PRESS RELEASEApril 24th, 2014

Otokar to launch NAVIGO U in Turkey at Busworld Turkey

Otokar, Turkish bus market leader for the fourth consecutive years, exhibited a wide variety of products ranging from 7-meter to 12-meter-longbuses at Busworld Turkey 2014. The company showcased its Navigo U,urban bus for disabled transportation, in Turkish market.

A company of Turkey’s biggest conglomerate, Koc Group, Otokar showcased its wide product family ranging from 7-meter to 12-meter-long buses in the Busworld Turkey 2014 International Trade Fair for Bus Industry and Accessories.In comply with the upcoming regulations in Turkey;Otokar launched its Navigo U bus, enabling transportation of 7 passengers with wheelchairs.

Speaking in Otokar press conference, Otokar Assistant General Manager H. Basri Akgul reminded that the company maintained its position as the leader in the bus market for fourth consecutive years. “2013 was a successful year for Otokar as we grew by 40 percent in turnover; and reached approximately USD117 million export. Our international bus sales to about 40 countries, predominantly in Europe, grew by 25 percent. We have utmost confidence in our business, as we touch the lives of millions every day with the busses we produce. As with Turkey, Otokar aims to become one of the key players in the European market,” Akgul said.

“In 2013, Otokar Europe has strengthened its position and is now fully operative. Last year we maintained our position in Turkish market as the most preferred bus brand. In Turkish bus market,one in every two urban busses and three in every five tourism-service busses was sold by Otokar. We achieved this success by listening to the needs and expectations of our customers and using this information to perfect our vehicles. In order to fulfill their needs, we constantly invested in R&D, more than 4 percent of our turnover is allocated for R&D in the last five years. We are proud to be selected “The Most Successful R&D Center” by Turkish Ministry of Science, Industry and Technology, and to receive accreditation for our EMC/EMI test laboratory.

We were awarded with very important orders forcity transportation in 2013. İstanbul Municipality - IETT (Istanbul Electricity, Tramway and Tunnel General Management) tenders were of particular importance for us. We delivered 900 busses to the IETT, and began providing maintenance and spare parts services to IETT’s garages, which will continue for five years” Akgul added.

Akgul also indicated that they had set challenging goals for 2014, saying, “We aim to maintain our four-year leadership in Turkish market, and become one of the key players in Europe’s leading bus markets.”

NAVIGO U for Turkish Market

Otokar introduced the Navigo U to Turkish market for the first time in Busworld. The Navigo U, which is used in many countries such as France, Germany, Italy and Spain since 2008, is now being introduced to the Turkish market in comply with the upcoming regulations that aim to help disabled people to be more active in daily life.

The bus has a capacity of up to seven disabled people and their wheelchairs. It was based on the small-sized Navigo-called Sultan in Turkey, Turkey’s best-selling bus, which reached a total production number of 15,000 in recent months.

Otokarshowcasebuses

Otokar is showcasing its successful product family of urban, tourism and city product families in Busworld. Based on the “Otokar All Around Your Life” concept, Otokar exhibited nine vehicles at its stand, designed as “Bus Terminal”, and “CitySquare”.

BUSSESDISPLAYED ONOTOKAR CITY SQUARE:

KENT C (KENT LF): 12-meter Kent C is the best-selling low floor bus in Turkey, and is on display in theexhibition in turquoise,the color of Istanbul private busses line. The award-winning Kent C, which features an EEV engine, offers variable setups to increase passenger capacity. The bus combines an independent front axle with a unique suspension and comfort while ABS, ASR, and disk brakes provide maximum safety.

VECTIO C (DORUK LE): Durability, low operating costs and high passenger capacity make the VECTIO C the best-selling bus in Turkey in the 9-meter category.VECTIO C is displayed in Busworld 2014 with its three-door model.

NAVIGO C (SULTAN MAXI CITY):A small sized bus with a length of 7.7 meters, NAVIGO C stands out with its low fuel consumption, reduced operating costs, and durability. The vehicle features a flat back area on the interior for the convenience of wheelchair users. Spacious doors allow easy entry and exit while an extendable ramp provides accessibility for all passengers.

BUSSES DISPLAYED ON OTOKAR BUS TERMINAL:

NAVIGO U(ENGELSIZ SULTAN MAXI)– New: Meeting Otokar’s high standards of performance, reliability, durability and comfort, the NAVIGO U has a passenger capacity of 31+1+1. The design allows variable setups based on the number of wheelchair users, ranging from 27 seated, 1 wheelchair user, driver to 7 seated, 7 wheelchair user, driver. Seats are placed on rails and designed for removal. The vehicle has enough room for 7 passengers on wheelchairs, and another 8 passenger seats. A lift systemfacilitates entry and exit of wheelchair users. Designed to be easy to use, this system involves the driver leaving the bus, opening the middle door, lowering the wheelchair lift and opening the safety barriers. The lift platform lowers to ground level to allow wheelchair access, and when the wheelchair user is securely positioned on the lift, the driver raises the platform, allowing the wheelchair user to enter the vehicle. NAVIGO Uis also fully compliant with the regulations.

TERRITO U (KENT U): Bringing a new approach to urban and service transportation, TERRITO U features a capacity of up to 76 passengers, both seated and standing. Driven by a 209 HP environmentally friendly engine that meets EEV standards, TERRITO U does not compromise on performance either.

VECTIO T (DORUK T): The latest favorite of tourism transportation of Turkey, VECTIO T is the leading medium sized bus in Turkey. VECTIO T is the obvious first choice when coaches’ operating costs are high and small size busses lack the required capacity. Suitable for both short and long trips with its comfort and luggage capacity, VECTIO T stands out with its low operating costs per passenger.

NAVIGO T (SULTAN MEGA):The 35-passenger NAVIGO T appears in Busworld as the newest addition to the NAVIGO family of vehicles. Introduced for tourism or short-range transportation, NAVIGO T was designed particularly for customers who is lacking in passenger capacity.

NAVIGO T (SULTAN S):Ideally placed for the service transportation industry with a passenger capacity of 27, NAVIGO T is the most affordable vehicle in the NAVIGO series. Stingy with fuel, strong on the climb and economical all-round, NAVIGO T offers excellent traction in every road condition with its 140 BG engine.

NAVIGO T (TEMPO): The newest bus of Otokar, TEMPO was designed for service and short-range transportation with the demands of Otokar users in mind. Focusing on basic requirements for comfort, TEMPO stands out with its reduced fuel consumption, low operating costs and affordable price. A 160-hp, 450 Nm, high-torque engine allows TEMPO to traverse steep climbs.

About Otokar

Otokar offers customer-oriented solutions using its proprietary technology and design capabilities. A member of the Koç Group, Otokar produces busses, trucks and semi-trailers for the commercial market.

For detailed information and contact:

Denis TOUBLANC

(33) 1 34 38 76 76,

Otokar Europe SAS

24-26 Rue du Noyer BP 41 - Parc Les Scientifiques De Roissy Lot A3 - 95700 Roissy en France