Q1 2010 Financial Overview

Introduction to Bank of Georgia The leading universal bank in Georgia No.1 by assets (34.3%), (¹) gross loans (32.7%), (¹) client deposits (29.9%) (¹) and equity (39.3%) (1) Assets of GEL 3.1 bn, Net Loans of GEL 1.8 bn, Client Deposits of GEL 1.4 bn and Equity of GEL 611.7 million Leading retail banking, with top brand, best distribution network and broadest range of services of any bank in Georgia Number of Retail Clients Retail Accounts Cards Outstanding Branches ATMs March 2010 December 2009 September 2009 732,900+ 730,800+ 700,000+ 996,500+ 999,000+ 895,000+ 570,600+ 537,000+ 569,000+ 140 141 140 379 382 394 Leading corporate bank with approximately 85,500 legal entities and over 157,600 current accounts Leading card-processing, leasing, insurance, wealth management and brokerage services provider Banking operations in Ukraine and Belarus, with BG Bank (Ukraine) and BNB (Belarus) accounting for less than 10% of BoG's consolidated total assets The only Georgian entity with credit ratings from all three global rating agencies S&P: 'B/B' at the sovereign ceiling Fitch Ratings: 'B/B' Moody's: 'B3/NP (FC)' & 'Ba3/NP (LC)' Listed on the London Stock Exchange (GDRs) and Georgian Stock Exchange Market Cap (LSE) US$ 396 mln as of 14 April 2010 Approximately 95% free float Issue of the first ever Eurobonds in Georgia Bloomberg: BKGEO; 5 year, 9%, US$200 mln B/Ba2/B (composite B+) Ownership Structure Management & Employees**, 6.2% Local Shares Held by Domestic and Foreign Retail Shareholders, 2.5% Institutional Shareholders*, 91.3% (1) All data according to the NBG as of 31 March 2010 LOLO BANK OF GEORGIA www.bog.ge/ir * 5.8% of total shares outstanding held in local shares ** Includes GDRs held as part of EECP May 2010 Page 2

View entire presentation