Q1 2010 Financial Overview

Net remittances Net remittances US$ mln 1000.0 900.0 800.0 5.4% 700.0 4.9% 600.0 4.2% 500.0 400.0 300.0 200.0 420.5 315.4 100.0 212.7 0.0 2004A 2005A Net remittances by countries, Q1 2010 Other countries, 13.1% 7.4% 8.0% 7.2% 7.2% Germany, 1.1% Kazakhstan, 0.2%- 7.0% 6.0% Israel, 1.0% UK, 0.7%- 5.0% Turkey, 2.9% 4.0% 917.9 Ukraine, 6.6% 755.4 766.5 3.0% 2.0% Spain, 3.0% 1.0% Greece, 8.0% 0.0% 2006A 2007A 2008A 2009 Net remittances as % of GDP (RHS) Net remittances (LHS) Cumulative net remittances, 2007 Q1 2010 Country Russia USA Greece Spain Ukraine Turkey UK Israel Kazakhstan Germany Other countries Total Russia, 55.2% USA, 8.3% Cumulative net remittances by countries, 2007-Q1 2010 Germany, 0.7% Kazakhstan, 1.0%- Israel, 0.9%- UK, 0.8%- Other countries, 10.5% US$ '000s % of total 1,601,669 61.1% 254,739 9.7% 143,656 5.5% Turkey, 2.1%- 73,086 2.8% Ukraine, 4.9% 127,481 4.9% 54,815 2.1% Spain, 2.8% 21,417 0.8% Greece, 5.5% 24,063 0.9% 27,031 1.0% 18,335 0.7% 275,143 10.5% USA, 9.7% 2,621,437 100.0% Source: National Bank of Georgia, National Statistics Office of Georgia Labkon BANK OF GEORGIA www.bog.ge/ir Russia, 61.1% May 2010 Page 14

View entire presentation