AUDITORS REPORT

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

28 February 2013

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 2012. 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
Cihat MADANOĞLU                     Esra Peri AYDOĞAN