In accordance with our Sales Policy, product sales is planned for the amounts listed below over the January-March 2020 period price list.

PRODUCT TYPE                      AMOUNT                % 30 REGISTERED      % 70 COMMON

                                                                                   GOODS AMOUNT      GOODS AMOUNT

Rebar                                         112.500 Ton                 33.750 Ton                    78.750 Ton

Billet + Bloom                             332.000 Ton                99.600 Ton                  232.400 Ton

(Profile+Angle+Rail                    107.000 Ton                32.100 Ton                    77.900 Ton

Round+ M.Pole) 

Wire Rod                                    121.600 Ton                36.480 Ton                   85.120 Ton

Pig                                                  7.500 Ton                  2.250 Ton                     5.250 Ton

Our claimant shareholder clients should apply to Kardemir's Sales Management until 17:30, December 30, 2019 Monday via fax, e-mail or personally with their corporate/personal names, share certificates and a list showing the product amounts to be bought although not yet certain.

In attention to all customers.

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.