RNS Number:7868O
Turk Ekonomi Bankasi A.S.
18 August 2003


Name of the Company        :   Turk Ekonomi Bankasi A.S. (TEB)
Address                    :   Meclisi Mebusan Caddesi, 35 80040 Findikli/Istanbul
Telephone                  :   +90-212-251 21 21
Fax                        :   +90-212-249 65 68





                                                       Istanbul, August 18, 2003





Our Bornova, Izmir Branch has started its operation as of August 18th, 2003 at
the below stated address, phone and fax numbers:



Address  :        Mustafa Kemal Cad. 132/1  Bornova 35041 Izmir

Phone number : (90) 232 343 84 85

Fax Number    : (90) 232 343 62 52







We declare that the foregoing explanations are in accordance with the principles
set forth in the Regulation Series VIII, No. 39 of the CMB; that it reflects all
information we have received in connection with this matter, that the
information is in accordance with our books and records, that we have spent all
required efforts to obtain accurate and complete information and that we are
responsible for this explanation.












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