Q1 2010 Financial Overview

Total Client deposits grew by 23.1 y-o-y% in Liabilities Client deposits GEL mln Q1 2010 (9.6% q- 2,000 0-q Wealth Management deposits +93..7% GEL mln 120.0 WM client deposits grew 1,395 1,394 10.8% q-o-q in 1,326 100.0 1,272 1,202 1,300 228.4 1,193 1,183 142.9 Q1 '10 1,133 233.2 145.7 81.6 81.6 1,025 180.7 RB client deposits 229.4 174.1 125.0 80.0 76.5 76.5 154.0 163.1 70.4 59.2% y-o-y 70.4 96.7 116.0 131.4 93.3 103.7 60.0 (30.4% q-o-q) in Q1 10 FCB client deposits 681.5 656.1 652.7 600 576.2 603.3 594.9 587.6 605.2 520.6 40.0 grew 14.6% y-o-y (20.7% q-o-q) in 363.6 403.4 326.0 319.0 280.4 285.0 331.2 376.1 414.7 20.0 Q1 10 -100 GEL 251 mln of Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 ■RB Client Deposits CB Client Deposits WM Client Deposits Other Retail banking deposits net Borrowed funds repaid in 12 GEL mln months period, resulting in 21.6% 500 decrease y-o-y 403.4 400 363.6 GEL 100 mln y-o- y decline in 300 Shareholders' equity due to 200 2009 loss associated with Ukraine, mark- 100 downs of real estate and investment Loka +47.9% 376.1 331.2 326.0 319.0 280.4 285.0 131.4 163.1 180.7 103.7 96.7 93.3 Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Borrowed funds 414.7 GEL mln 1500 1250 1000 903.6 947.8 795.1 750 500 250 -21.6% 1,137.8 1,162.8 1,011.4 918.6 913.3 912.0 0 0 Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 BANK OF GEORGIA www.bog.ge/ir May 2010 Page 30

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