REPUBLIC OF TURKEY

PRIME MINISTRY

PRIVATIZATION ADMINISTRATION

Hereby it is declared to the public that the Final Bidding Date regarding the “Edirne - İstanbul-Ankara Motorway”, “Pozantı - Tarsus - Mersin Motorway”, “Tarsus - Adana - Gaziantep Motorway”, “Toprakkale - İskenderun Motorway”, “Gaziantep - Şanlıurfa Motorway”, “İzmir-Çeşme Motorway”, “İzmir - Aydın Motorway”, “İzmir and Ankara Ring Motorway”, “Bosphorus Bridge”, “Fatih Sultan Mehmet Bridge and Ring Motorway” which shall be privatized by Republic of Turkey, Prime Ministry, Privatization Administration, (ADMINISTRATION) as a single package for a period of 25 years following the actual transfer date through the method of “Transfer of Operation Rights” in accordance with the provisions of the Law regarding the Privatization Practices numbered 4046, with their connection roads and the service facilities, maintenance and operation facilities, fee collection centers and the other units of good and service production and other assets located in such (MOTORWAY) which were under the responsibility of the General Directorate of Highways (GDH) and the construction, maintenance, reparation and running of which is conducted by GDH, is extended.

In the tender which is publicized with the announcements made as per 25 August 2011;

The bid bond amount required in order to submit the bid is amended from 200,000,000 (two hundred million) USD to 50,000,000 (fifty million) USD. However, the Administration will request an additional bid bond in the amount of 150,000,000 (one hundred fifty million) USD within the days determined and given by the Administration from the Bidder invited in order to sign the Agreement and the Agreement will be entered into with the Bidder who submits the additional bid bond amount.

Final Date for Application of Preliminary Qualification which was Tuesday, 24 April 2012 is amended as Thursday 28 June 2012, 16:00.

Final Bidding Date which was Thursday, 17 May 2012 is amended as Thursday, 09 August 2012, 16:00.

Other issues regarding the tender can be found in Tender Specifications.

Abovementioned issues are presented to the public’s attention.

 CONFIDENTIALITY UNDERTAKING

INVITATION TO INVESTORS

tender ANNOUNCEMENT CONCERNING THE PRIVATIZATION OF

MOTORWAYS AND BRIDGES

“Edirne-İstanbul-Ankara Motorway”, “Pozantı-Tarsus-Mersin Motorway”, “Tarsus-Adana-Gaziantep Motorway”, “Toprakkale-İskenderun Motorway”, “Gaziantep-Şanlıurfa Motorway”, “İzmir-Çeşme Motorway”, “İzmir-Aydın Motorway”, “İzmir and Ankara Ring Motorway”, “Bosphorus Bridge”, “Fatih Sultan Mehmet Bridge and Ring Motorway” with their connection roads and the service facilities, maintenance and operation facilities, fee collection centers and the other units of good and service production and other assets located in such (MOTORWAY) which were under the responsibility of the General Directorate of Highways (GDH) and the construction, maintenance, reparation and running of which is conducted by GDH shall be privatized by Republic of Turkey Prime Ministry Privatization Administration (Administration) as a single package for a period of 25 years following the actual transfer date through the method of “Transfer of Operation Rights” in accordance with the provisions of the Law regarding the Privatization Practices numbered 4046.

1.      The tender will be realized by receiving the bids submitted in sealed envelopes and by using the bargaining method at the tender negotiations.  In case it is found to be necessary by the Tender Commission (Commission) the tender process will be finalized through a public auction attended by the Bidders with whom the negotiations will be continuing.

2.      Offers shall be taken in and the tender shall be finalized over US Dollars.

3.      Only legal entities and joint venture groups can take part in the tender.  Real persons and private investment funds can only take part in the tender by participating in a joint venture group.  A joint venture group cannot be constituted only by real persons and private investment funds.  Execution of the Confidentiality Undertaking and the purchase of Tender Specifications and the Information Memorandum regarding the MOTORWAY are required for applying for preliminary qualification and participation in the tender.  While the purchase of the Tender Specifications and the Information Memorandum by a member of the joint venture group is sufficient for participation, each member of such joint venture group must sign a separate Confidentiality Undertaking.   

Legal entity and joint venture groups who wish to apply for preliminary qualification have to apply to the Administration beginning from the date of 12/09/2011 latest until 16:00 on 28/06/2012.  The applications which shall be made after this date and time shall not be accepted.  Administration reserves the right to extend this period. 

4.      After the Confidentiality Undertaking which can be obtained from the Administration’s belowmentioned address or the website www.oib.gov.tr is executed and submitted to the Administration by the persons authorized to represent the legal entity or the members of the joint venture group, a fee of 50,000 (fifty thousand) US Dollars shall be paid for the purchase of the Information Memorandum and Tender Specifications to the Privatization Fund US Dollar Account TR470001500158048000417474 at the T. Vakıflar Bankası T.A.O. Central Branch/ANKARA or an amount in Turkish Liras which shall be calculated in accordance with the Turkish Central Bank’s US Dollar Foreign Exchange Sale Rate declared at the payment date to the Privatization Fund TL Account TR220001500158007287550667 at the T. Vakıflar Bankası T.A.O. Central Branch/ANKARA.   The Information Memorandum and Tender Specifications can be obtained from the Administration’s address below with a “Certificate of Receipt” in return for the bank receipt indicating that the relevant payment has been made with the explanation of “Fee for the Information Memorandum and Tender Specifications for MOTORWAY”.  The deposited amount shall not be returned in any event.      

5.      The participants are required to submit a bid bond in the amount of 50,000,000 (fifty million) US Dollars in order to submit a bid. However, the Administration will request an additional bid bond in the amount of 150,000,000 (one hundred fifty million) US Dollars within the days determined and given by the Administration from the Bidder invited in order to sign the Agreement and the Agreement will be entered into with the Bidder who submits the additional bid bond amount.

6.      The bids of the participants who are after the preliminary evaluation found to meet the preliminary qualification criteria shall be prepared pursuant to the issues indicated in Tender Specifications and submitted to the Administration’s belowmentioned address by hand no later than 09/08/2012 at 16:00 within a closed envelope containing the phrase “TENDER OFFER REGARDING THE MOTORWAYS TENDER – CONFIDENTIAL” on its cover.  Bids delivered to the Administration after the indicated time and date at above will not be taken into consideration.

7.      Privatization procedures and transactions are not subject to the State Tender Law number 2886 and thus, Administration is free to finalize or cease the tender process, to extend the bidding period and to award the tender according to its discretion.  The transfer of the operation rights in the MOTORWAY to the parties domiciled abroad is subject to foreign investment legislation, as well as to other relevant legislation.  The legislation in this regard can be obtained from the Republic of Turkey Ministry of Economy General Directorate of  Incentive Practices and Foreign Capital.  

8.      Other issues relating to the tender can be found in the Tender Specifications.

REPUBLIC OF TURKEY

PRIME MINISTRY

PRIVATIZATION ADMINISTRATION

Ziya Gökalp Caddesi No: 80 Kurtuluş  06600 ANKARA

Phone : +90.312.585 81 70 and +90.312.585 80 00  Fax : +90.312.585 81 63

www.oib.gov.tr