Mandatory Tender Offer

News Release

Commercial Bank Applies for a Mandatory Tender Offer to Acquire the 4.16% of ABank's

Shares Remaining in the Public Domain

Doha, 28 July 2013 - Pursuant to the share purchase agreement dated 15 March 2013 by and between the Commercial Bank of Qatar ("Q.S.C.") ("Commercial Bank"), Anadolu Endüstri Holding A.Ş and its affiliates., Commercial Bank has acquired %70,84 of Alternatif Bank A.Ş on 18.07.2013 following receipt of the regulatory approvals.

Pursuant to the Communiqué of the Capital Markets Board regarding Tenders ( IV, No: 44), Commercial Bank is required to launch a mandatory tender offer for the shares of Alternatif Bank A.Ş. and Alternatif Yatırım Ortaklığı A.Ş as a result of the above mentioned share purchase transaction. Commercial Bank has applied to the Capital Markets Board for the launch of the mandatory tender offer of Alternatif Bank A.S. whilst seeking an exemption for the tender offer of Alternatif Yatırım Ortaklığı A.Ş based on Article 11(c) of the Communiqué of the Capital Markets Board regarding Tenders( IV, No: 44).

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For more information, please contact:

Qatari media International media

Mona Abdallah Neil Doyle

Head of Corporate Communications FTI Consulting

Commercial Bank Tel: +44 20 7269 7237 or +44 777 1978 220

Tel: +974 4449 0169 Email: [email protected]

Email: [email protected]

Notes to Editors

About Commercial Bank

Commercial Bank has total assets of QAR 85.4 billion as at 30 June 2013. As a full service commercial bank, the Bank offers a full range of corporate, retail and investment banking services as well as owning and operating exclusive Diners Club franchises in Qatar and Oman. The Bank's countrywide network includes 29 full service branches and 151 ATMs.

Profitable every year since incorporation in 1975, continual investment in technology and human capital, together with a strong capital base, provides a solid foundation for continued growth. A successful diversification strategy has expanded Commercial Bank's GCC footprint through strategic partnerships with associated banks, the National Bank of Oman (NBO) in Oman and United Arab Bank (UAB) in the UAE. NBO, the second largest bank in Oman with total assets of OMR 2.8 billion as at 30 June 2013, has 66 branches in Oman and 1 branch each in Egypt and in Abu Dhabi. UAB is headquartered in Sharjah, with total assets of AED 18.4 billion as at 30 June 2013, and operates 18 branches across the emirates in the UAE.

Commercial Bank enjoys strong credit ratings of (A) from Fitch, (A1) from Moody's and (A-) from Standard & Poor's. The Bank is listed on the Qatar Exchange and was the first Qatari bank to list its Global Depository Receipts (GDRs) as well as bonds on the London Stock Exchange. Additionally, Commercial Bank's Swiss Franc bond issuance in December 2010, listed on the SIX Swiss Exchange, was the first public bond issuance by a Qatari bank in Switzerland.

The Bank is dedicated to supporting Qatar's community and social infrastructure through Corporate Social Responsibility programmes and sponsorship of various events. Title sponsorship of the Commercial Bank Qatar Masters and the Grand Prix of Qatar Moto GP reflects the Bank's promotion of excellence in sports and its keen interest in enhancing Qatar's international sporting reputation. To reinforce Qatar's flourishing cultural environment, Commercial Bank is the strategic partner of the Katara Cultural Village. This collaboration symbolises the Bank's commitment to supporting cultural activities in Qatar and making the country a regional arts and cultural hub.

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