New Generation Banking August 2010. We are an Affiliate of a Reputable Global Conglomerate 1.

New Generation Banking

August 2010

Çalık Holding

Energy Telecoms Media Construction Mining Textiles Financial Services

BKT Aktif Bank

E-Kent

We are an Affiliate of a Reputable Global Conglomerate

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CONSTRUCTION

• Energy• Telecommunications• Media• Construction• Mining• Textiles• Financial Services

Çalık Holding

The leading investor in Turkey, Balkans and the CIS

One of Turkey’s most up and coming Groups with more than 19,000 employees in 12 countries in 4 continents

2008 Assets of USD 4.4 billion and Revenues of USD 1.7 billion

2009 Assets of USD 4.5 billion and Revenues of USD 1.5 billion

On a national scale rated BBB by Fitch and JCR, on an international scale rated B- by Fitch and BB- by JCR

5th Turkish corporate issuing a Eurobond

Reputable partnerships and cooperation with global brands

ENI, EWE, Mitsubishi, General Electric, Turkish Telecom, Qatar Investment Authority, Anatolia Minerals, Initec Energia

Çalık Holding - Overview

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Energy – Power Systems

Completed turnkey delivery of 6 power stations with a total capacity of 1137 MW in Turkmenistan

Long-term supply and maintenance contract with Turkmen state

Holds 10 licenses to construct hydroelectric, wind and thermal power plants with a total capacity of 1500 MW in Turkey

Joint construction of a gas power plant in Uzbekistan with Initec Energia of Spain Project amount of USD 470 million Generation capacity of 472 MW Completion date of 2013

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Energy – Utilities

Çalık Energy was rewarded the tender for 100% privatisation of Yeşilırmak Electricity Distribution Company 1.5 million subscribers in the cities of Samsun,

Amasya, Çorum, Ordu and Sinop Acquisition price was USD 441.5 million

Has a shareholding in Bursagaz and Kayserigaz Bursagaz and Kayserigaz service 850,000 households

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Energy – Oil & Gas

TAPCO Awarded the license to build and operate the strategically important Trans-Anatolian Pipeline (TAP) Partnership with ENI Group of Italy Annual capacity of 50-70 million tons of oil Completion date of 2013

Exploration and Drilling Explores and drills oil and gas in Turkmenistan Partnership with Parker Drilling of USA Holds oil and exploration licenses in Eastern Turkey and Thrace region

Refinery Awarded the license to build a refinery and petrochemicals complex in Ceyhan Annual capacity of processing 10 million tons of crude oil and 2 million tons of petrochemicals Budget of USD 6 billion

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Telecommunications

Owns 76% stake in Albania's Albtelecom Turkish Telecom is a strategic partner with 20% share

Only fixed line operator in Albania 305,000 subscribers with a potential of 800,000 30% penetration

Third GSM operator after AMC and Vodafone 635,000 subscribers 15% market share

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New

spap

er 4 newspaper brandsSabah reaches 2.7m readers daily across Turkey and it is #3 newspaper in terms of circulation

Mag

azin

es 25 magazinesForbes and Para are the leading Business & Finance magazines in Turkey

TV a

nd R

adio

Bro

adca

sting 4 TV and 2 Radio

channels ATV is one of the leading all day and prime time broadcaster in Turkey

One of only two nationwide print distribution networks

in Turkey 5 regional offices (2 representative offices) 5 printing facilities 25,794 sales outlets (810 chain stores) 221 distributors

20% market share in TV & newspaper advertising Lusail International Media Co., media affiliate of

Qatar Investment Authority is 25% shareholder of Turkuvaz

Turkey’s Second Largest Media GroupTurkey’s Second Largest Media Group

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Construction

GAP İnşaat ranked 163rd in the “Top International Contractors” list of ENR magazine in 2009

Active in the construction of turnkey industrial plants, infrastructure and environmental projects, hospitals, hotels, schools, roads and museums

Cover Middle East, CIS and North Africa

Value of completed projects amounts to approximately USD 2.5 billion

Latest project is a USD 1.1 billion shopping centre, residential and office building in partnership with Varyap

Undertaking Turkey’s first urban transformation and renovation projects with private involvement in the heart of Istanbul

Tarlabaşı and Fener Balat

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Textiles

GAP Güneydoğu is one of the world’s top ten suppliers of denim

The only rated textiles company in Turkey with a local currency rating of BBB+ from Fitch

Active in the production of yarn, fabric, garment and home textiles

Manufacturing operations in Turkey, Turkmenistan and in Egypt

Majority of sales exported to North America, Europe, North Africa and East Asia

Top 3 export destinations are the USA, Italy and Spain

Customers include global names such as Diesel, Replay,

Lee-Wrangler, Levi’s, Benetton, H&M, Calvin Klein,

Tommy Hilfiger, Zara, Miss Sixty, M&S, Next, Esprit,

Escada9

Mining

An extensive partnership with Anatolia Minerals in Turkish mining industry

Anatolia Minerals is based in the US and holds more than 100 licenses in Turkey

Çalık Maden partners up with Çukurdere, a subsidiary of Anatolia Minerals

175,000 ounces of annual production started in 2010

Çukurdere owns a gold mine in Erzincan with 6 mn ounces reserves

The alliance will allow for joint exploration and development of other minerals in Turkey on a 50/50 basis

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Çalık Financial Services

Established in 2003 as financial services arm of Çalık Holding

Active in Turkey, Albania and Kosovo with 75 branches through

brand in Turkey

brand in Albania and Kosovo

Consolidated Financial Figures as of 31.12.2009 Asset size USD 1.7 billion Equity of USD 210 million

Engaged in retail and corporate banking with a niche concept of direct banking in Turkey

Further expansion plans into Balkans and the Middle East

Çalık Financial Services

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BKT is one of the few banks operating as an Albanian brand in Albania

Active in Corporate and Retail Banking with a market share of 16.7 % in deposits 9.7 % in loans

Owned 100% by Çalık Financial Services

2nd largest bank amongst 16 banks in Albania Total Assets: USD 1.3 billion Deposits: USD 1.1 billion 57 branches in 30 cities in Albania and 12 branches in

Kosovo Captures 80% of trade activity between Turkey and

Albania

Selected the “Best Bank of the Year” and “Best Medium Size Bank in CEE” in 2008 by Finance Central Europe Magazine

Rated AAA by Japanese Credit Rating Agency (JCR)

Banka Kombetare Tregtare

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Aktif Bank - Fact Sheet

Foundation 1999

Ownership Private - Çalık Holding

Date of Re-organization March 2007

Name Change August 2008

Field of Activity Retail, Corporate and Investment Banking

Total Assets TL 588,3 million

Shareholders’ Equity TL 171 million

Net Income TL 9.3 million

Number of Staff 263

Number of Branches 6

Number of Sales Points 4,000

Correspondent Bank Network 255 banks in 76 countries

Rating A- National, BB International

Vision “Local, Global”

Mission To become a pioneering, smart and outstanding service organization, which is a

sought-after partner in the environment it operates.

Web Adress www.aktifbank.com.tr

Chairman Ahmet Çalık

CEO Dr. Önder Halisdemir

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(in TL thousands)

Total Assets

(in TL thousands)

Summary Financials – Triple Digit Growth in the Balance Sheet for the Last Two Consecutive Years

Note: Solo financials audited in accordance with BRSA standards

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Total Equity

2006 2007 2008 2009 2010 (1. H)66,293 111,679

251,680

578,047682,175

920% CAGR

2006 2007 2008 2009 2010 (1. H)

40,153 40,153

134,295

158,839

156.959

% 58 CAGR

2006 2007 2008 2009 2010 (1. H)41,030 74,735

117,661

297,443

438.595

Series 1

868% CAGR

2006 2007 2008 2009 2010 (1. H)

51,593 54,429

142,800 139,000 147,943

Free Capital

CAR: 16.4%

2006 2007 2008 2009 2010 (1. H)

51.593 54.429

142.8 139 147.943

Free Capital

Summary Financials – More than Doubled the Balance Sheet for the Last Two Consecutive Years

Note: Solo financials audited in accordance with BRSA standards

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2006 2007 2008 2009 2010 (1. H)

61.89% 67.87%46.75% 51.46%

63.63%

14.14%18.85% 18.79% 11.17%

5.38%23.97% 13.29% 15.48% 16.27% 12.70%

19%21%

18%

Total Assets

Loans Securities Banks Other

682,175

2006 2007 2008 2009 2010 (1. H)41.030 74.735

117.661

297.443

438.595

Loans682,175

2006 2007 2008 2009 2010 (1. H)4.66%

31.30% 29.16% 16.63% 27.00%

60.57%35.95%

53.36% 27.48%25.00%

34.77% 32.74%13.21% 23.32% 13.00%

4% 33%35%

Funds BorrowedMarketable Securities Issed and Customer FundsShareholders' EquityOther

682,175

CAR: 16%

Our Strategy : Three Pillar Strategy Built on a Strong Banking Base

City Banking Regional BankingDirect Banking

CorporateBanking

RetailBanking

Investment Banking Treasury

New Generation Banking

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1. Strong and Dedicated Team

2. Centralized Multi-Institutional Operational Infrastructure

3. Inhouse Core Banking System – “Akustik”

4. State-of-Art Unique Platforms

Kreaktif (Credit Factory)

Aktif Online

Aktif Collection

Aktif Card System

Aktif Insurance

Our Banking Base

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Direct Banking

Branchless banking model

Replacing expensive and old-fashioned

branch dominated network

Physical and electronic alternative delivery

channels

Post Offices, Dealers, Web, Call Centre

Presence at points of sale

No time or location constraints

Technologically sophisticated products

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Our Channels

Aktif Bank Web-Site and City Portals - throughout Turkey

Dealer Portals - throughout Turkey

Call Centre - throughout Turkey and in Albania

PTT - 3,750 points throughout Turkey

Aktif Points - 760 points in 8 cities

Aktif Kiosks - 32 locations in 4 cities

Branches – 6 branches in 5 cities

Aktif Bank Web-site

Aktif Bank Dealer PortalAktif Kiosk

Post Office Branches

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Money transfers to anyone with or without a bank account in Turkey is possible! Filling an order form with

proof of identification is enough!

UPT is the cheapest and easiest way of money transfer in Turkey from banks to post offices and post offices to banks real -time

UPT Is Easy!

UPT Is Widespread!

UPT is available at 3,750 PTT branches, over 8,800 bank branches, telephone and internet banking ! Cash

withdrawals through 22,800 ATMs in Turkey possible!

UPT is the First Service that Surfs on Aktif Online Platform

Only TL 7.5 for money transfers up to TL 1,000 compared to the average of TL 30 for Electronic Fund Transfer (EFT)!

UPT Is Cheap!

“There are 1,179 locations where there is no bank branch but a PTT office in Turkey ” 20

Kredi

Aktif Bank collaborates with PTT and offers consumer loans to the PTT payroll

customers

Given sufficient funding, accessing these 500,000 payroll customers with secured, colleteralized retail loans offers has a sales potential of USD 1 billion

Credit operations was introduced to PTT for the first time by providing loan training to 1500 staff in 25 cities

Started on 18th June with PTT Personnel

Nation-wide launch in July 1st

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From application to assesment, we built our credit factory with flexible workflows and high integration capacity with multiple channels

Automatic Decision System Office Verification Module Fraud Module User-friendly screens Smart Application Fields Dynamic Matrix Online Outsource Interrogation

Kreaktif – Credit Factory

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Consumer Loans through Dealers and ADCs

Doğtaş and Kelebek are two major furniture manufacturer chains in Turkey with sales points around the globe

Aktif Bank’s Dealer Credit System - Kreaktif is used at more than 150 dealers of Doğtaş and Kelebek

Average loan amount: TL 4,000 Average tenor: 15 months

Negotiations continue with “Tepe Home” for similar cooperations

Boiler and installation loan program is available at 40 dealers in Kayseri in cooperation with Kayserigaz

Private bus assocations in Bursa, Kayseri, Gaziantep, Düzce, Kütahya, Sakarya are offered

SME Loans with and without a collateral

Refinancing Loans

Vehicle Loans

Heating and Cooling Private Bus Associations

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City Banking

Design, implementation and operation of product

and services specifically tailored to cities

AFC systems, bill payments, cash management

services and city card

Corporate banking and investment products for

municipalities and local businesses

City portals

Up-to-date information on city life

Received “Best E-portal Information

Technology Award” in 2009 by Kayseri

Ministry of Transport

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Aktif Bank Subsidiary “E-Kent”

Turkey’s largest Automatic Fare Collection “AFC” Operator in transportation

Provides modern and high-technology solutions for city

life

Contactless cards “city card”, smart bus stops and

vehicle tracking systems

Expert in field operations

Services citizens, municipalities and private bus

companies with advanced technology solutions

and consulting

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Operational in 8 cities

Bursa, Kayseri, Gaziantep, Düzce, Kütahya, Sakarya,

Kırklareli, Tokat

Servicing 9 million people

With 3 million pre-paid transportation cards

Used at 3,000 buses and 500 tollgates

950 top-up points and ticket booths

Handles more than 1 billion transactions annually

2009 Transportation Revenue: TL 800 million

E-Kent - In Numbers

Smart Bus Stops

Vehicle Tracking System

Validators

Terminals

Passenger Information System

Tollgates

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Widespread, chip based, contactless, high security payment platform

KART 00 - Pre-paid transportation card

AKTIF 00 - Pre-paid urban card enabling quick and safe transactions at every point in the city

e.g. campus card, fan card, gift card, food card, corporate card etc.

CREDITAKTIF 00 - Credit card with additional installments feature to AKTIF 00 (to be launched in Q1 2011)

“Different card solutions for different customer needs”

City Card Product Family

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SHE CARD

HOROSCOPE CARD

STICKER CARD

RAILWAY SYSTEM CARD

“Kart 00 Family”

Functional in transportation “Kart 00”

Special card designs valid in transportation

“She card”, “Sticker card”

Recollection cards functional in transportation

“Horoscope zodiac card visual”, “Railway

system card”

Prepaid Transportation Card Products

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Vending machines & Kiosks & Parking SystemsShopping

Social Facilities Transportation

An urban card enabling quick and safe transaction, usable in every point of the city.

“AKTIF 00 Family”

AKTIF 00 is The Most Extensive Prepaid Card Programme in the World

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Regional Banking

Generate scale by building an extensive physical

distribution network in the Balkans, CIS and

Middle East

Contribute to the development of trade between

these countries and Turkey

BKT with 69 branches in Albania and Kosovo

Further expansion into the Region

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Cash Management

Collection System Cheque / Bill DDS Card

Integrated Receivables Management (B.A.Y.)

Store Loyalty Card Salary Payment System Mass Transfer System Accounting Integration

System

Foreign Trade

L/C L/G Financing

Loans

Cash Non-cash

Insurance

Property Business Interruption Auto Transportation Liability Credit Individual / Group

Fixed Income Securities Mutual Funds Hedging Products

Treasury

Corporate Banking Products

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End-to-end receivables management service

No differentiation of receivables Invoices, cheques, notes and bills are

included in the collection scheme

Obtain financing by pledging receivables

Advisory Services Initial assessment of agency and dealer

network of the client Reporting and notification by follow-up

through the call centre In case of default, legal follow-up of

overdue payments

CLIENT ASSESSMENT

FINANCING

COLLECTION SERVICES

CALL CENTER

REPORTING

Integrated Receivables Management (B.A.Y.)

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We initated the formation of a commercial paper market

in Turkey

Under this program, we issued the first bank bond in

Turkey

All of our issuances have been fully subscribed

1st tranche: TL 35 million (September 2009)

2nd tranche: TL 65 million (September 2009)

3rd tranche: TL 100 million (February 2010)

4th tranche: TL 400 million (April 2010)

With a maturity profile of 30 days to 360 days

Tax advantage over time deposits

Aktif Bond is quoted on Reuters and Bloomberg

Aktif Bank Bond

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: Your Local Partner

Why ACT Office Establish a strong foothold in Turkey and in the region Focus on decision making, not on the process of day-to-day

business Easy access to local expertise with extensive experience Flash News Hotline On-site business and corporate intelligence Benefit is yours, the rest belongs to us (local “Scapegoat”) Low cost base

ACT Office Services Marketing

Promote and publicize your products Search for clients, markets and sectors

Research Filtered information to develop new insights to

industries and sectors Credit & Legal Advisory

Credit assessment Collateralization Monitoring

Administrative & Logistic

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Founded in 2006Trade FinanceNumber of Member Countries: 56

Founded in 1994Export and Investment InsuranceNumber of Member Countries: 37

Marketing & ResearchOperationsCreditsTreasuryLegal ServicesLogistic & Admin

Marketing & ResearchOperationsClaimRisk AssessmentLegal ServicesLogistic & Admin

SCO

PE O

FSE

RVIC

ESPR

OFI

LE

ACT Office Services - ITFC and ICIEC

Signed 06 Nov‘ 09 Signed

10 Nov‘ 09

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Our Correspondent Bank Network

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We are an Innovative Service Organization

First direct bank of Turkey

First bank to issue a commercial paper program

First bank to introduce “Liaison Office” concept in Turkey (“ACT Office”)

Only bank to have online realtime integration with Post Offices

Market leader in contactless cards in Turkey

First bank to develop “a-purse” which is a dual interface chip card application with transportation functionality

First bank to own a transportation operator “E-Kent”

First bank to develop a transportation kiosk

One of the 6 banks in Turkey with an instant decision making credit system “Credit Factory”

One of the 9 banks with dealer credit system

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FI Contacts

Middle East, North Africa, GCC

Muzaffer Suat UtkuSenior Vice President

+ 90 212 340 8321 [email protected]

Far East, South East Asia, CIS Europe, Americas, Australia

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Alper NalbantVice President

+ 90 212 340 [email protected]

Gonca Yılmaz Çetin Assistant Manager+ 90 212 340 8322

[email protected]

Sedat YalçınkayaSpecialist

+ 90 212 340 [email protected]

Areas of Cooperation-Your Suggestions...

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Disclaimer:The contents of this document are provided here for informational purposes only and may not be up to date or fully state all the relevant facts, therefore no warranty, express or implied, is given as to the accuracy thereof and neither Aktif Bank nor any of its affiliates, administrators, directors, or employees shall be liable for any consequences which arise as a result of the use of, or reliance on, the contents and any associated material by you or any third party to whom you supply, copy, send or distribute the contents and any associated material including but not limited to loss of profit, loss of data and information, business, revenue, contracts, reputation or goodwill or any other expenses, costs and damages whether direct or indirect and whether reasonably foreseeable or not. This document is confidential and no portion of the contents herein may be copied, distributed, or reproduced in any form or by means without prior written consent of the Financial Institutions of Aktif Bank.

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