You may kindly find the new regulations stated on the Exchange’s circular numbered 462 and dated October 8, 2014 below. For the full text of the up to date version of this Circular, please visit the following link:

http://www.borsaistanbul.com/data/bylaws/Circular_on_VIOP_Market_Operations.pdf

• A statement of “The Exchange approval for order matching on the Negotiated Deals Board may be given automatically” is added to the article “Negotiated Deals and Negotiated Deals Advertising Boards” of the Circular.
• Strike price intervals and strike price increments of single stock option contracts are updated. Depending on this update, the related provision is updated as “At least one of these contracts will start trading at five different strike price levels; one in-the-money, one at-the-money, and three out-of-money”.
• Provision relating to opening of strike price levels of BIST 30 Index and mini BIST 30 Index option contracts is updated as “For each maturity, at least seven strike prices such that two are in-the-money, one is at-the-money and four are out-of-the money shall be opened”.
• Implementation of changes in strike price levels of single stock, BIST 30 Index and mini BIST 30 Index option contracts and change regarding to automatic Exchange approval for the negotiated deals will be launched on October 16, 2014.

Please be informed and take the necessary actions.

Sincerely,

VIOP