TIDM93AN

RNS Number : 2681V

Turkiye Petrol Rafinerileri AS

20 July 2018

Türkiye Petrol Rafinerileri A. . ("Tüpra ")

Fitch Reviews Turkish Corporates Following Sovereign Action

Following the downgrade of Turkey's sovereign rating from BB+ to BB and determination of country outlook as "negative", international credit rating agency Fitch Ratings has reviewed credit ratings of Tüpra along with other Turkish corporates in a similar situation; and our company's credit ratings have been downgraded from BBB- to BB+ with a negative outlook.

For further information, please contact with:

Tuncay Önbilgin

Financial Planning and Reporting Director

Tel : +90 262 316 3269

Fax : +90 262 316 3010-11

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July 20, 2018 02:04 ET (06:04 GMT)

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