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AUDITORS REPORT

TO THE ORDINARY GENERAL MEETING OF SHAREHOLDERS OF TÜRK EKONOMI BANKASI A.Ş.

4 March 2010

We have examined the financial statements of Türk Ekonomi Bankası A.Ş., of which we are the statutory auditors, for the year ending on 31 December 2009. We confirm that said statements are in compliance with the Banking Law No: 5411, the Regulation on the Procedures and Principles Governing Banks’ Accounting Standards and Safekeeping of Documents, related communiqués and provisions, as well as the Bank’s general policies and regulations

Regards,

 

Statutory Auditor                           Statutory Auditor
Ayşe Aşardağ                               Cihat Madanoğlu