TÜRK EKONOMİ BANKASI A.Ş. 2007 1stQ CONSOLIDATED RESULTS

1. TÜRK EKONOMİ BANKASI A.Ş. 2007 1stQ CONSOLIDATED RESULTS

2. Outline • TEB Financial Group • Türk Ekonomi Bankası • Financial Highlights

3. TEB Financial Group of Companies

4. TEB Financial Group of Companies* BNPP Çolakoğlu TEB Financial Investments 50% 50% 84.3% 15,7% free float TEB 100.0% 100.0% 100.0% TEB Leasing TEB Investment TEB Factoring 100.0% 100% TEB NV TEB Asset M. */ Ownership percentages used in Consolidation

5. TEB Financial Group of Companies TEB Investment TEB Leasing TEB Factoring • 4th largest factoring company in Turkey with a 6.7% market share in the sector as of YE 2006 • 10th largest brokerage and investment house of Turkey with 3,37% market share as of 1Q07 (specialized in M&A’s and IPO’s ) • 3.8% market share,9th largest leasing company in Turkey as of YE 2006 TEB Asset Management TEB NV • The Group manages one of the largest and best performing funds in Turkey with total AUM of EUR 460 mio. and has a market share of % 2,93 as of 1Q07. • “Turkish specialist” in the EU market, total asset size is EUR 783 mio. as of 1Q07 Growth through cross-selling

6. Türk Ekonomi Bankası

7. Expanding Branch Network GDP coverage 88% March 2007 Coverage 41cities with 202 branches

8. Multinationals and corporates with over US$ 50 mio annual turnover Contribution to results(as of 1Q07): 27.85 % of loans 24.71 % of deposits 34.10 % of customer contribution Leader in cash management services TEB Cash Management was awarded "The Most Innovative and Cost-effective Payments Processing Solution Award" in Excellence, in Payments Innovation Awards competition organized by the European Payments Consulting Association (EPCA). Project Finance solutions Corporate Banking

9. International Trade • 3 trade centers in cooperation with BNPP trade centers network • Success story of synergy: Turkish Desks in Algeria, Ukraine and Egypt • Share of TEB in foreign trade (mio US$, %) (March 2007) • Undersecretariat of Foreign Trade awarded TEB with “Support of Export Award”

10. Commercial Banking • Corporates with less than US$ 50 mio annual turnover and suppliers and customers of corporate clients • Contribution to results(as of 1Q07): • 49.12 % of loans • 13.45 % of deposits • 67.98 % of customer contribution • Solution partner in SMEs • TEB Academy • Support Line • Accounting Software • Consultancy • Structured Loans • TEB KOBİ TV Solution Partner in SMEs

11. Bank-Only Loan Portfolio Loan Portfolio by Industry 31.03.2007 Loan Portfolio by Currency 31.03.2007 Well diversified loan portfolio Source: TEB, BRSA Bank-Only Accounts

12. Non Performing Loans Non-Performing Loans as a % of Total Loans Source: CMB of Turkey announcements and BRSA Bank-Only Accounts Prudent approach, low NPL ratio

13. Retail Banking and Small Business • Accelerated growth in Retail business with BNPP joint forces • Introduction of new products • Instant Credit • Mobile Payment • “Bonus” credit card scheme • Introduction of Small Business Banking solutions • Contribution to results(as of 1Q07): • 21.80% of loans • 14,0 % retail banking, 7.8 % small business • 35.50% of deposits • 31.8 % retail banking, 3.7 % small business • -4.56% of customer contribution • Emphasis on wealth management

14. Retail Loans Retail Loans Market Share in Retail Loans Source: TEB; BRSA Bank-Only Accounts

15. Pioneered PB services in Turkey since 1989 A sales channel dedicated to high-networth individuals with a min.threshold of US$ 800,000 High synergy with TEB Asset Management, TEB Investment, Treasury, Retail Banking, Commercial Banking, Corporate Banking, for sourcing new clients and product development Discreationary and non-discreationary asset management, differentiated & tailor made PB products and services package Total funds managed (as of 1Q07): US$1.3 billion Contribution to results (as of 1Q07): 0.11% of loans 25.69% of deposits 2.48 % of customer contribution Aim: Tailor-made service by more focus on customers and special products Private Banking Leveraging Customer Base

16. Financial Highlights

17. Consolidated BRSA B/S Highlights Source: TEB, BRSA Consolidated Accounts

18. Balance Sheet Growth Source: TEB, BRSA Consolidated Accounts

19. Consolidated Balance Sheet Composition Assets Liabilities Source: TEB, BRSA Consolidated Accounts

20. Loans Source: TEB BRSA Bank-Only Accounts

21. Deposits Source: TEB BRSA Bank-Only Accounts

22. Marketable Securities Source: TEB, BRSA –Bank-Only

23. Consolidated BRSA Income Statement Re-Classified Source: TEB, BRSA Consolidated Accounts

24. Profitability Ratios Adjusted Net Interest Margin */ Cost / Income ROE (net) ROA (net) */ Adj. Net Int. Margin: (Net int. income+net comm. income fm cash loans-prov.s for loans and other+gain/loss) / Interest Earning Assets Source: TEB, BRSA Consolidated Accounts

25. Ratios Loans / Deposits Marketable Sec. / Assets Capital Adequacy Ratio Source: TEB, BRSA Consolidated Accounts

26. Contact Details Investor Relations +90 212 2512121 http://www.teb.com.tr • Levent Çelebioğlu (ext. 1341) Levent.Celebioglu@teb.com.tr • Çiğdem Başaran (ext. 1532) Cigdem.Basaran@teb.com.tr

27. Disclaimer The information and opinions obtained in this document have been compiled or arrived at by TEB from sources believed to be reliable, but no representation or warranty is made as to their accuracy, completeness or correctness. All opinions and estimates contained in this document constitute TEB’s judgement as of the date of this document and are subject to change without notice. This document is published for the assistance of the recipients, but is not to be relied upon as authoritative or taken in subtitution for the exercise of judgement by any recipient. TEB does not accept any liability for any direct or consequential loss arising from any use of this document or its contents. This document is strictly confidential and may not be reproduced, distributed or published for any purpose.