.

06.04.2009 - Providers of 3G Infrastructure to Avea

Our Company's affiliate Avea İletişim Hizmetleri A.Ş has agreed with Ericsson, Huawei and ZTE companies to provide the service infrastructure for the 3G mobile service technology expected to be in service this year.

06.04.2009 - Meetings on Collective Bargaining Agreement

Turk Telekom has reached a settlement with the Labor Union this weekend and the new collective agreement will be signed on April 8th. According to the settlement which will cover our 18,559 unionized employees for 1 March 2009-28 February 2011 period; wage increases for the 1st, 2nd, 3rd and 4th 6-months will be 3%, 3.5%, 2.5% and 2.5% respectively. There will also be an inflation adjustment for 3rd and 4th 6-months only. If CPI exceeds the 3rd and 4th 6-months wage increases, 75% of the difference will be compensated. Please note that there will not be any inflation linked adjustment for the first two 6-months period.

13.03.2009 - Rejection the Case Initiated by Turkcell in 2002 Against Turk Telekom

First level court has rejected the case which was initiated by Turkcell in 2002 against Turk Telekom's interconnection related claim amounting approximately 30 million TL. Thus, our receivable from Turkcell is recognized by the court. Interest will also be added to this amount. We have received the notification of the court resolution today (on March 13, 2009).

13.03.2009 - Cosmofon Tender

We have made a final offer for Cosmofon tender and this is just disclosed at ISE. Cosmofon is a mobile operator in Macedonia and fully owned by OTE of Greece. We will keep updating investment community on the tender process.

25.02.2009 - Extraordinary General Assembly Resolutions

In the Extraordinary General Meeting held on February 25, 2009, the Board of Directors was authorized for potential acquisitions up to a total of $1 bn in 2009. The related clause of the Agenda was put to the vote within the terms of the following statement sent by Board Member Chief Executive Officer: "Tender process of Macedonia Telecom Operator Cosmofon still continues, related to the issue, decision dated December 4, 2008 and numbered 61 was taken by the Company's Board of Directors and it was announced via a Regulatory Disclosure to the public. Furthermore, the process of preassessment about the purchase of the businesses in IT sector to support the Company's products and services still continues. Further developments regarding the issue will be announced. As it is known that in accordance with the Article 21 of the Company's Articles of Association headed "Invitation to the Meeting, Quorum", the Company's purchase of an other company's substantial part is adjudicated by the General Assembly."

20.02.2009 - Competition Authority Decision on Naked ADSL

We have received the decision of the Competition Board on naked ADSL. The Competition Board decided not to start an investigation against Turk Telekom after complaints that it is breaching competition rules by not offering ADSL services to customers who don't have a fixed-line. The Board instead told Turk Telekom to submit an application to Information Technologies and Communications Authority for offering ADSL-only services within three months. No notification setting forth the grounds of the arbitration have yet delivered to the Company. Upon delivery of the notification, the Company is asserted to take the necessary steps.

20.02.2009 - Correction in ISE 2008 Year-end Announcements

In the explanations regarding the figures of financial tables in the Formsrk file within the CD submitted to Istanbul Stock Exchange (ISE) by our Company on 19 February 2009 , "TL" instead of "thousand TL" was written by mistake. The mistake within the related file has been corrected and the CD has been re-submitted to ISE as including the summary consolidated financial tables and footnotes and statement of responsibility which belong to the financial period ending on 31 December 2008.

The files mentioned above have been updated on the website of ISE.

16.02.2009 - Submission of Turk Telekom 2008 Year-end Standalone Statutory Financials to ISE

Turk Telekom 2008 year end standalone statutory financials are submitted to ISE. Please note that statutory financials are prepared according to Tax Law and the standards are significantly different than CMB standards.

09.02.2009 - Interview with Cuneyt Turktan Published in Dunya Daily

We would like to state that there were some inaccurate information in the story published by Dunya Daily today and later quoted by Reuters, based on an interview with Cuneyt Turktan (CEO of AVEA) dated 9 January 2009.

AVEA 3rd Quarter results were presented for investors' information on 14 November 2008 as part of Turk Telekom investor presentation and the interview covered the figures as of 2008 Q3.

As the 2008 full year figures were not available at the date of the interview, the full year figures presented in the media do not reflect actual figures.

In addition, 2009 guidance and expectations stated in the story do not reflect AVEA management's view.

AVEA 2008 results will be announced on 19 February 2009, in line with Turk Telekom Financial Calendar

05.02.2009 - The Labour Contract Negotiations

The labour contract negotiations between our company and the Union will start on Friday, 13 February 2009.

28.01.2009 - Extraordinary General Meeting Agenda & Date Announcement

The Board of Directors has resolved on January 28, 2009, that an extraordinary general meeting be held on February 25 (Wednesday), 2009 at 10.30 a.m to discuss the issues on the following agenda. The address where the meeting will be held is Türk Telekomünikasyon A.Ş.Kültür Merkezi, Turgut Özal Bulvarı, Aydınlıkevler, Ankara.

AGENDA

1. Opening and election of the Meeting Council,

2. Authorisation of the Meeting Council members to sign the Minutes of Extraordinary General Meeting and list of attendants,

3. The authorization of the Board of Directors for potential acquisitions up to $1 bn in 2009,

4. Requests and wishes,

5. Closing.

21.01.2009 - 2008 Q4 Financial Results of Saudi Telecom Company (STC)

As Turk Telekom, we hereby declare that our indirect shareholder Saudi Telecom Company (STC), listed on the Saudi Stock Exchange, announced its Q4 2008 unaudited financial results on January 21, 2009. The results are available for analysis on the Saudi Stock Exchange website.

However, the financial data Turk Telekom provided to STC for the preparation of the consolidated financial tables of STC are not prepared within the frame of the Capital Markets Board regulations.

Our 2008 Year-end financial tables which will be prepared in line with Capital Markets Board regulations will be announced on February 19, 2009.

19.01.2009 - Supreme Court Decision on Fixed Fee

Summary of the regulatory disclosure regarding the recent missleading media coverage on the fixed fee that we are charging to our PSTN subscribers is as follows:

Although there have been previous cases where the lower level courts decided against our fixed fee practice, Supreme Court ruled that fixed fee is a legal and rightful practice. It has been decided by the Supreme Court that the court decision taken previously against Turk Telekom and in the direction of not taking fixed fee be overruled in favor of Turk Telekom taking into account the defined legal stands on the fixed fee. With this consideration, the argument whether the fixed fee practice is lawful has been brought to an end and there remains no doubt on this issue whatsoever. As this decision confirming the rightfulness and lawfulness of Turk Telekom's fixed fee practice is to set an example for all the applications on this subject, it has been necessary for us to share the resolution's content with our customers and investment community to prevent missleading guidances regarding this issue.

07.01.2009 - Election of Audit Committee Members

Regulatory Disclosure dated January 7, 2009: Board of Directors elected Mr. Mohammad Hariri as Chairman of Audit Committee and İbrahim Şahin and Saad Zafer M. Al Kahtani as members of the Audit Committee on January 7, 2009.

February 9, 2011 dated Regulatory Disclosure - Change in Statutory Audit Board

Our Statutory Audit Board resolved that;

Resignation of Dr. Tuna Tuğcu, Türk Telekom Statutory Audit Board Member, from his position of Statutory Audit Board Member shall be approved,
Lütfi Aydın shall be elected as the Statutory Audit Board member to replace Tuna Tuğcu, and his membership will be submitted to approval of shareholders in the next General Assembly as per Article 315 of Turkish Trade Law

28.12.2010 - Corporate Governance Rating

Turk Telekom successfully received an overall Corporate Governance rating of 8.27 as a result of an independent assessment by SAHA Corporate Governance and Credit Rating Company incorporated by Capital Markets Board of Turkey (CMB). Thus, our Company's Corporate Governance Rating has increased from 8.01 to 8.27.

Corporate Governance Rating was determined as a result of the examination made under four major topics (Share Holders, Public Disclosure and Transparency, Stakeholders, Board of Directors) weighted differently within the framework of the CMB's Corporate Governance principles.

Breakdown of our corporate governance rating under major categories:

Sub Categories	% Weight	Degree
Share Holders	25	7.94
Public Disclosure and Transparency	35	9.22
Stakeholders	15	9.15
Board of Directors	25	6.73
Total	100	8.27

This rating assigned to Turk Telekom based on the Corporate Governance Principles is a clear sign that our Company is compliant with CMB Corporate Governance Principles to a large extent, has put the necessary policies and precautions into effect and our Company's efforts for fully complying with the Corporate Governance Principles will continue.

Full assessment report prepared by SAHA Corporate Governance and Credit Rating Company is attached and is also available on our website.

01.12.2010 - Organizational Change and Appointments to Top Management

With our Board decision dated November 30, 2010, below changes and appointments were made in top management:

A new department named “Technology” shall be established and this department shall report directly to CEO. Information Technologies Directorate, Network Architecturing Directorate and Services Management Directorate shall be transferred to “Technology” department.
Network Directorate, Access Directorate and Nato Tafics Directorate shall be remained as “Operations”.
Celalettin Dinçer (VP Operations) shall be appointed as VP Sales, Memet Atalay (Network Director) shall be appointed as Acting VP Operations, Timur Ceylan (TTNET Assistant General Manager responsible for Operations) shall be appointed as VP Technology, and Aydın Çamlıbel (VP Sales since 2007) shall be appointed as Advisor to CEO.

Celalettin Dinçer
(1966) After getting his degree on Electronic Communications Engineering from the Faculty of Electrical and Electronic Engineering at Istanbul Technical University, he started his career as an engineer at PTT Istanbul Region Directorate. He was later appointed as Data Processing Manager at the same place, and then appointed as Data Processing Department Head at Türk Telekom in 2000. Celalettin Dinçer became an Assistant General Manager in 2001, and he then became VP Operations at Türk Telekom.

Memet ATALAY
(1970) After getting his degree on Electronic Communications Engineering from Istanbul Technical University, he started working at PTT as a transmission engineer. He then worked as switch engineer, R&D engineer, rural switch projects manager, switchboard project manager (2000), Assistant Head of Study and Investment. He was in the team which established Aycell and he worked to restructure Türk Telekom as the Head of Strategy. He worked as a sector auditor at the State Supervisory Council between 2004-2005. He was appointed as Telecommunications Networks Director in 2006. After the restructing within “Operations”, he was later appointed as Network Director to manage several units consisting of VAS, NGN&Switch, Management Systems, Transmission Systems, Data Systems and Energy-Cooling System.

Timur Ceylan
After getting his degree on Electrical Engineering from Bilkent University, he got his graduate degrees on Electrial Engineering at Hacettepe University, Economics at Bilkent University, and Electrical and Computer Engineering at University of California, Irvine. He then continued with his doctoral studies at University of California, Irvine. He began his executive career at several technology companies in Silicon Valley. He joined Türk Telekom in November 2007 as advisor to VP Operations. He has been Assistant General Manager at TTNET responsible for Operations since May 2008.

October 22, 2010 dated Regulatory Disclosure – Organizational Change

As per the Board of Directors' decision dated 20 October 2010, Regulation and Support Services Division and Human Resources Division will be merged under the name "Human Resources, Support and Regulation Division". The merged division will be headed by Mr. Şükrü Kutlu - current head of Regulation and Support Services Division.

October 20, 2010 dated Regulatory Disclosure - Changes In Board And Its Committees

At the board meeting dated October 20, 2010, it has been resolved that;

-Resignation of Basile Yared, Türk Telekom Board Member, from his positions of Board member and Audit Committee Chairman shall be approved,
-Al-Hakam Marwan Kanafani shall be elected as the Board member to replace Basile Yared, and his membership will be submitted to approval of shareholders in the next General Assembly as per Article 315 of Turkish Trade Law,
- Resignation of Dr. Boulos H.B.Doany, Türk Telekom Board Member, from his position of Executive Committee member shall be approved,
- Al-Hakam Marwan Kanafani shall be elected as the Executive Committee member,
- Boulos H.B.Doany shall be elected as the Audit Committee member
- Samir Asaad O. Matbouli, Türk Telekom Board member and Audit Committee member, shall be elected as the Chairman of the Audit Committee

October 7, 2010 dated Regulatory Disclosure - Closing of Invitel International Acquisition

Our Company had disclosed on 18.05.2010 that we signed a share purchase agreement to acquire 100% of Invitel International AG (including its subsidiaries), Invitel International Hungary Kft and S.C. EuroWeb Romania S.A. After receiving the required approvals to close the transaction, share purchase has been completed as of 07.10.2010 and the aforesaid companies have become our Company's subsidiaries.

September 17, 2010 Dated Regulatory Disclosured - Competition Authority's Approval of Invitel International Acquisition

Upon our Company's request for approval of Türk Telekom's acquisition of Invitel International AG and its subsidiaries, AT Invitel GmbH, Invitel International Hungary Korlatolt Felelossegu Tarsagag and S.C. EuroWeb Romania SA, which are currently under control of Invitel International Holdings BV, Competition Authority of Turkey has decided to approve this operation and this decision has been published at the Authority's website. After the approval by the related authority, no other authority's approval is necessary hereafter. Türk Telekom will start all the necessary procedures and acqusition process will be finished within the shortest time. Our Company will evaluate the process and disclose it after the related decision is notified to our Company.

August 20, 2010 dated Regulatory Disclosure – Two New Appointments

K. Gökhan Bozkurt:

Kamil Gokhan Bozkurt has an economics degree from Bilkent University and a masters degree in economics from Johns Hopkins University.

In 2006, he was appointed as the Executive Vice President who managed the bank's both Financial Institution and International Banking units.

Mr. Bozkurt was born in 1971 in Istanbul. He is married to Ahu Bozkurt and he has two kids named Sevde and Omer Erva.

Hakam Kanafani:

Kanafani is married to Fatenn Mostafa and the proud dad of; Marwan, Ahmad and Jenine. Kanafani is a private pilot and enjoys diving and football.

August 20, 2010 dated Regulatory Disclosure – Media coverage regarding new CEO appointment

TT Group will make a disclosure by the end of the day as already planned and statements in the media should not be taken into account until such a statement is released.

May 18, 2010 dated Regulatory Disclosure – Acquisition of Invitel International

We have signed a share purchase agreement to acquire 100% of Invitel International AG (including its subsidiaries), AT-INVITEL GmbH, Invitel International Hungary Kft and S.C. EuroWeb Romania S.A. from Invitel Holdings A/S for an enterprise value of 221 Mn Euro. The total cash consideration for the transaction is approximately 197 Mn Euro; subject to customary closing adjustments.

Invitel International is the leading independent provider of wholesale data and capacity services in Central and South-Eastern Europe with a high-quality 27,000 km optical fiber network and presence in 16 countries. Invitel International's Revenue and Recurring EBITDA as of 2009 year-end are 121.1 and 41.6 Mn Euro, respectively.

Our General Assembly shall convene on June 8th, 2010 to discuss the transaction and delegate the authority to our Board. Apart from General Assembly approval, completion of the transaction is subject to certain closing conditions, including regulatory approvals.

The acquisition will allow Türk Telekom to capitalize on its unique geographic "hub" location by connecting increasing data/broadband traffic within the Central Eastern European region, and from Turkey, Middle East and Asian markets to Western Europe and the United States. In addition, the acquisition provides opportunities for synergies between Invitel International and Türk Telekom, and will further strengthen both organizations' relationship with their international data and broadband customers, for whom dependable end-to-end service is critical.

May 7, 2010 dated Regulatory Disclosure – Extraordinary General Assembly Meeting

Türk Telekom board decided to hold an Extraordinary General Assembly Meeting at 14:00, on Tuesday, 08th of June, 2010 to discuss the below mentioned agenda at the address of Türk Telekomünikasyon A.Ş. Genel Müdürlük Kültür Merkezi, Turgut Özal Bulvarı 06103 Aydınlıkevler Ankara.

Exclusive discussions regarding the acquisition of the entire issued share capital of Invitel Holdings A/S's international wholesale business, named as Invitel International collectively, by Türk Telekom, have been underway since our regulatory disclosure dated May 3, 2010. Our Extraordinary General Assembly Meeting to be held on June 8, 2010 is principally aimed to assure that any required action in the case of a positive conclusion of the ongoing discussions are carried out on time.

AGENDA

1. Opening and Election of the Chairmanship Committee;

2. Authorizing the Chairmanship Committee to sign the minutes of the Extraordinary General Assembly Meeting, and the List of Attendees;

3. Pursuant to Paragraph (g) of Article 21/6 "Invitation to Meeting and Meeting Quorum" of the Articles of Association of our Company, approval of the acquisition of Invitel Holdings A/S's international wholesale business ("Invitel International" collectively), comprising the entire issued share capital of Invitel International AG (including its subsidiaries), AT-INVITEL GmbH, Invitel International Hungary Kft and S.C. EuroWeb Romania S.A.;

4. Discussing and voting of authorizing the Board of Directors and/or person(s) to be delegated by the Board of Directors for acquisition of company(s) within the year 2010 up to EUR 300,000,000 (three hundred million) for each acquisition;

5. Discussing and voting of authorizing the Board of Directors to establish SPV(s) when needed in relation to such acquisitions;

6. Other items;

7. Closing.

May 3, 2010 dated Regulatory Disclosure – Exclusive discussions with Invitel

Turk Telekom and Invitel Holdings A/S have agreed to commence exclusive discussions regarding the acquisition of Invitel Holdings A/S's international wholesale business (Invitel International collectively), comprising the entire issued share capital of Invitel International AG (including its subsidiaries), AT-INVITEL GmbH, Invitel International Hungary Kft and S.C. EuroWeb Romania S.A.Invitel International is one of the leading independent providers of wholesale data and capacity services in Central and South-Eastern Europe with presence in 16 countries. Consummation of any acquisition will be subject to related regulatory approvals.

April 16, 2010 dated Regulatory Disclosure – Loan Aggreement

Our company signed a loan agreement with European Investment Bank, with below details;
Purpose: Investment financing
Principal amount: EUR 100 million
Interest: Euribor+2.5% p.a.
Grace period: 2 years
Interest repayments: Every 6 months after utilization
Principal repayment: Every 6 months after grace period

April 14,2010 dated Regulatory Disclosure - News regarding the shares owned by the Turkish Treasury

Today's news referring to one of our Vice Presidents, regarding the sales of Türk Telekom's shares owned by the Turkish Treasury, does not reflect the truth and should therefore be ignored. The process of privatization shall be carried out by the Privatization Authority.

April 6, 2010 dated Regulatory Disclosure – Dividend Distribution

Our Board's proposal regarding the dividend distribution has been approved at the Assembly General Meeting held today. Accordingly, gross dividend pers hare is TL 0.4542035 and net dividend per share is TL 0.386073. Dividend distribution shall begin on May 24th, 2010.

April 6, 2010 dated Regulatory Disclosure – Ordinary General Assembly

The Ordinary General Assembly Meeting for the year 2009 was held on April 06, 2010 at 10.30 a.m. and below agenda items are discussed and resolved at the address of Türk Telekomünikasyon A.Ş. Head Quarters Cultural Center, Turgut Özal Bulvarı 06103 Aydınlıkevler Ankara.

1. Board of Directors annual report, Audit Board report, Independent Audit Company's report summary, and Balance sheet and the profit/loss accounts for the year 2009 have been read.

2. Members of Board of Directors and Members of Statutory Audit Board have been released from the operations and actions of the Company during the year 2009.

3. The proposal of the Board of Directors regarding dividend distribution for the year 2009 has been read, discussed and approved.

4. Board of Directors' proposal, given pursuant to the recommendation of the Company's Audit Commitee, offering that the Independent Audit Company Guney Bağımsız Denetim ve SMMM A.Ş. (Ernst&Young) shall continue its audit assignment on the operations and accounts of the Company for the year 2010 as per Article 14 of the Regulation on Independent External Audit in the Capital Markets issued by the Capital Market Board and Article 17/A of the Articles of Association of the Company has been discussed and approved.

5. Information has been given to the General Assembly regarding the code of ethics prepared by the Board of Directors in accordance with the Corporate Governance Principles.

6. Information has been given to the General Assembly regarding the dividend distribution policy in accordance with the Corporate Governance Principles.

7. The written explanation of the Independent Audit Company on the compliance of the financial statements and other reports with the standards, the accuracy and integrity of the information therein and the non-existence of any issues hindering its or its affiliates' independency in the services provided to our Company and to its subsidiaries/affiliates has been read.

8. Information has been given to the General Assembly regarding the disclosure policy prepared by the Board of Directors.

9. Information has been given to the General Assembly regarding the donations made during 2009.

10. Information has been given to the General Assembly regarding the transactions made with the related parties during 2009.

11. Information has been given to the General Assembly regarding the guarantees, pledges and mortgages provided by the Company to third parties or the derived income or interest thereof, in accordance with the Decision of the Capital Markets Board dated 09.09.2009 and numbered 28/780.

12. The members of the Board of Directors to carry out businesses directly or on behalf of others within or outside of the Company's fields of activity or to participate in companies engaged in such businesses and to perform other acts in accordance with the articles 334 and 335 of the Turkish Commercial Code have been permitted.

Dividend distribution table and dividend per share table is given below.

Dividend Distribution Table

Dividend Per Share Table

08.03.2010 - Board Resolution Regarding the General Assembly Meeting

It has been unanimously resolved by the Board that;
The Ordinary General Assembly Meeting for the year 2009 shall be held on April 06, 2010 (Tuesday) at 10.30 a.m. to discuss the below mentioned agenda at the address of Türk Telekomünikasyon A.Ş. Head Quarters Cultural Center, Turgut Özal Bulvarı 06103 Aydınlıkevler Ankara.

TÜRK TELEKOMÜNİKASYON A.Ş.
AGENDA OF ORDINARY GENERAL ASSEMBLY MEETING
FOR THE YEAR 2009 TO BE HELD ON ON APRIL 06, 2010
1. Opening and Election of the Chairmanship Committee;

2. Authorization of the Chairmanship Committee to sign the minutes of the General Assembly Meeting and the List of Attendees;

3. Reading of the Board of Directors annual report for the year 2009

4. Reading of the Audit Board report for the year 2009;

5. Reading of the Independent Audit Company's report summaries for the year 2009;

6. Reading, discussing and approving of the balance sheet and the profit/loss accounts for the year 2009;

7. Release of the members of Board of Directors from the operations and actions of the Company during the year 2009;

8. Release of the Audit Board members from the operations and actions of the Company during the year 2009

9. Discussing and deciding on the porposal of the Board of Directors regarding dividend distribution for the year 2009;

10. Discussing and deciding on the Board of Directors' proposal, given pursuant to the recommendation of the Company's Audit Commitee, offering that the Independent Audit Company Guney Bağımsız Denetim ve SMMM A.Ş. (Ernst&Young) shall continue its audit assignment on the operations and accounts of the Company for the year 2010 as per Article 14 of the Regulation on Independent External Audit in the Capital Markets issued by the Capital Market Board and Article 17/A of the Articles of Association of the Company;

11. Giving information to the General Assembly regarding the code of ethics prepared by the Board of Directors in accordance with the Corporate Governace Principles ;

12. Giving information to the General Assembly regarding the dividend distribution policy in accordance with the Corporate Governance Principles ;

13. Reading the written explanation of the Independent Audit Company on the compliance of the financial statements and other reports with the standards, the accuracy and integrity of the information therein and the non-existence of any issues hindering its or its affiliates' independency in the services provided to our Company and to its subsidiaries/affiliates;

14. Giving information to the General Assembly regarding the disclosure policy prepared by the Board of Directors;

15. Giving information to the General Assembly regarding the donations made during 2009;

16. Giving information to the General Assembly regarding the transactions made with the related parties during 2009;

17. Giving information to the General Assembly regarding the guarantees, pledges and mortgages provided by the Company to third parties or the derived income or interest thereof, in accordance with the Decision of the Capital Markets Board dated 09/09/2009 and numbered 28/780;

18. Deciding on permitting the members of the Board of Directors to carry out businesses directly or on behalf of others within or outside of the Company's fields of activity or to participate in companies engaged in such businesses and to perform other acts in accordance with the articles 334 and 335 of the Turkish Commercial Code;

19. Wishes and closing

March 5, 2010 dated Regulatory Disclosure – Utilization of Long Term Loan

Our company utilized a long term loan from Akbank, aiming to further improve our debt structure with respect to maturity, interest rate and currency mix, with below details;

Amount: USD 300 Mn
Maturity: 5 years (including 1.5 years of grace period)
Interest payment period: 6 months (no grace period)

February 22, 2010 dated Regulatory Disclosure - Oger Telecom's Announcement on Media Coverage

Oger Telecom's announcement with regards to the media coverage on a possible increase in its stake at Turk Telekom is given below:

Oger Telecom Limited, would like to announce that upon the press coverage in 2009, of a potential SPO of Turk Telekom shares owned by the government, we sent an 'expression of interest' to the relevant Turkish authorities that OTL would be interested to increase its shares in Turk Telekom, particularly through a block share sale or other process that allows a block amount of no less than ten percent. We are currently waiting for information on launch of such a process by the relevant authorities.

For further information www.ogertelecom.com

February 12, 2010 dated Regulatory Disclosure - Termination Rates Revised By Telecom Authority

As a result of the decision number 2009/DK-050/650 and dated 16.12.2009 and decision number 2010/DK-07/88 dated 10.02.2010 of Information Technologies and Communication Institution, this "Turk Telecommunication A.S Reference Interconnection Offer" that has been provided assuring that any administrative or penal sanctions will not be encountered by the Institution and that does not reflect the free will of Turk Telecommunication A.S has been broadcasted, preserving our right to claim any rights.

TA announced new Termination Rates applicable from April 1st, 2010.

The new rates are given below:

February 01, 2010 dated Regulatory – Appointment to the Top Management

With the resolution dated February 1, 2010 our Company's Board of Directors made the following decision as of February 1, 2010;

(i) Mustafa Uysal has been appointed as VP of Finance of "Turk Telekom Group" referring to Turk Telekomunikasyon A.S. and its subsidiaries as a whole,
(ii) VPs of Finance/CFOs of Turk Telekomunikasyon A.S. and its subsidiaries will report to him,
(iii) Mustafa Uysal will also be the acting VP of Finance of Turk Telekomunikasyon A.S. until a new appointment is made.
Mustafa Uysal started his career as a tax inspector at Ministry of Finance in 1976 and worked as Financial Coordinator, VP of Finance and VP of Business Development, at Anadolu Group. He also served as a member in the Board of Directors of the Group companies.

Mr. Uysal is working as the president of Tax Council composed of representatives of civil and non governmental organizations, academicians and experts since 2003 with his experience in finance, tax policies and tax applications, internal audit, financial systems, business strategies, business development, corporate governance, risk management, active-passive management and restructuring.

Joint study of Mustafa Uysal named "Strategic Approach to Revenue Administration and Audit in the Light of Contemporary Trends" has been deemed worthy of an award by the Tax Inspectors Foundation and published. Other joint study named "Inflation Adjustment and Accounting" has been published by TURMOB and Yaklasım Publishing. Mr. Uysal's articles headed "Arasıra" are published in Dunya newspaper.

February 11, 2010 dated Regulatory Disclosure – Board Recommendation of Dividend Distribution

It is decided to recommend to distribute the 100% of the remaining profit of 2009 as cash dividend after first and second legal reserves are set aside which is 1,589,712,275 TL to the General Assembly to be held on April 6, 2010. This amount corresponds to 0.4542035 Kurus (%45.42035) gross cash dividend per each share worth for 1 Kurus nominally.

The details of the proposal to General Assembly are the following,

It is resolved for the decision of our Company's General Assembly to be held on April 6,2010;

1. Our company's net profit of the fiscal year 2009 according to the independently audited consolidated financials prepared in accordance with "CMB Communique About Financial Reporting in Capital Markets Serial: XI No:29" is 1,831,730,000 TL and according to the Turkish Commercial Code clauses and Tax Procedure Law is 2,746,613,306 TL,

2. According to the CMB announcement dated January 27, 2010, the profit after tax amount of 1,831,730,000 TL is the base amount for dividend distribution,

3. In accordance with Article 466 of Turkish Commercial Code, it is obligatory to set aside first legal reserves until the reserve amount reaches 20% of the paid in capital. Since the reserve amount will reach to 20% of the paid in capital, by setting aside 100,546,497 TL as first legal reserves, to set aside 100,546,497 TL as first legal reserves for 2009.

4. After setting aside the first legal reserve of 100,546,497 TL from consolidated net profit of 1,831,730,000 TL (base amount for dividend distribution), remaining 1,731,183,503 TL shall be the distributable profit of 2009. Adding the donations made in 2009 of 33,644,220 TL, 1,764,827,723 TL shall be the base for first dividend.

5. Although the minimum dividend payout ratio determined by CMB for 2009 is 0%, it is decided to distribute 20% of 1,764,827,723 TL (first dividend base), 352,965,545 TL as cash first dividend, in accordance with "CMB Communique Serial IV No: 27" . The second legal reserve of 141,471,228 TL shall be set aside and the remaining 1,236,746,731 TL shall be distributed as cash second dividend.

a. Total cash dividend amount to be distributed of 1,589,712,275 TL shall be covered by current period net profit

b. Accordingly 0.4542035 Kurus (%45.42035) gross cash dividend per each share worth for 1 Kurus nominally shall be distributed to our shareholders and total gross cash dividend distribution amount shall be 1,589,712,275 TL.

6. The distribution of the cash dividends to our shareholders shall begin on May 24, 2010, at Merkezi Kayıt Kuruluşu A.Ş. Süzer Plaza Askerocağı Caddesi No:15 Kat:2 34367 Elmadağ-Şişli İstanbul.

Dividend Distribution Table

Dividend Per Share

27.01.2010 - Media coverage on Avea's 09 revenue growth

Today, there was some media coverage on Avea's revenue growth in 2009. We would like to clarify that the quoted rates were only approximate figures and actual figures will be announced with our audited financials on February 11, 2010.

20.01.2010 - Unaudited Q4 09 Financials of STC (Our Indirect Shareholder) Announced

Our indirect shareholder Saudi Telecom Company (STC) announced its Q4 2009 unaudited financial results on the Saudi Stock Exchange's website. (http://www.tadawul.com.sa)

However, the financial data Turk Telekom provided to STC for the preparation of their consolidated financial tables are not prepared within the frame of the Capital Markets Board regulations.

Our 2009 Year-end financial tables which will be prepared in line with Capital Markets Board regulations are planned to be announced on February 11, 2010.

14.01.2010 - Football Broadcasting Rights Tender

Our Company today has been awarded the License C, which covers summary broadcasting rights on mobile devices, at USD 13.500.000 on a yearly basis at the "Digital Broadcasting Rights Tender" issued for the transfer of Turkish Football Federation Super League and Turkish Football Federation 1st League Broadcasting Rights by the Turkish Football Federation for the football seasons 2010-2011, 2011-2012, 2012-2013, 2013-2014.

The above-mentioned amount for the said rights of broadcasting do not include 10 percent Legal Turkish Football Federation Share and 2 percent League Organization Share, and 18 percent Value Added Tax.

Our Company has received the option right to extend the contract for additional one year for the football season 2014-2015 under certain conditions.

We consider this package will offer an important content to support us to strengthen our position in the market.

Further details as to the use of the acquired rights will be disclosed later on after the operational subjects are finalized.

January 12, 2010 dated Regulatory Disclosure – Tender Documents for Football Broadcasting Rights

As stated in our Regulatory Disclosure dated August 7, 2009, we are looking into opportunities related to football broadcasting rights. The relevant tender will be held on January 14th, 2010 and we are among the companies that obtained the tender documents. However, there is no finalized decision on our participation to the tender. We will keep updating the investment community on this issue.

February 8, 2011 dated Regulatory Disclosure - Change In Board And Audit Committee

Our Board resolved that;
-Resignation of Samir Asaad O. Matbouli, Türk Telekom Board Member and Chairman of the Audit Committee, from his positions of Board member and Audit Committee Chairman shall be approved,
-Ghassan Hasbani shall be elected as the Board member to replace Samir Asaad O. Matbouli, and his membership will be submitted to approval of shareholders in the next General Assembly as per Article 315 of Turkish Trade Law,
- Ghassan Hasbani shall be elected as the Chairman of the Audit Committee to replace Samir Asaad O. Matbouli.

January 20, 2011 dated Regulatory Disclosure - Unaudited Q4 10 Financials of STC (Our Indirect Shareholder) Announced

Our indirect shareholder Saudi Telecom Company (STC) announced its Q4 2010 unaudited financial results on the Saudi Stock Exchange's website. (http://www.tadawul.com.sa) Türk Telekom financial data are included in the STC financial results as part of the consolidation.

However, the financial data Turk Telekom provided to STC for the preparation of their consolidated financial tables are not prepared within the frame of the Capital Markets Board of Turkey regulations and are not audited. Therefore, it is impossible to extract any financial data regarding Türk Telekom and to make any comments with this aspect.

Our 2010 Year-end financial tables which will be prepared and audited in line with Capital Markets Board of Turkey regulations are planned to be announced on February 8, 2011 at Public Disclosure Platform of Turkey.