Turkcell Ranked as one of the World's Top 10 Technology Companies by Total Shareholder Return

Turkcell (NYSE: TKC, ISE: TCELL), the leading technology and communications company in Turkey, announced today that it was ranked as one of the world's Top 10 technology and telecommunications companies by Total Shareholder Return ("TSR") by the Boston Consulting Group. The Report, which is published on October 13th, is BCG's eleventh Value Creator Report and focuses on how companies can achieve sustainable value creation "in an era of diminished expectations."

Turkcell is Turkey's first technology and communications company that have been included in any of the sector rankings since the report was first published in 1999. Turkcell CEO Sureyya Ciliv noted that "We are delighted that Turkcell's efforts to deliver shareholder value over many years have been recognised by such a highly regarded organisation. We are proud to create value for our shareholders and we will continue to maximize total share holder return for our shareholders and all Turkcell stakeholders."

About Turkcell

Turkcell is the leading GSM operator in Turkey with 36.3 million postpaid and prepaid customers as of June 30, 2009 operating in a three player market with a market share of approximately 57% as of June 30, 2009 (Source: operators' announcements). Turkcell, is the technology leader providing EDGE technology across the country. Turkcell also provides high quality data and voice services to 60% of the population (as at 30 July 2009) through the implementation of its 3G technology. Turkcell provides roaming with 624 operators in 206 countries as of August 5, 2009. Serving a large subscriber base in Turkey with its high-quality wireless telephone network, Turkcell reported $1.4 billion net revenue for the quarter ended June 30, 2009 as per IFRS financial statements. Turkcell has interests in international GSM operations in Azerbaijan, Belarus, Georgia, Kazakhstan, Moldova, Northern Cyprus and Ukraine. Turkcell has been listed on the NYSE ("New York Stock Exchange") and the ISE ("Istanbul Stock Exchange") since July 2000 and is the only NYSE listed company in Turkey. 51.00% of Turkcell's share capital is held by Turkcell Holding, 0.05% by Cukurova Group, 13.07% by Sonera Holding, 2.32% by M.V. Group and 0.08% by others while the remaining 33.48% is free float.

    For further information please contact Turkcell

    Corporate Affairs
    Koray Ozturkler, Chief Corporate Affairs Officer
    Tel: +90-212-313-1500
    Email: koray.ozturkler@turkcell.com.tr

    Investors & International Media:
    Nihat Narin, Investor and International Media Relations
    Tel: +90-212-313-1244
    Email: nihat.narin@turkcell.com.tr

    investor.relations@turkcell.com.tr

SOURCE Turkcell

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