As of 31.12.2010

1. As of 31.12.2010 www.sekerbank.com.tr 1

2. Contents 2

3. Background Şekerbank is one of Turkey’s leading private commercial banks, offering universal banking services through its network of 266 branches. • Milestones • 1953: Established in Eskisehir as the “Sugar Beet Cooperative Bank” • 1956: Moved to Ankara and renamed as Şekerbank • 1970’s: Shifted to full service banking from cooperative banking • 1980’s: Concentrated in commercial banking • 1997 :Initial public offering • 2002: Initiated restructuring to change from a traditional commercial bank into multi channel, diversified financial institution based on customer and segment focused applications • 2004: Moved its Head Office to Istanbul • 2006 : InJune;Partnership agreement to sell 33,979% of shares to BTA (Bank Turan Alem) Group of Kazakhstan • 2007 : In March; Conclusion of Partnership Agreement with BTA Group • 2008 :Şekerbank rose by 393 places in the Top 1000 World Bank Ranking of Banker Magazine, rising to 582. from 976. Sekerbank was one of the top 50 fastest movers in rankings out of the Top 1000 World Banks in 2007 • 2010:IFC and Şekerbank Personnel Social Security Foundation signed an option agreement for IFC purchasing Şekerbank shares up to 5%. 3

4. Contents 4

5. Ownership As of 30 June 2010 • Şekerbank Pension Fund • Started operations in February 1965 • Consists of 6965 members (current & retired employees) • Income sources of the Personnel Pension Fund are premiums, rental income and income from portfolio investments • BTA Securities JSC • % 100 consolidated subsidiary of Bank TuranAlem ( BTA) Kazakhstan (www.bta.kz) • 81.5% of BTA has been acquired by the sovereign welfare fund of Kazakh government Samruk Kazyna, in February 2009. • Şekerbank Pension Fund 33,98 % • BTA Securities JSC 33,98% • Private Sugar Factories and Cooperatives 0,08% • Quoted on ISE 31,96% • Personnel Social Security Foundation 8,94% • Konya Seker San. Ve Tic A.S. 6,62% • Others 16,4% • As of June 2010, • BTA Securities and National Welfare Fund of Kazakhstan “ Samruk Kazyna” signed shares trust management agreement for Şekerbank’s • shares. In accordance with this agreement, BTA Securities placed shares of Sekerbank T.A.Ş. into trust management of National Welfare • Fund Samruk Kazyna. • IFC and Şekerbank Personnel Social Security Foundation signed an option agreement for IFC purchasing Şekerbank shares up to 5%. • As per the said agreement, IFC buys from the ISE quoted shares currently held by Sekerbank Personnel Social Security Foundation , • wihout changing 1/3rd ownership of Sekerbank Pension Fund. • ( Şekerbank employees have two separate foundations: • -Sekerbank Pension Fund, the major shareholder of the bank • -Şekerbank Social Security Foundation which has a portfolio of Sekerbank floating shares on ISE ) 5

6. Financial Figures 6

7. Performance Review

8. Summary of Achievements 2008-2010 • In December 2008, the Board of Directors resolved to increase the paid in capital of the bank from TL 400 million to TL 500 million. The increase of TL 100 million cash injection took place in the first half of 2009. This is the sole capital increase in cash in the Turkish Banking sector for 09. • In 2008, Sekerbank ranked the first in deposit growth and the second in asset andprofitability growth among privately owned commercial banks. In 2009, the Bank recorded the only paid-in capital injection and recorded the highest tier-1 capital growth rate. • The successful performance of Şekerbank on small and micro business contributed to the bank’s close cooperation with IFI’s: • In April 2008, Sekerbank T.A.S. has been chosen as a partner in European Union’s “Small Enterprises Loan Programme – SELP II with three other Turkish banks. • In May 2008, Sekerbank received a USD 10 million loan for 5 years under the insurance of “Overseas Private Investment Corporation” (OPIC) to support SMEs and micro business. • In June 2008, Sekerbank signed a subordinated loan agreement for EUR 15 million for 10 years with KfW to support small and micro segment. • In July 2009, Sekerbank T.A.S. received a EURO 10 million French government subsidized loan from Agence Française de Developpement (AFD) for a tenor of 12 years for small and micro business. • Following the 7-year 36 million loan agreement for SME and small business segment in November 2007, Sekerbank received a 5-year EURO 30 million food & agri loan from IFC in December 2009. • In June 2010, Şekerbank signed a loan agreement with The Green for Growth Fund (South East Europe Energy Efficiency Fund) for a 7 years EURO 25 million for energy efficiency lending. • In August 2010, Sekerbank received an additional 4-year loan of EURO 13 million under SELP II Programme of European Union. • In December 2010, Sekerbank signed a EURO 20 million loan agreement for energy efficiency finance with KfW, with risk participation from OeEB. 8

9. Total Deposits 2200 2000 1800 1600 1400 1200 MILLION TL 1000 800 600 400 200 0 Dec.00 Sep.01 Sep.00 Dec.01 Dec.02 Jun.01 Jun.03 Mar.01 Mar.03 Performance in 2008 and 2001 crises 2008 2001

10. 2010 Performance ComparisonPeer Group* (Growth Ratios) As of 30.09.2010 Peer Group: TEB - ING - FortisBank - Citibank - Şekerbank- HSBC - Alternatif Bank - Tekstil Bank 10

11. 2010 Performance Comparison (cont’d)Peer Group* (Balance Sheet Ratios) As of 30.09.2010 Peer Group: TEB - ING - FortisBank - Citibank - Şekerbank- HSBC - Alternatif Bank - Tekstil Bank 11

12. 2010 Performance Comparison (cont’d)Peer Group* (Profitability Ratios) As of 30.09.2010 Peer Group: TEB - ING - FortisBank - Citibank - Şekerbank- HSBC - Alternatif Bank - Tekstil Bank

13. Contents 13

14. Management of Capital Adequacy The Bank adopts conservative “risk indicators” which are approved by the Board of Directors, above the regulatory limits set by the national regulator. Capital Adeqacy min 12 % (Risk Limit = Regulatory Limit) 13 % (Risk Indicator) Tier I Ratio min 10 % (Risk Limit) 12 % (Risk Indicator)

15. Management of Credit Risk: Loan Portfolio Segmentation *As of 31.12.2010

16. Management of Credit Risk: NPL Segmentation

17. Management of Liquidity A widespread as well as stable deposit base depicted by roll-over rates as high as 90 % lead to a “symmetric structure” with regards to the Bank’s aggregate cash flow structure: As of YE 2010

18. Contents 18

19. Business Strategy Şekerbank finalized a five- year strategy plan with the contribution of a well known international consulting company. The strategy is implemented since the beginning of 2007. According to the strategy, the goal of the bank is to shift towards customerfocused and effective sales process and plan the necessary infrastructure for success. • Target sectors The Business Plan identifies the base of the strategy as “Community Banking with Commercial Focus”. The outcome of this study that has been approved by the management and the Board, refers to the following business sectors as main focuses of the bank, to be supported by retail products; - Small and Medium Companies in general through community banking approach - Construction - Food and agriculture - Tourism 19

20. Business Strategy Community Banking Customer intimacy / product excellence Operational excellence • Food & Agri • Creating a “Value Chain” from farmers to outlets • Focusing on areas with growth potential • Data based specialization & providing distinctive products designed for customer needs • Pursuing close relations with Farmer Unions and other food organizations • Construction • Focusing more on housing projects • Managing cash flows of projects • Financing existing projects • Decreasing construction loans to total loans, while increasing other sector loans • Tourism • Serving tourism establishments, financing renovation, capacity increase and working capital requirements • Serving restaurants, bus companies, local tour operations • Focusing on cultural, educational, health and winter tourism • Other Sectors • Energy, Textile, IT, Logistics, Chemicals, Manufacturing • Reaching subsectors through the value chain of main sectors • Becoming a partner of growing SME’s • Providing simple and user friendly products • Reaching SME via TİM, KOSGEB and Universities SME • Developing very Strong Deposit Base • Putting in Product Differentiation, and Cross Selling • Developing Retail Loans with a widespread customer portfolio Retail 20

21. Growth Plan

22. Contents 22

23. National Presence • 266 branches across Turkey • 286 branches are targeted until January 2011 • Well-definedgeographical coverage (70 cities and 80 major towns) • 11 Regional Offices: 2 in Istanbul, 9 in Anatolia • Average presence of a branch over 25 years, qualifying “Şekerbank” as one of the most established and trusted banking brands

24. National Presence Trakya İstanbul* Branches 12 İstanbul Avrupa 22 İstanbul Anadolu 20 Sinop Sinop Kırklareli Kırklareli 4 Kastomunu Kastamonu 3 Bartın Artvin 2 Zonguldak İstanbul Karabük 1 SAMSUN 3 Zonguldak 2 Trabzon 2 Samsun Artvin Ardahan Ardahan Tekirdağ Tekirdağ 3 Edirne 3 Rize Rize 1 Düzce 1 Düzce 1 Kocaeli 2 Ordu Ordu 3 Trabzon Amasya 2 Sakarya 2 Çankırı Çankırı 1 Amasya Yalova 1 Giresun 1 Bolu 1 Çorum Çorum 2 Giresun Tokat 4 Tokat Kars Kars 1 Bayburt 1 G.Hane G.Hane Bayburt Bilecik 1 İÇ ANADOLU BÖL. 29 ANKARA BÖLGE 29 Bilecik Bursa BURSA 8 Çanakkale Çanakkale 2 ERZURUM 1 Erzurum Ankara Iğdır 1 Iğdır Kırıkkale Kırıkkale 1 Balıkesir Balıkesir 5 Erzincan Erzincan 1 Eskişehir Eskişehir 3 Yozgat Yozgat 1 Sivas Sivas 2 Ağrı Ağrı 1 Kırşehir Kırşehir 1 Kütahya Kütahya 1 Tunceli Tunceli Bingöl Bingöl Muş Muş Nevşehir Manisa Manisa 5 Elazığ 1 Afyon Kayseri Kayseri 5 Afyon** 5 Nevşehir 1 Uşak 2 Elazığ Van Van 1 Uşak Malatya Malatya 1 Aksaray Aksaray 1 Bitlis Bitlis İZMİR 13 İzmir Konya Konya 8 Sandıklı Dinar 2 Diyarbakır Diyarbakır 1 Isparta Isparta 3 Niğde Niğde 1 K.Maraş K.Maraş 3 Siirt Siirt Batman 1 Adıyaman Adıyaman 1 Aydın 4 Denizli Denizli 2 Aydın Şırnak Şırnak Hakkari Hakkari Burdur Burdur 2 Adana 5 Mardin Mardin 1 Muğla ** 4 Muğla 3 Adana Ş.Urfa Ş.Urfa 1 Osmaniye 1 ANTALYA 9 Antalya G.Antep GAZİANTEP 3 Muğla Karaman Karaman 1 Fethiye 1 Kilis 1 Mersin** 4 İçel Hatay Hatay 2 Anamur 1 Regional Offices Karadeniz Regional Office İstanbul Avrupa Regional Office Ege Regional Office Güneydoğu Anadolu Regional Office İstanbul Anadolu Regional Office Ankara Regional Office İç Anadolu Regional Office Doğu Anadolu Regional Office Trakya Regional Office Akdeniz Regional Office Cities without any branch Marmara Regional Office

25. Participations • Şeker Leasing (quoted on ISE) %50,95 Founded in 1997, headquartered in Istanbul and three liason offices in Ankara, Bursa and İzmir. • Şeker Factoring %99,99 Founded in 2000, member of Factors Chain International. • Şeker Yatırım (Investment Banking) %99,04 Founded in 1997, all Şekerbank branches are agents to the Company • Şekerbank (Kıbrıs Ltd.) %95,72 • Şekerbank International Banking Unit Ltd.%74,30 • Şeker Mortgage Finansman A.Ş. (Şeker Konut Finans) % 51 25

26. Disclaimer Statement The information in this document has been obtained by Sekerbank T.A.Ş.(“Sekerbank”) from sources believed to be reliable, however, Sekerbank cannot guaranteethe accuracy, completeness , or correctness of such information. This document hasbeen issued for information purposes only. The financial reports and statementsannounced by Sekerbank to the public and the relevant corporations are accepted to bethe sole material. Sekerbank does not accept any liability whatsoever for any direct orconsequential loss arising from any use of this document or its contents due to themisleading information in this document. All estimations contained in this documentare the opinions of Sekerbank and can be subject to change without notice. Thisdocument can not be interpreted as an advice to the investors and Sekerbank can notbe held responsible for the results of investment decisions made on account of thisdocument. This document has been issued specially to the person, whom thedocument is concerned and may not be reproduced, distributed or shared withthird parties for any purpose 26