BANK OF GEORGIA Financial Performance and Strategy

Net remittances Net remittances, 2004-2009 US$ mln 1000.0 900.0 800.0 5.4% 700.0 4.9% 600.0 4.2% 500.0 400.0 300.0 420.5 200.0 315.4 100.0 212.7 0.0 2004A 2005A Net remittances by countries, 2009 7.4% 8.0% 7.2% 7.2% Germany, 1.1%- 7.0% Kazakhstan, 0.9%- Other countries, 13.4% 6.0% Israel, 1.1% UK, 0.7%- 5.0% Turkey, 2.7%- 4.0% 917.9 755.4 766.5 3.0% Ukraine, 6.9% 2.0% Spain, 2.7% 1.0% 0.0% Greece, 7.7% 2008A 2009 2006A 2007A Net remittances (LHS) -Net remittances as % of GDP (RHS) Cumulative net remittances, 2004-2009 Russia, 54.5% USA, 8.5% Cumulative net remittances by countries, 2004-2009 Germany, 0.7%- Kazakhstan, 1.0%- Country US$ '000s % of total Russia 1,015,697 60.3% Israel, 0.9%- USA 126,199 7.5% UK, 0.7%- Other countries, 11.7 Greece 104,117 6.2% Turkey, 2.2%- Spain 39,469 2.3% Ukraine 109,517 6.5% Ukraine, 6.5% Turkey 36,513 2.2% UK 11,872 0.7% Spain, 2.3% Israel 15,761 0.9% Kazakhstan 16,306 1.0% Greece, 6.2% Germany 12,601 0.7% Other countries 196,299 11.7% Total USA, 7.5% 1,684,352 100.0% Source: National Bank of Georgia, National Statistics Office of Georgia Labkon BANK OF GEORGIA www.bog.ge/ir Russia, 60.3% April 2010 Page 13

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