Parcipaon 50 Index Presentaon

Parcipaon 50 Index • It is a stock index composed of stocks traded at Borsa conforming to Parcipaon Banking principles. • Stock selecon is made according to Index Rules in line with these principles. • Accordingly, the index covers companies ,of which field of acvity is in compliance with these rules. • Furthermore, companies to be included in the index must meet certain financial ratios. Why Parcipaon 50 Index

• Trading volume in line with interest-free investment and Parcipaon Banking principles has increased in the recent years. • Private Pension System (BES) funds invesng in this perspecve started to operate for the last few years. • Many organizaons make different pracces tailored to investors’ needs. • The need for a standard has emerged in the sector. Index Business Partners • Index Sponsors are all Parcipaon Banks. Parcipaon Banks set the minimum standards and gave support to their preparaon. • Index Advisors are Parcipaon Banks Associaon of and Bizim Menkul Değerler. BMD is the index provider in the framework of Index Rules. • Index Calculator is (BIST). BIST makes calculaons and data distribuons. Index Rules

The Index covers companies of which field of acvity does not involve: • Interest-based financing, trade, services and intermediaon • Alcoholic beverages, gambling, games of chance, • Pork and similar food, • Tourism, entertainment, press, publicaon and adversement, • Tobacco products and weapons, • Futures gold, silver and currency trade. Index Rules

Companies to be included in the index must meet certain financial rates. • The rate of total interest loans of companies to market value should be lower than 30%, • The rate of interest-bearing cash and securies to market value should be lower than 30% and • The rate of income obtained from the menoned acvies to total income should be lower than 5%. Areas of Use • Indicator, comparison • Investment funds, index funds • Exchange traded funds • Private pension funds • Reference for stock transacons • Stocks to be accepted for guarantee • Alternave, mixed and derivave products • Products for foreign investors Index Licensing

• Parcipaon 50 Index can be licensed on product basis by third pares and can be used in products such as investment fund. • To this end, Index License Agreement is signed with the Index Advisor. • Index Advisor carries out this process on behalf of Parcipaon Banks. Index Companies

KE50_040814 Stock Code Stock Title KE50_040814 Stock Code Stock Title 1 BIMAS Bim Mağazalar 26 BUCIM Bursa Çimento 2 EREGL Ereğli Demir Çelik 27 BOLUC Bolu Çimento 3 THYAO Türk Hava Yolları 28 TKNSA Teknosa İç ve Dış Ticaret 4 ENKAI Enka İnşaat 29 LOGO Logo Yazılım 5 ULKER Ülker Bisküvi 30 PETUN Pınar Et Ve Un 6 FROTO 31 ALKIM Alkim Kimya 7 PETKM 32 KIPA Tesco Kipa 8 KOZAL Koza Aln 33 EGEEN Ege Endüstri 9 PGSUS Pegasus 34 INDES Indeks Bilgisayar 10 TTRAK Türk Traktör 35 TMSN Tümosan Motor ve Traktör 11 Aygaz 36 EGSER Ege Seramik 12 ASYAB Asya Kalım Bankası 37 AFYON Afyon Çimento 13 Aksa 38 ERBOS Erbosan 14 AKCNS Akçansa 39 ADESE Adese Alışveriş Ticaret 15 CIMSA Çimsa 40 VESBE Beyaz Eşya 16 ALBRK Albaraka Türk 41 HEKTS Hektaş 17 ADANA Adana Çimento (A) 42 CEMTS Çemtaş 18 SELEC Selçuk Ecza Deposu 43 ROYAL Royal Halı 19 PNSUT Pınar Süt 44 IHMAD İhlas Madencilik 20 KONYA Konya Çimento 45 ALCAR Alarko Carrier 21 GOODY Good-Year 46 BFREN Bosch Fren Sistemleri 22 MRDIN Mardin Çimento 47 GENTS Gentaş 23 SODA Soda Sanayii 48 UNYEC Ünye Çimento 24 KARTN Kartonsan 49 PARSN Parsan 25 NUHCM Nuh Çimento 50 ASLAN Aslan Çimento * Stocks are listed according to their weight in the index. Sector Distribuon

PARTICIPATION 50 W. AND RETAIL TRADE 3% 2% TRANSPORTATION BASIC METAL 6% METAL PRODUCTS, MACH. 27% 7% CHEM.,PETROL.,PLASTIC FOOD, BEVERAGE 7% CONSTRUCTION NON-METAL MIN.PRODUCT 8% MINING 15% BANKS 9% INF. TECHNOLOGY 14% WOOD, PAPER, PRINTING TEXTILE, LEATHER

(August 2014, approximately) Market Value

Floang Market Value (billion TL) Parcipaon 50 - Share(%)

Parcipaon 50 BIST INDUSTRIALS BIST 100 BIST INDUSTRIALS BIST 100

159.62 80.1%

36.56 45.65 22.9%

(August 2014, approximately) Index Informaon • Index code is KAT50. The Index is composed of 50 stocks. • Stocks are composed of Group A & B stocks, including Real Estate Investment Trusts and Venture Capital Investment Trusts , traded at BIST Naonal Market and Corporate Products Market. • Stocks in the index are subject to quarterly periodic review. • The commencement date is 09.07.2014. The inial value is Parcipaon 30 Index on 08.07.2014. kalimendeksi.org THANK YOU……. Parcipaon 50 Index Presentaon