December, 2009

PROFILE SHAREHOLDERS PRODUCTS AND SERVICES FINANCIALS RANKING, INFO ABOUT ISLAMIC BANKING CONTACT DETAILS

BEFORE MERGER AFTER MERGER SALES PROTOCOL WITH TFKB PROFILE CURRENT STATUS  Family Finans operated with special finance house status with interest free banking principles between 1985 – 2005 owned by Ulker Group.  Anadolu Finans operated with special finance house status with interest free banking principles between owned by Boydak Holding.  Family Finans and Anadolu Finans merged under the name of Turkiye Finans after the approval of BRSA dd  Special Finance House gained the status of Participation Bank in  As a part of NCB’s international expansion strategy, 64.68% share of Turkiye Finans was acquired by NCB whereas Ulker Group and Boydak Holding remained as strategic partners with 13.76% and 21.56% shares respectively.  TFKB with NCB partnership will continue its growth performance and prove to be more competitive in both national and international markests in the forthcoming period.  182 branches and 5 regional branches all over Turkey.  More than individual and corporate customers.  credit cards and employees.

SHAREHOLDERS  The National Commercial Bank is the most prominent of Saudi banks and was the first bank established in Saudi Arabia (1953).  The Bank operated 280 branches throughout the Kingdom, dedicated exclusively to Islamic Banking services.  They have an OBU in Bahrain a branch in Beirut, a rep. office in each London, Singapore and Seoul. They are aiming to open a rep. office in China and to take over a bank in Egypt.  The credit rating of the bank has increased to A by Fitch Agency and A+ by Standard and Poors. NCB is the largest Bank in terms of capital in the Arab world. The Bank’s paid-up capital at year-end of 2009 is US$ 4,000 million.  Total assets at year-end 2009 totaled US$ 68,654 million.  Net profit for fiscal year 2009 totaled US$ 1,077 million.  Shareholders’ equity at year-end 2009 totaled US$ 7,806 million.  Founded in 1959  USD 3.4 billion turnover in 2008  USD 363 million export volume  More than employees  22 Companies  Leader of Furniture, Home Textile, Cable Sectors  Factories are located in Turkey (Kayseri and Bursa,).  Founded in 1944  10,9 billion USD tornover in 2008,  1,3 billion USD exports and international operations’ revenue.  Employing around 29,500 employees at 68 companies and 53 factories, 10 of which are in abroad.  13 companies of Ülker Group are enlisted among top 500 industrial firms in Turkey.  Market leader in many sub- segments of food and beverage industries and operating in packaging, IT, real estate sectors.

Mr. Mustafa BOYDAK Chairman Mr. Abdulkareem Abu ALNASR Vice Chairman Mr. Donald Paul HILL Board Member/ Head of Executive Committee Mr. Mehmet Atila KURAMA Board Member Mr. Brian Keith BELCHER Board Member Mr. Varol ŞENEL Board Member Mr. Yunus NACAR Board Member/ Chief Executive Officer BOARD OF DIRECTORS

SHAREHOLDERS STRUCTURE

PRODUCTS AND SERVICES  Personal Financing  Credit Cards  POS  Invoice Payments  Securities  SME Sectoral Packages and SME Financing  FX  Guarantee Support  Leasing  Profit/ Loss Participation  Franchising and Agricultural Loans  Letter of Credits and Guarantees  Correspondent Banking  Exports/ Imports  Customer Transfers  Check Collection  ECA/SEP/GSM/ITFC Credits  Syndications  Project Financing  Consulting Services  Treasury Transactions  Internet Banking  Mobile Banking  ATM Banking  SMS Banking  E-Reminder Service  Telephone Banking

TRANSFORMATION PROJECT CUSTOMER FOCUSED SERVICING OPTIMIZATION OF ALTERNATIVE CHANNELS ACTIVIZATION OF BRANCH NETWORK RE-DEFINITION OF JOB FAMILIES ESCALATION OF TREASURY INSTRUMENTS EMPHASIS ON RISK MANAGEMENT AND COMPLIANCE 2010

TFKB FIGURES LAST 4 YEARS BY GRAPHICS

TFKB FIGURES LAST 4 YEARS BY GRAPHICS

FOREIGN TRADE VOLUMES FOR LAST 3 YEARS

TFKB BY NUMBERS 182 Branches all over Turkey More than Deposit / Individual Customers More than Corporate Customers Credit Cards in Circulation Employees

Mardin Kastamonu Giresun OUR BRANCHES İSTANBUL : 71 Branches + İstanbul Anadolu and Avrupa Regional Branches ANKARA : 15 Branches+Ankara Regioal Branch İZMİR : 5 Branches + İzmir Regional Branch ADANA : 4 Branches + Adana Regional Branch THROUGHOUT TURKEY: 182 Branches

AWARDS “2008 BEST ISLAMIC BANK IN TURKEY” BY GLOBAL FINANCE MAGAZINE “2007 BEST ISLAMIC BANK AND THE SERVICE PROVIDING INSTITUTION” BY ISLAMIC FINANCE NEWS MAGAZINE

“2009 BEST ISLAMIC BANK IN TURKEY” BY ISLAMIC FINANCE NEWS MAGAZINE” “2010 BEST ISLAMIC FINANCE BANK IN TURKEY” BY GLOBAL FINANCE NEWS MAGAZINE”

RANKING AMONG PRIVATE BANKS IN TURKEY  TFKB ranks 13th by assets  TFKB ranks 11th by profitibality

Governing principles are based on the strict refrainment from interest, speculation, goods and services contradicting Islamic values. Islamic Banking promotes risk sharing between provider of capital (investor) and the user of funds (entrepreneur). It also aims at maximizing profit but subject to Islamic sharia principles. Participation in partnership business is the fundamental function of the Islamic banks. So they have to understand their customer's business very well. The status of Islamic bank in relation to its clients is that of partners, investors and trader, buyer and seller. The Islamic banks have no provision to charge any extra money from the defaulters. Only small amount of compensation and these proceeds is given to charity. Since it shares profit and loss, the Islamic banks pay greater attention to developing project appraisal and evaluations. It gives due importance to the public interest. Its ultimate aim is to ensure growth with equity. Fund collection is a profit-loss sharing based mudarabah concept, clients may have to share in a loss position. Funds are being collected through mudaraba and placed mainly through murabaha. The existence of a trade transaction is essential. Functioning of Islamic Banking requires to be an integral part of the real sector. INFO ABOUT ISLAMIC BANKING

Participation accounts can be considered as a version of a Mudaraba. Bank utilises the funds deposited by account holders, which are accumulated in a pool for specific business activities. Any profits earned are shared between the account holder and the bank, in proportion to an agreed ratio.. Bank provides finance by purchasing the desired commodity from a third party and reselling it to the purchaser at a predetermined higher price (mark-up) payable in instalments. Under commodity Murabaha, subject goods are commodities traded at the exchange and there is no purchase of goods that could be subject to a financing. Asset remains in the ownership of the bank until the facility is paid in full.. Relationship established under a contract by the mutual consent of the parties for sharing of profits and losses in the joint business. The Islamic bank provides funds, which are mixed with the funds of the business enterprise and others. All providers of capital are entitled to participate in management, but not necessarily required to do so. The profit is distributed among the partners in pre-agreed ratios, while the loss is borne by each partner strictly in proportion to respective capital contributions.. The Islamic equivalent of a bond and the generally applied structure involves transfer of fixed assets by the borrower to the financier for on lease to the borrower.. Sukuks represent proportionate beneficial ownership. For a defined period the risk and returns associated with the cash flows generated from the assets belong to the sukuk holder. The characteristics of a sukuk are similar to a conventional bond with the difference that they are asset backed. Mudaraba Murabaha Mushakarah Sukuk ISLAMIC BANKING DEFINITIONS

INTERNATIONAL FINANCIAL INSTITUTIONS CONTACT DETAILS Mr. M Fatih BULAÇ Head of Financial Institutions Phone: Ms. Ayla AKMAN Senior Area Manager Phone: com.tr Mrs. Yeşim ÇETİN Senior Area Manager Phone: com.tr Mr. Erhan DEMİRTAŞ Area Manager Phone: com.tr Mrs. Zeynep SAĞDIÇ Area Manager Phone: com.tr Mr. Mete GÖNÜL Area Manager Phone: com.tr