Ref: Public Disclosure dated 17.10.2017

Previously, we have informed that Turkish Airlines has entered into a memorandum of agreement (MOA) with SATS Investments Pte. Ltd. ("SIPL"), a subsidiary of SATS Ltd (SATS) regarding the procurement of catering services at Istanbul New Airport applicable upon transfer of Turkish Airlines’ operations thereto. Negotiations between the parties are still ongoing and an additional contract has been signed, extending the period of the aforementioned MOA.

The material developments will be announced to public.