TR

Capital Increases

The capital of Aksa Enerji Üretim A.Ş has increased from 577,500,000 TRY to 613,169,118 TRY on December 10, 2012 by means of limited preemptive rights after it is offered to public in 2010.

Shares, with a nominal value of 35,669,118 TRY in total, issued with capital increase and shares of Kazancı Holding A.Ş, with a nominal value of 45,860,294 TRY, (total of 81,529,412 TRY nominal valued shares), has been sold to Goldman Sachs International on December 21, 2012 as reserved in Wholesale Market in Turkish Liras equivalent to 240 Million USD with a price of 5.53 TRY (USD 2.9437) per share.

In May 29, 2013 B group Company shares owned by Kazancı Holding, making a total of 100 million shares, sold to non-resident qualified investors with a second public offering in return for 4.00 TRY. Thus, the amount of shares owned by Kazancı Holding A.Ş in our Company has reduced to 61.9% from 78.2% and the free flat rate of our company has increased to 21.4% from 5.2%.