To the General Assembly of T.C. Ziraat Bankası A.Ş.

In the assessment relating to the accounts and transactions of T.C. Ziraat Bankası A.Ş. for the period 1 January 2012 to 31 December 2012 within the context of the provisions of applicable legislation, it was observed that:

1. Legally required books and records are kept in accordance with the requirements of the law, and records and supporting documents are maintained in an organized manner,

2. The balance sheet and the profit & loss statement dated 31 December 2012 appended to the Ziraat Bank Board of Directors report and the statements made in that report conform to accounting records,

3. Decisions concerning the Bank management were duly entered into the Resolution Book.

I have reached the opinion that the independently audited balance sheet and income statement for the period 1 January 2012 and 31 December 2012 attached accurately reflect the true financial standing of the Bank and the true results of its activities for that year, and I hereby submit it for the approval of the General Assembly that the Bank’s balance sheet and income statement be ratified and the Board of Directors be released.

Ankara, 25.02.2013

Gökhan KARASU

Statutory Auditor