Turkcell Subsidiary Intends to Buy Digital Platform

ISTANBUL, Turkey--(BUSINESS WIRE)--Sept. 4, 2003--Turkcell (NYSE:TKC, ISE: TCELL), the leading provider of mobile communications services in Turkey, today announced that Turktel, a wholly owned subsidiary of Turkcell, intends to buy a majority stake in Digital Platform, the leading digital satellite TV broadcaster in Turkey.

Turkcell's Board of Directors today unanimously authorized Turkcell management to enter into discussions regarding the purchase of 72.6% of Digital Platform from Yapi ve Kredi Bankasi A.S. and its subsidiaries. Completion of the purchase is contingent on the satisfaction of several conditions such as agreement on the fair-value assessments and opinion to be provided by a third party, due diligence report, obtaining necessary approvals and board approvals as well as signing the final share purchase agreement.

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www.turkcell.com.tr

About Turkcell

Turkcell is the leading GSM operator in Turkey with approximately 17.2 million postpaid and prepaid customers as of June 30, 2003. Turkcell had revenues of US$ 1,074.8 million as of June 30, 2003. Turkcell provides high-quality wireless telephone services throughout Turkey and has coverage of 100% of the towns with more than 10,000 inhabitants. At the end of 1999, Turkcell became the first GSM operator in Turkey to be awarded the prestigious ISO 9001 certificate for the quality of its service. Turkcell is the only NYSE listed company in Turkey.