London, 14 August 2015 -- Moody's Investors Service has announced today that the change of control of Turkiye Garanti Bankasi AS on 27th July 2015 would not, in and of itself and as of this time, result in the downgrade or withdrawal of the current ratings on outstanding notes issued by Garanti Diversified Payment Rights Finance Co. (the "Issuer"). Dogus Holding A.S., Ferit Faik Sahenk, Dianne Sahenk and Defne Sahenk transferred shares representing 14.89% of the Bank's paid-up capital to the BBVA Group and the share transfer was finalized on July 27,2015.

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