Overview Presentation

March, 2013 1

Overview Presentation The Future Of Air Transport And The Role Of Turkish Airlines International Tourist Arrivals Iata Traffic Flows Between Regions Tourism Development ( Turkey ) Aviation Market & Economy Market Share Among AEA Airlines Turkish Airlines Passenger Development Global Rankings Network Development Frequency Development 2

International Tourist Arrivals 980 Million Tourist Source: World Tourism Organization (UNWTO) Source:International Air Transport Association WATS 56th Edition

Turists Flows (Europe) TK Ranking in Europe- 4. Rank Country Region International tourist arrivals Change 2011 2010 2010 to 2011 1 France Europe 79.5 77.1 3.00% 2 United States North America 62.3 59.8 4.20% 3 China Asia 57.6 55.7 3.40% 4 Spain Europe 56.7 52.7 7.60% 5 Italy Europe 46.1 43.6 5.70% 6 Turkey Europe 29.3 27 8.52% 7 United Kingdom Europe 29.2 28.3 3.20% 8 Germany Europe 28.4 26.9 5.50% 9 Malaysia Asia 24.7 24.6 0.60% 10 Mexico North America 23.4 23.3 0.50% Source: World Tourism Organization (UNWTO)

Iata Traffic Flows Between Regions Passenger 2.5 + 1.0 = 3.5 Billion Total Revenue 636 Billion USD Percentage of Total Scheduled Revenue Passenger-Kilometers 5

Tourism Development ( Turkey ) Number of Visitors 40,0 35,0 30,0 27,2 30,9 32,0 33,0 36,1 25,0 20,0 15,0 10,0 5,0 10,4 13,4 15,2 16,3 20,2 24,1 23,1 2002 2011 CHANGE 17. 6. +11-2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2002 2011 CHANGE 15.2 Million 36.1 Million %138 Source:Basın Musavırlıgı, Turkey 6

Tourism Development ( Turkey 2011/2012 ) Source: Tuik Border Gate by City 7

Aviation Market & Economy Turkish Market Growth Source: General Directorate of State Airports Authority (DHMI). (*)Some pax counted double by DHMI, CAGR: Compound Annual Growth Rate 30% 25% 20% 15% 10% 5% 0% -5% RPK Growth % 26,6% 22,9% 15,4% 14,1% 14,6% 19,1% 19,2% 19,4% 17,1% 13,3% 5,8% 2,0% -2,2% 5,9% 6,0% 8,5% 4,3% 5,9% 5,3% 2,4% 2001-4,3% 2002 2003-2,9% 2004 2005 2006 2007 2008 2009-1,1% 2010 2011 2012-10% -9,9% World RPK Growth THY RPK Growth 8

Market Share Among AEA Airlines 14% 12% 10% 8% 6% 4% 2% 6,1% 5,2% 4,8% 4,1% 2,83% 2,76% 2,80% 3,1% 3,7% 3,9% 4,2% 3,4% 3,3% 3,6% 4,1% 3,7% 3,3% 2,6% 2,9% 2,5% 2,6% 7,5% 5,6% 5,2% 8,2% 6,3% 6,0% 12,8% 10,3% 10,0% 8,7% 8,6% 10,0% 7,2% 8,4% 6,8% 0% 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 01 ASK % RPK % PAX% THY ranks Third in passenger; fifth in ASK and RPK market share among AEA member airlines. (2012) Source: AEA= Association of European Airlines (Scheduled Traffic) Final Results 9

Passenger Number Total Pax (Million) %19 12 10,3 10,4 10,4 12 14.2 16.9 19,7 22,6 26.9 29.2 32.9 38,5 46 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 T 10

Transfer Passengers Total transfer passengers accounted for 43% of the passenger traffic. %36 %50 12.709 9.338 759 786 1.022 941 1,130 1,114 1,563 2,229 3.129 4.445 5.147 6.238 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013T 11

Revenue & Operating Profit Income Statement (Mn$) 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013F Operating Revenues 1,539 1,362 1,961 1,898 1,964 2,318 2,834 3,737 4,719 4,552 5,448 7,072 8,118 9,749 Operating Profit -216-151 255 247 100 70 60 389 571 494 299 203 Net Income -111 7 231 162 75 103 125 204 874 362 185 11 Operating Profit Margin% -14% -11% 13% 13% 5% 3% 2% 10% 12% 11% 5% 3% Net Income Margin% -7% 0% 12% 9% 4% 4% 4% 5% 19% 8% 3% 0% ** 2013F :Forecasted 12

Frequancy Network Development 7.000 6.000 5.000 4.000 3.000 2.000 1.000 2005 14.1 Yolcu:10.4 m 2006 16,9m 2007 19.7m 2008 22,6 m 2009 25,1m 2010 29,1 m 2011 32,6 m 2012 38.5 m 2013 F 46 m 90 110 130 150 170 190 210 230 250 6833 Destination * The diameter of the sphere illustrates total annual passenger number ** 2012F is forecast.

Global Rankings 1 4 2 TK is the biggest airline which fly the most countries in the world TK is the second biggest airline which fly to maximum destinations from one hub. Source: OAG (2013 March) TK is the 4 th largest airline in terms of network size Airline Domestic International Destination UNITED AIRLINES 229 152 381 DELTA AIR LINES 218 102 320 AMERICAN AIRLINES 169 100 269 TURKISH AIRLINES 37 184 221 ISTANBUL - New Airport 150 Million Passenger Capacity 1. Phase will be completed by 2017 90 Million Passenger Capacity 2. Phase will be completed by 2023 14

AFRİKA 2002 THY Network 4 Destination 2003 - Current 30 New Destination Planned Destinations (9 Destination) 15

Europe 2002 THY Network 40 Destination 2003 - Current 25 New Destination Planned Destinations (12 Destination) 16

America 2002 THY Network 2 Destination 2003 - Current 5 New Destination Planned Destinations (8 Destination) 17

Middle East 2002 THY Network 11 Destination 2003 - Current 21 New Destination Planned Destinations (4 Destination) 18

Asia 2002 THY Network 18 Destination 2003 - Current 28 New Destination Planned Destinations (4 Destination) 19

Network Development 2002 THY Network 103 Destination (26 Dom, 77 Int) 2003 - Current 118 New Destination (Dom 11, Int 107) Planned Destinations (37 Destination) 20

Destination AFRICA (34) + 9 EUROPE (84) + 13 MIDDLE EAST (32) + 4 ABIDJAN (4) MISRATA (7) ACCRA (7) MOGADISHU (3) ADDIS ABABA (7) MOMBASA (5) ALEXANDRIA (4) NAUKCHETE(3) ALGIERS (7) NAIROBI (7) BENGHAZI (10) NIAMEY (3) CAIRO (17) OUAGADOUGOU (3) CAPETOWN 7) SHARM EL SHEIKH (4) CASABLANCA (7) SEBHA (3) DAKAR (3) TUNIS (10) DAR ES SALAAM (5) (7) TRIPOLI (14) DOUALA (7) YAOUNDE (4) DJIBOUTI (3) LIBREVILLE (3) ENTEBBE(5) ASMARA HURGHADA (3) LUANDA JOHANNESBURG(7) KANO KIGALI (5) ABUJA KINSHASA (5) LUKSOR KHARTOUM (7) ASWAN KILIMANJARO (5) NDJAMENA LAGOS (7) JUBA BAMAKO BUENOS AIRES (4) CHICAGO (7) LOS ANGELES (7) NEW YORK 14 (21) SAO PAULO (4) TORONTO (5) AMERICA (7) + 8 HOUSTON CARACAS MEXICO CITY BOSTON HAVANA SAN FRANCISCO WASHINGTON D.C. (7) MONTREAL BOGOTA Planned destinations (weekly frequency) AALBORG (3) EDINBURGH (4) (7) MOSCOW (28) TBILISI (17) (21) AMSTERDAM (28) EKATERINBURG (4) MUNICH (24) (28) THESALONIKI (7) ATHENS (21) FRANKFURT (28) (30) NAKHICHEVAN (4) TIRANA (10) (14) BAKU (28) GANJA (4) NAPOLI (5) (7) TORINO (5) (7) BARCELONA (21) GENEVA (21) NICE (7) (10) TOULOUSE (5) (7) BASEL (7) GENOA (5) (7) NOVOSIBIRSK (3) UFA (5) BATUMI (5) (7) GOTHENBURG (10) (14) NURNBERG (12) (18) WARSAW (4) BELGRADE (10) (14) HAMBURG (21) (28) ODESSA (11) VALENCIA (4) (5) BERLIN (24) (28) HANNOVER (14) (17) OSLO (12) (14) VENICE (17) (21) BILBAO (4) HELSINKI (12) (14) PARIS (28) VIENNA (28) BILLUND (3) KAZAN (4) PODGORICA (4) (7) ZAGREB (7) BIRMINGHAM (7) (10) KIEV (13) PRAG (12) (14) ZURICH (21) (28) BOLOGNA (14) LEFKOSA (21) +(19 AJET) PRISTINA (10) (14) CONSTANTA BREMEN (7) LEIPZIG (7) RIGA (6) TALLINN BRUSSELS (24) (30) LISBON (7) ROME (21) (25) VILNIUS BUCHAREST (21) LJUBLJANA (5) (7) ROSTOV (3) MARSEILLE BUDAPEST (14) LONDON (44) (45) SARAJEVO (10) (18) LUXEMBOURG CHISINAU (7) LVIV (3) SIMFEROPOL (7) SANTIAGO DE COLOGNE (10) (16) LYON (10) (14) SKOPJE (10) (14) COMPOSTELA COPENHAGEN (21) MADRID (14) (20) SOCHI (3) MALTA DONETSK (7) MALAGA (5) (7) SOFIA (11) KRAKOW DNEPROPETROVSK (5) MANCHESTER (10) (14) STOCKHOLM (21) ROTTERDAM DUBLIN (7) (10) MILAN (28) ST.PETERSBURG (4) SALZBURG DUSSELDORF (28) MINSK (4) STUTTGART (21) (24) LANKARAN FRIEDRICHSHAFEN NANTES ABU DHABI (6) MADINAH (14) ADEN (4) MASHAD (5) ALEPPO (7) MOSUL (3) (4) AMMAN (14) MUSCAT (7) BAGHDAD (7) NAJAF (3) (5) BAHRAIN (7) RIYADH (14) BASRA (7) SANAA (4) BEIRUT (21) SHIRAZ (5) DAMASCUS (7) SULAYMANIYAH (4) (5) DAMMAM (5) (7) TABRIZ (7) DOHA (8) (10) TAIF (3) DUBAI (14) TEHRAN (28) ERBIL(7) TEL AVIV (32) ERCAN (21) (35) YANBU (3) ISFAHAN (2) ABHA JEDDAH (21) GASSIM KERMANSHAH (2) AQABA KUWAIT (14) (28) AHWAZ FAR EAST (27) + 3 ALMATY (9) MALE (5) ASHKHABAD (14) MUMBAI (7) ASTANA (3) NEW DELHI (7) BANGKOK (14) (11) OSAKA (5) (7) BEIJING (7) OSH (3) BISHKEK (11) SEOUL (7) DHAKA (4) (7) SHANGHAI (7) DUSHANBE (2) SINGAPORE (7) GUANGZHOU (4) (7) TASHKENT (7) HO-CHI-MINH (7) TOKYO (7) HONG KONG (7) ULANBATOR (3) ISLAMABAD (3) COLOMBO (5) JAKARTA (7) KUALA LUMPUR KABUL (7) KATHMANDU KARACHI (4) MAZAR-I-SHARIF 21

Frequency and Number of Destinations Airline Destination Domestic International Europe*Middle East Europe*Africa America*Asia Europe*Asia TURKISH AIRLINES 221 36 185 2,656 2,822 488 2,407 A 206 17 189 1,484 2,014 988 2,544 B 183 12 171 858 1,872 1,134 1,248 C 114 34 80 742 14 406 70 D 118 1 117 589 589 366 1,302 E 132 1 131 585 845 700 1,235 F 119 1 118 495 693 583 1,254 G 97 6 91 360 360 33 432 H 174 22 152 335 2,412 580 1,005 I 381 229 152 130 26 3,256 832 J 156 112 44 64 - - 320 K 111 13 98 48 24 923 804 L 320 218 102 36 90 1,180 324 M 142 89 53 14-88 294 N 199 146 53 13-39 - O 145 93 52 12-175 408 P 168 59 109 8 54-48 R 153 96 57 6-188 276 S 268 169 99 - - 348 32 TK O&D Ranking in Europe-Africa Market : 1. TK O&D Ranking in Europe-Middle East Market : 1. TK O&D Ranking in Europe-Asia Market : 2. TK O&D Ranking in America-Asia Market : 9. Source: OAG March 2013 Asia includes Far East, South Asia, CIS. America*Asia includes Far East, South Asia, CIS, Middle East 22

Millionen Millionen Frequency Development Frequency Development (All Market) Frequency Based Intercontinental Market Share Development (Except Domestic) 4,0% 3,5% 3,0% 2,5% 2,0% 1,5% 1,0% 0,5% 0,0% 3,5% 2,6% 1,9% 2,0% 1,8% 1,7% 1,2% 0,4% 0,5% 0,6% 0,6% 0,7% 0,8% 0,8% 0,9% 2005 2006 2007 2008 2009 2010 2011 2012 16 16 15 15 14 14 13 13 8% 7% 6% 5% 4% 3% 2% 1% 0% 7,5% 7,0% 6,0% 5,9% 5,6% 5,8% 5,5% 2,4% 1,8% 1,9% 2,1% 1,0% 1,0% 1,0% 1,3% 2005 2006 2007 2008 2009 2010 2011 2012 1 1 1 1 1 0 0 0 THY Growth %131 World Growth % 13 Between 2005-2012 THY Growth % 337 World Growth % 46 Source: SRS *Including Central America,Caribbean,South America,Europe,Africa,Middle East,Asia,Australasia,North America intercontinental frequency, except domestic 23

Tausende Tausende Tausende Tausende THY Frequency Based Market Share Development EUROPE- AFRICA THY Growth % 612 Africa-Europe Growth % 60 EUROPE- MIDDLE EAST THY Growth %334 Europe-Middle East Growth %87 15% 10% 5% 0% 12% 13% 14% 11% 11% 8% 7% 1% 1% 2% 2% 3% 3% 3% 5% 2005 2006 2007 2008 2009 2010 2011 2012 200 150 100 50 0 15% 10% 5% 0% 9% 9% 10% 10% 10% 10% 8% 9% 9% 9% 9% 7% 4% 5% 5% 2005 2006 2007 2008 2009 2010 2011 2012 150 100 50 0 EUROPE- ASIA THY Growth %276 Europe-Asia Growth %58 AMERICA ASIA, MIDDLE EAST THY Growth ASIA %267, AMERICA %370 America-Asia Growth %28 10% 5% 0% 8% 8% 9% 7% 6% 7% 6% 4% 4% 4% 5% 2% 3% 3% 3% 2005 2006 2007 2008 2009 2010 2011 2012 300 200 100 0 6% 4% 2% 0% 3,64% 3,85% 3,97% 4,17% 4,20% 3,37% 2,15% 2005 2006 2007 2008 2009 2010 2011 2012 150 100 50 - Source: SRS TK Share Market Growth Rate (Normalized Curve) TK Frequecy Market Total Frequecy Linear Growth Rate

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