Expected Q4 2009 Financial Performance

Current account deficit is big; but basic balance OK... Exports & imports of goods & service, % GDP % GDP 60% 50% 40% 30% 20% 10% 0% 2004 2008 2009 H1 2005 2006 Exports G&S 2007 Imports G&S Net current transfers Current Account Deficit & Basic Balance, % GDP % GDP 5% 0% -5% -10% -15% -20% -25% 2004 2005 Current account decifit Source: National Bank of Georgia, Ministry of Finance of Georgia Labkon BANK OF GEORGIA www.bog.ge/ir Basic Balance (CAFDI) 2006 2007 2008 2009F January 2010 Page 11

View entire presentation