April 18, 2013

FIRST QUARTER OF 2013

Follow this QR-code to download our

Q113 press release

This presentation may contain statements that are forward looking. These statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially due to factors discussed in this presentation, in our press release, in the Risk Factors section of Turkcell’s most recent Form 20-F or in other reports and filings with the US Securities and Exchange Commission. We undertake no duty to update or revise any forward looking statements, whether as a result of new information, future events or otherwise. Please note that all financial data are consolidated whereas non-financial data are unconsolidated unless otherwise specified.

NOTICE

2

BUSINESS OVERVIEW

Süreyya Ciliv Turkcell CEO

TURKCELL GROUP: FINANCIAL HIGHLIGHTS

4

CONSOLIDATED FINANCIAL RESULTS

TRY MILLION1 Q1 2012 Q4 2012 Q1 2013 Growth YoY %

Revenue 2,382 2,807 2,688 13%

EBITDA2 703 848 808 15%

EBITDA Margin 29.5% 30.2% 30.0% 0.5pp

Net Income 515 459 566 10%

Avg. US$/TRY rate 1.79 1.79 1.79 -

HIGHLIGHTS OF THE QUARTER

1 TRY figures are based on IFRS TRY figures 2 EBITDA is a non-GAAP financial measure. Please refer to the press release for the reconciliation of EBITDA to net cash from operating activities.

• Double-digit revenue and EBITDA growth year-on-year led by Turkcell Turkey and subsidiaries

• Net income grew by 10% year-on-year mainly due to higher operational profitability despite lower net finance income

TURKCELL GROUP: REVENUE GROWTH DRIVERS

5

GROUP REVENUE BREAKDOWN

TRY MILLION Q1 2012 Q1 2013 Growth (absolute YoY)

Growth (% YoY)

% in Group revenues in

Q113

Group Revenue 2,382 2,688 307 13%

Turkcell Turkey 1,984 2,201 217 11% 82%

Voice1 1,455 1,585 130 9% 59%

Mobile Broadband & Services

529 616 87 16% 23%

Subsidiaries 398 488 90 23% 18%

1 Voice revenues include outgoing, incoming, roaming and other (comprising almost 2% of Turkcell Turkey) revenues

TURKCELL TURKEY: COMPETITIVE ENVIRONMENT IN Q1 2013

TURKCELL

• Recovery in average pricing

• Focused on generating value and providing superior customer experience

AVERAGE REVENUE PER MINUTE (YoY %)

Flat 500 min + 5000SMS for

TRY15

Flat 1000min + PSTN 1000 min for

TRY25 Flat 500 min

for TRY15 Flat 500 min +1000

SMS + 1GB for TRY19 250 min for

TRY10

Oct’12 Mar’13

MOST COMMUNICATED & AGGRESSIVE COMPETITOR TARIFFS

• Market share focus through MNP offers with very low profitability; Sub-brand initiatives with low acquisition prices

COMPETITION

Flat 200 min for TRY9

Flat 500 min +5000 SMS + 1GB for TRY19

Apr’13

-13% -9% -9%

-1% 2%

Q112 Q212 Q312 Q412 Q113

6

TURKCELL TURKEY: IMPROVED ARPU THRU BETTER SUBSCRIBER MIX

SUBSCRIBER (MILLION) BLENDED ARPU (TRY)

19.2

21.0

1Q12 1Q13

↑9%

YoY

POSTPAID ARPU PREPAID ARPU

36.5 36.4

1Q12 1Q13

↓0.3% YoY

10.1

11.5

1Q12 1Q13

↑14% YoY

13.5

21.4

Postpaid Prepaid

Total: 34.9

million

SHARE IN TURKCELL TURKEY REVENUES Q113

66%

34%

7

↑285K in postpaid

TURKCELL TURKEY: MONETIZING ON DATA OPPORTUNITY

8

MOBILE BROADBAND & SERVICES REVENUES

229

295

319 13%

19%

22%

Q112 Q412 Q113

Mobile BB Revenues Smartphone Penetration

TRY MILLION

Mobile BB & Services

Revenues (TRY mn)

YoY % Chg

Mobile Broadband

Messaging & services

616 ↑ 16%

319 ↑ 39%

297 ↓ 1%

MOBILE BROADBAND

52% 48%

Mobile Broadband & Services Revenue Breakdown – Q113

TURKCELL SUPERONLINE: STRONG PERFORMANCE

FINANCIAL FIGURES

145

190 203

20% 21%

27%

Q112 Q412 Q113

Revenue EBITDA margin

40% yoy

SOLID GROWTH IN ALL SEGMENTS

Wholesale Corporate Residential

YoY Growth

↑ 30%

↑ 69%

↑ 26%

Reached 1.4 mn home-pass and 464K FTTX subscribers

Continued improvement in operational performance

41% 38%

30% 27%

29%

35%

Q112 Q113

9

TRY MILLION REVENUE BREAKDOWN

FINANCIAL FIGURES SUBSCRIBERS

91 103 99

27% 27%

28%

Q112 Q412 Q113

Revenue EBITDA margin

9% yoy

UKRAINE: CONTINUED SOLID RESULTS

7.1

8.0 8.2

Q112 Q412 Q113

USD MILLION

Revenue growth mainly driven by

- Subscriber base growth

- Higher mobile data and other value-added services revenue

10

↑1.1 million YoY

3-MONTH ACTIVE- MILLION

FINANCIAL OVERVIEW

Murat Erden Turkcell Acting CFO

NOTICE:

Please note that all financial data are consolidated whereas non-financial data are unconsolidated unless otherwise specified.

EBITDA is a non-GAAP financial measure. Please refer to the press release for the reconciliation of EBITDA to net cash from operating activities.

All non-financial data are unconsolidated, prepared in accordance with IFRS and expressed in US$ and/or TRY.

The figures used in this presentation are rounded while percentage changes are calculated based on the figures disclosed in the Q1 2013 result announcement press release.

29.5% 30.0%

(0.8pp) 0.2pp 1.1pp

EBITDAQ112

Δ in Direct cost

of revenues*

Δ in G&A exp.

Δ in S&M exp.

EBITDAQ113

2,118

2,382

2,688

Q111 Q112 Q113

TURKCELL GROUP: REVENUE & EBITDA MARGIN DEVELOPMENT

12

13% yoy 12%

yoy

Δ in interconnect

(1.3pp)

REVENUE EBITDA MARGIN

(6%) yoy

TRY MILLION %

*Excluding depreciation and amortization

515

566

78

5 19 (37)

13 (32) 5

Net incomeQ112

Δ in EBIT Δ in Interest Inc./Exp.

Δ in Equity in

Net Inc./Loss

Δ in FX Gain/Loss

Δ in Monetary Gain/Loss

Δ in Taxation Δ in Other Net incomeQ113

Q113 vs. Q112 YoY ↑ 10%

TURKCELL GROUP: NET INCOME

13

∆ in EBITDA 105 ∆ in D&A (27)

∆ in interest income (17) ∆ in interest expense 22

TRY MILLION

TURKCELL GROUP: BALANCE SHEET HIGHLIGHTS

TRY million Q1 2012 Q4 2012 Q1 2013

Total Cash 6,048 6,999 6,611

Total Assets 17,157 18,687 18,863

Total Debt 3,359 3,040 3,015

Net Cash 2,688 3,959 3,596

Total Equity 11,325 12,764 13,284

CONSOLIDATED

14 1 Including operational and non-operational capex

MAJOR CASH OUTFLOW ITEMS IN Q113

Capex1 amounted to TRY 199.5 million

Frequency usage fee payment amounted to TRY 344 million TL

THANK YOU

For further information please e-mail

investor.relations@turkcell.com.tr or call Turkcell Investor Relations at

(+90 212 313 1888)

APPENDIX

17

SUMMARY INCOME STATEMENT AS PER CMB1 FINANCIALS

1 Capital Markets Board of Turkey 2 Depreciation and amortization is included

17

Summary income statement (TRY mn) Q1 2012 Q4 2012 Q1 2013 YoY (%) QoQ (%)

Revenue 2,381.8 2,807.3 2,688.4 13% (4%)

Direct Cost of Revenues2 (1,489.8) (1,759.5) (1,685.7) 12% (4%)

S&M (402.8) (469.0) (425.0) 6% (9%)

G&A (118.1) (125.9) (128.9) 9% 2%

EBITDA 702.7 847.8 807.6 15% (5%)

EBITDA Margin 29.5% 30.2% 30.0% 2% (1%)

Net Income 515.5 460.2 566.9 10% 23%

CONSOLIDATED BALANCE SHEET ($ MILLION)

18

Consolidated Balance Sheet ($ mn) Q1 2012 Q4 2012 Q1 2013 YoY (%) QoQ (%)

Cash & Bank 3,411 3,926 3,655 7% (7%)

CURRENT ASSETS 4,808 5,484 5,477 14% (0%)

Fixed Assets, Net 4,139 4,357 4,223 2% (3%)

Other Long Term Assets 730 643 729 (0%) (13%)

TOTAL NON-CURRENT ASSETS 4,869 5,000 4,952 2% (1%)

TOTAL ASSETS 9,677 10,483 10,429 8% (1%)

S/T Debt 1,462 1,086 892 (39%) (18%)

TOTAL CURRENT LIABILITIES 2,585 2,351 1,958 (24%) (17%)

L/T Debt 434 619 775 79% 25%

TOTAL NON-CURRENT LIABILITIES 704 972 1,126 60% 16%

MINORITY INTEREST (61) (79) (81) 33% 3%

Share Capital 1,636 1,636 1,636 0% 0%

TOTAL EQUITY 6,388 7,160 7,345 15% 3%

TOTAL EQUITY AND LIABILITIES 9,677 10,483 10,429 8% (1%)