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Additional Explanations
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Reference: VakıfBank Public Disclosure Dated July 31th, 2015 It was announced with our public disclosure that The Mortgage Covered Bond ("MCB") Programme, up to Euro 3 billion or its equivalent in other currencies, with fixed and/or floating interest rate, had been established on July 29th, 2015. As per the resolution of the Bank's Board of Directors, the Head Office has been authorized to apply CMB and BRSA for the renewal of mortgage covered bonds issuance approval up to Euro 3 billion equivalent in any currencies, to either intend for non-residents, qualified investors or through private placements. Accordingly, the applications to CMB and BRSA in order to make bond issuances and private placements have been completed. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.