" ENVIRONMENTAL POLICY STATEMENT "

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For several years Petrofer Endüstriyel Yağlar Sanayi ve Ticaret A.Ş. has been successfully manufacturing and marketing high performance specialty products for application in a wide variety of industries.

As a member of the Association of Turkish Chemical Industries (VCI) and as a company conscious of its responsibilities to the community and the environment, we practice the philosophy of "responsible care".

Therefore we consider Petrofer Endüstriyel Yağlar Sanayi ve Ticaret A.Ş. to be an important member of Petrofer global organization.

We recognize that the environmental compatibility of our products and the quality of our customer service are now of equal importance to many customers as pricing and delivery. Consequently, our objective has been to integrate an effective environmental management system into our existing quality management system.

Through this environmental policy, Petrofer Endüstriyel Yağlar Sanayi ve Ticaret A.Ş. Management and employees are obliged to work to the rules laid down in our Environmental Management Manual. In doing so we guarantee a continuous improvement in regard to environmental protection and, therefore, all relevant legal provisions are considered as minimum requirements.

The aspects relevant to our location in İzmir have been accredited by an external audit. Important environmental aspects such as energy and water utilization, effluent, logistics and traffic movement have been analyzed and evaluated.

It is on the basis of this evaluation of environmental aspects that we have determined our company's goals in environmental protection for our site in İzmir.

We pledge ourselves and our employees to consider the following goals:

-Preservation of natural resources
-Safety at work
-Avoidance of emissions
-Introduction of environmental favorable processes
-Increased environmental awareness
-Preference for suppliers with environmental awareness

The fulfillment of these obligations is our company's goal which we believe will be reached by continuous improvement of environmental protection and by the responsible actions of our employees.

C.FISCHER           İ.Tamer TAŞKIN