Yapı Kredi Investor Presentation

Accelerated branch openings expected to providestronger value creation• Number of branches is rapidly expanding….• … with room for further expansion: 500 newbranches and 11,000 employees in ‘06• … 500 new branches and 10,640 employeesfurther added to the sector as of Sept 07 YTDYAPI KREDİ IS READY TO EXPLOIT THIS POTENTIAL2002 2006• Strong capability and drive of YKB to reach break-evenNO OF BRANCHES IN TURKEY6,1066,849• Favorable market conditions in terms of branch profitability• Accelerated branch openings of up to 350 branches in 3 yearsunder consideration vs existing plan of 1007,366Sept 07BRANCH PENETRATIONCorrelation = 90%NLTR, 2006UKCH0 10 20 30 40GDP per capitaGermanyFranceItalyBRANCH PROFIT ANDVOLUMES: BENCHMARKINGBelgiumSpainPortugalTurkey ‘06Retailprofit/branchEUR Thousands163134309241383334431Retail volumes/branchEUR Million22194231295668133