December, 2011

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PROFILE OF TÜRKİYE FİNANS

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- 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 1991-2005 owned by Boydak Holding.

- Family Finans and Anadolu Finans merged under the name of Turkiye Finans after the approval of BRSA dd.28.12.2005.

- Special Finance House gained the status of Participation Bank in 2005.

-In 2008, as 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 markets in the years to come.

-182 branches and 6 regional branches all over Turkey.

- 1.642.76 retail, 168.640 SME, and19.300 corporate customers

- 344.729 credit cards and 3.382 employees.

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Before Merger After Merger Sales Protocol Current Status

Türkiye Finans emanated from the merger of Family Finans and Anadolu Finans in 2006. Two years later, in 2008, its majority shares were acquired by NCB of Saudi Arabia.

SHAREHOLDERS STRUCTURE

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64.68%21.56%

13.76%

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The first Saudi bank to be licensed in the KSA.The largest Bank in the Arab world.Paid-up capital is SR 15,000 million (US$ 4,000 million) as of 3rd quarter 2011.Total assets at 3rd quarter of 2011 are SR 306,975 million (US$ 81,849 million). Net income reached SR 4,545 million (US$ 1,212 million) at 3rd quarter 2011, an increase of 13.2% over previous period.Shareholders’ equity at 3rd quarter of 2011 are SR 34,661 million (US$ 9,241 million) .The Banker, reputable bankers’ magazine, ranked NCB as # 1 in the Middle East & # 126  in the World according to its Tier 1 Capital.NCB operates 284 branches throughout the Kingdom, dedicated exclusively to Islamic Banking services. It has 2.5 million clients.Ratings: FITCH: A + / S&P: A + / Moody’s: A1

Founded in 1959US$ 4,6 billion turnover in 2011 Exporting to 110 countries around the world with US$ 413 million export volumeMore than 11.000 employees29 Companies and 7 Subsidiaries 6 companies of Boydak Group are enlisted among top 500 industrial firms in Turkey.Leader of Furniture, Home Textile, Cable Sectors, Aviation, Energy, Chemicals, LogisticsFactories are located in Turkey (Kayseri and Bursa), Russia and Ukraine.

Founded in 1944Annual sales of US$ 7 billion in 2011US$ 1,5 billion exports volumeEmploying around 30,000 employees at 68 companies and 54 factories, 10 of which are 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, and real estate sectors.

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BOARD OF DIRECTORS

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The Board is comprised of seven members whereas NCB is represented by four seats.

PRODUCTS AND SERVICES

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Consumer FinancingCredit CardsPOSInvoice PaymentsSecurities

SME Sectoral Packages and SME FinancingFX TradingLeasingProfit/ Loss ParticipationFranchising and Agricultural LoansLetter s of Credit and Guarantees

Correspondent BankingExports/ ImportsCustomer TransfersCheck CollectionECA/SEP/GSM/ITFC CreditsSyndicationsProject FinancingTreasury Transactions

Internet BankingMobile Banking ATM BankingSMS BankingE-Reminder ServiceTelephone Banking

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CREDIT RATING

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FITCH RATINGS

Long-Term Foreign Currency : 'BBB-'; Outlook Stable

Long Term Local Currency : 'BBB’ ; Outlook Stable

Short Term Foreign Currency : 'F3‘

Short Term Local Currency : 'F3‘

National Long-term rating : 'AAA(tur)'; Outlook Stable

Viability Rating : 'bb-'

Support Rating : '2'

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'BBB' Long-term local currency IDR of Türkiye Finans is capped two notches above Turkey's sovereign rating.

FINANCIAL HIGHLIGHTS

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CAGR

15

CAGR

16

CAGR

17

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FOREIGN TRADE VOLUME

CAGR

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RANKING* AMONG PRIVATE BANKS IN TURKEY

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0

25,000

50,000

75,000

100,000

125,000

150,000

175,000

200,000

Asset Size in mio TRY

0

300

600

900

1,200

1,500

1,800

2,100

2,400

2,700

Profitability in mio TRY

* As of September 2011** Türkiye Finans ranks 13th by assets*** Türkiye Finans ranks 11th by profitability

BRANCH NETWORK

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İSTANBUL : 71 Branches + Istanbul Anadolu and Avrupa Regional Branches

ANKARA : 15 Branches + Ankara Regional Branch

İZMİR : 5 Branches + Izmir Regional Branch

ADANA : 4 Branches + Adana Regional Branch

KAYSERİ : 3 Branches + Kayseri Regional Branch

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Türkiye Finans has 182 branches throughout the country.

INTERNATIONAL AWARDS

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“2008 BEST ISLAMIC BANK IN TURKEY”

BY GLOBAL FINANCE MAGAZINE

“2007 BEST ISLAMIC BANK AND THE SERVICE PROVIDING INSTITUTION” BY ISLAMIC FINANCE NEWS MAGAZINE

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

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

“2011 BEST ISLAMIC BANK IN TURKEY BY GLOBAL BANKING AND FINANCE

MAGAZINE”

TURKEY’S MACROECONOMIC INDICATORS

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GDP GROWTH RATE : 9.6% as of Q3, 2011

INCOME PER CAPITA: $10,067 in 2010

INFLATION: CPI 10.45% (December 2011)

UNEMPLOYMENT RATE: 8.8% (September 2011)

FDI: $9.8 billion as of October 2011 (more than two-folds over the same period last year)

PUBLIC DEBT TO GDP RATIO: 42.2% in 2010, government’s target for 2011 is 39.8%

TOTAL FOREIGN TRADE: November 2011: $342.7 billion (X= $122.5 billion, I= $220.2 billion)

EXTERNAL DEBT / GDP: 22.68 % as of Q2, 2011

DEFICIT / GDP: 1.4 % (TRY 17 billion in 2011 - 57 % improvement compared to 2010)

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