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2014-05-02

Second of the Forum Series "Istanbul: Regional Hub, Global Actor," Hosted by Borsa Istanbul Was Held in New York City

The second of the forum series entitled "Istanbul: Regional Hub, Global
Actor," organized as part of the vision to make Istanbul a regional and
international financial center, was held in New York City with the
participation of prominent names from the Turkish and global business world
on Tuesday, April 22.

At the Forum, Borsa Istanbul Chairman and CEO Ibrahim M. Turhan talked about
the development of the Turkish economy in the last decade, Borsa Istanbul's
collaborations and future targets.

NEW YORK and ISTANBUL, May 2, 2014 (GLOBE NEWSWIRE) --Borsa Istanbul's
"Istanbul: Regional Hub, Global Actor Forum
,"
the first of which was held in Washington D.C. last year as part of Istanbul
International Financial Center project, took place in New York City onApril
22, 2014
.

Turkey's opportunities and competitive advantages were shared with high
profile participants at the Forum, at whichBorsa Istanbul Chairman and CEO
Ibrahim M. Turhan, NASDAQ OMX Group Vice
Chairman Meyer 'Sandy' Frucher, Citi Global Government Affairs Managing
Director Charles R. Johnston
andBC Partners Managing Director Nikos Stathopoulos
delivered speeches. The Forum moderator wasIstanbul Financial Center
Initiative Chairman Dr. Artunç Kocabalkan.

Borsa Istanbul Chairman and CEO Ibrahim M. Turhan: "According to the global
financial centers index, Istanbul ranks 47th, and in terms of annual traded
value, it ranks 8th among emerging markets."

In his speech,Borsa Istanbul Chairman and CEO Ibrahim M. Turhan
talked about the current status of the Turkish economy, and the steps that
Borsa Istanbul took in the last couple of years and its targets, saying "A
public company only a couple of years ago, we are now a globally attractive
trademark. As a former academician, I can say that in the last decade, Turkey
improved her income distribution in a period of fast growth thanks to the
social policies implemented by the government. During 2002-2011, GDP grew
significantly. We are now predominantly an export country; today Turkey's
export volume is in excess of US$ 150 billion. Today, Istanbul ranks 47thin
the global financial centers index, versus its 74thrank in 2011. Among
emerging markets, Borsa Istanbul ranks 8thin terms of traded value. Unlike
its competitors, Turkish economy is not dependent on commodities, or one or a
few industries; it is a very well diversified economy".

Dr. Turhan also touched upon Borsa Istanbul's collaboration efforts, saying,
"We all know about marketing formula. For Borsa Istanbul, our formula is
4C-1S. The four C's stand for Capacity, Connectivity, Competition, Capital,
and S stands for Specialty. As part of this whole process, we attach great
importance to collaborations on the way to making Istanbul an international
financial center. One of these collaborations is the initiative that we took
with NASDAQ OMX in early 2014. As a result of the formula and strategic
partnerships that I've mentioned, we would like to convert the company, once
a public company that had no profitability issues on its agenda, into a 100%
profitable company".

Meyer 'Sandy' Frucher: "We want to increase the overall presence of the
Turkish capital markets and products internationally."

NASDAQ OMX Vice Chairman Meyer 'Sandy' Frucher stated that Turkey is one of
the big and growing capital markets in Europe and it has huge potential,
adding that there have been big changes in the background with the new
capital markets law and the formation of Borsa Istanbul, convening all
markets under a single roof. Frucher went on to say, "Turkey is quite well
positioned to become a regional hub for trading. There is no other exchange
that has realized its vertical and horizontal integration within a period of
1.5 years only. I mean not only among emerging markets, but among developed
markets as well. I can confidently say that Borsa Istanbul has done a great
job. In line with these developments, Istanbul is making sound steps towards
becoming an international financial center. We want to increase the overall
presence of the Turkish capital markets and products internationally. We'll
work with them and see how we can collaborate and attract additional flow as
well as expand with some of our other big partners around the world".

Charles R. Johnston: "Turkey's aspiration and dedication to join the European
Union has been an engine for commercial and legislative reforms."

In his speech at the Forum,Citi Global Government Affairs Managing Director
Charles R. Johnston
said: "Turkey's aspiration and dedication to join the European Union has been
an engine for commercial and legislative reforms that have taken the country
down a path of transition and modernization. Today, Istanbul is poised to
become a financial center that can help not only serve the capital needs of
Turkey, but also those of other countries in the region where demographic and
competitive conditions are demanding more investment, higher trade volumes
and infrastructure development that will lead to job growth and wealth
creation."

Nikos Stathopoulos: "Stability in Turkey will increase the attractiveness of
the country."

BC Partners Managing Director Nikos Stathopoulos
stated in his speech that Turkey has significant potential to attract foreign
investment as it is a large, growing and healthy economy, has attractive
demographics, a stable tax and regulatory regime, well capitalized and
properly regulated banking system and a liquid and well developed stock
market. Stathopoulos went on to say, "Stability in its currency and the
political and geopolitical situation will increase the attractiveness of the
country to long term patient capital which can further support its growth".

AAFinance followed the Forum

Istanbul: Regional Hub, Global Actor Forum
brought Turkish and global business world together with the support ofTurkish
Airlines
andAnadolu Agency
and was hosted byBorsa Istanbul.
The Forum was broadcast live from the linkwww.aafinans.com.

Manifesto

Ozan Öcal /ozano@manifesto.tc/ 90 555 870 6777

Ümit Kanoglu /umit@manifesto.tc/ 90 507 318 4280

Zuhal Gürdamar /zuhal@manifesto.tc/ 90 507 789 8905

Göze Kolunan /goze@manifesto.tc/ 90 507 789 8918

Emek Kaplangil/emek@manifesto.tc/ 90 507 789 8935

Muzaffer Ergun /muzaffer@manifesto.tc/ 90 507 789 8921

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Borsa Istanbul via Globenewswire

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