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Ratings

Bank Credit Notes

Fitch Ratings
Long Term Issuer Default Rating - FC BBB- (Stable)
Short Term - FC F3
Individual D
Support 2
Long Term Issuer Default Rating - Local Currency BBB- (Stable)
Short Term - Local Currency F3
National AAA (TUR) (Stable)

Moody's
Foreign Currency Ba1 (Stable)
Local Currency Ba1 (Stable)
Financial Strength D

Moody's Rating Reports dated February 2008

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