Reference: VakıfBank Public Disclosure Dated February 11, 2019.

In line with the referred disclosure, it was announced that the Bank applied Capital Markets Board and Borsa Istanbul for the issuance and public offering of the bond, amounting TL 300,000,000 with 119 days maturity.

Accordingly, the Bank bond amounting TL 300,000,000 with 119 days maturity, issue date of which is February 22, 2019 , maturity date of which is June 21, 2019 will be issued through public offering and book building of the bonds will take place on February 18-19-20, 2018. In case of excess demand for the above mentioned public offering of TL 300,000,000 the amount can be increased up to TL 450,000,000.

The "Capital Markets Instrument Note", approved by the Capital Markets Board regarding the issuance and public offering of the above mentioned bond, including the calculation of interest rates is enclosed herewith. Please be informed that the enclosed document is in Turkish only.