Another Giant Step Towards Renewable Energy…

First Hydropower Plant of Akenerji Commissioned in Trabzon

ISTANBUL, July 1, 2010 - Akenerji, one of the Turkish leading private power producers,
commissioned its first Hydroelectric Power Plant (HPP) in Turkish Black Sea
province of Trabzon as an investment of the company along with its target of
attaining source diversity in energy production.

Akocak HPP, which was constructed at Arakli-Karadere basin in
Trabzon at a cost of 124 million dollars, is the first fruit of Akenerji's
investments on renewable energy sources in the last four years… Akenerji
plans to commission 4 other HPPs with a total installed capacity of about 205
MW in different regions of Turkey this year.

Akocak HPP, which is the result of unyielding efforts against
fierce natural conditions, represents the biggest step taken by Akenerji
towards transition to renewable energy.

Akenerji General Manager Ahmet Umit Danisman said they concentrated on
this type of investments to attain diversity of resources in production and
to add value to the country's economy by developing renewable energy
resources and Akenerji has become much stronger thanks to the partnership
founded in 2009 with CEZ of Czech Republic which has many affiliate companies
across 12 European countries and is the leader energy company of the Central
and Eastern Europe.

Danisman said they continued their investments on 8 hydroelectricity
plants with a total capacity of 373 MW, in addition to the current installed
capacity of 373 MW. "After completing our acceptance procedures at the
Ministry of Energy and Natural Resources, we started commercial generation of
energy at Akocak HPP Project whose construction had started back in August
2006. Akocak HPP is of great significance to us also due to its being the
first fruit of our HPP investments that have been going on for 4 years. This
year, we will commission our Uluabat, Burc, Bulam and Feke 2 power plants
which jointly have a total installed capacity of about 205 MW. This will be
yet another giant step towards providing renewable energy. Thanks to these
power plants to be commissioned subsequently, we will have prevented carbon
emissions at an amount of 646 thousand tons, which is equivalent to 31
million trees, each year" he said.

Akocak Hydroelectric Power Plant has 81 MW installed capacity and will
produce 257.44 GwH of electricity per year, which makes it Akenerji's second
biggest HPP investment after Uluabat HPP with 100 MW installed capacity.

    Ozlem DAGGEZ
    Pazarlama Iletisimi Grup Koordinatoru
    Group Coordinator, Marketing Communications
    Unite Iletisim ve Tanitim Hizmetleri
    T. +90-212-272-93-13
    F. +90-212-272-93-33
    Ozlem.Daggez@unite.com.tr
    www.unite.com.tr

Ozlem DAGGEZ, Pazarlama Iletisimi Grup Koordinatoru, Group Coordinator, Marketing Communications, Unite Iletisim ve Tanitim Hizmetleri, T. +90-212-272-93-13, F. +90-212-272-93-33, Ozlem.Daggez at unite.com.tr