ENERJISA AND GERMAN INVESTMENT BANK KFW SIGN LOAN AGREEMENT

27.06.2001

The signing ceremony for the loan agreement of foreign financial source with an amount of “LONG TERM 167 Million Euro” that is to be used by Enerjisa Enerji Üretim A.Ş. for the construction of three combined cycle autoproduction power plants in Adana, Mersin and Çanakkale with total installed capacity of 250 MW, is to be held on June 28th, 2001 at Sabancı Center.

The ceremony will be conducted with the participation of the Chairman of Sabancı Holding Mr. Sakıp SABANCI, and the CEO of Sabancı Holding Mr. Hazım KANTARCI, and the loan agreement will be signed by the Chairman of Enerjisa Ms. Güler SABANCI in the name of Enerjisa, and First Vice President Dr. Norbert KLOPPENBURG and Vice President Mr. Karl Heinz WELLMAN in the name of KFW.

The acquired loan will be utilized in aforementioned investments that will remedy the electricity energy problem that threats Turkey currently. Moreover, that the loan has been granted in spite of the economic crisis increases the importance of this agreement.