Investor Presentaiton

Loka US$ mln US$ mln Current Account Deficit Exports and Imports* Remittances Exports of goods & services CAGR ('04-09): 14% Imports of goods & services CAGR ('04-'09): 16% 7,499.0 8,000 7,000 6,000 5,000 4,412.9 4,000 3,318.1 3,000 2,492.8 2,551.6 1,865.3 2,187.5 2,000 1,646.9 420.5 1,288.5 315.4 212.7 1,000 165.8 0 2003 2004 *Export and Import of goods and services Source: Central Bank of Georgia Current Account Deficit Donor inflows (DI) 5,916.9 3,182.4 755.4 5,266.8 6,153.7 3,688.4 3,800.5 950.0 3,199.2 917.9 766.5 2005 2006 2007 2008 2009 2010F Total private capital inflows (TPCI) CAD CAD as % of GDP CAD+TPCI+DI as % of GDP 5,000 20.0% I 4,000 14.1% 15.0% 7.7% 3,000 5.6% 79% 1.7% 3.1% 5.5% 4.7% 10.0% 2,982.4 2,000 1,698.4 5.0% 1,000 734.8 351.0 479.6 0 98.3 160.3 176.7 -6.9% (709.5) -1,000 (383.3) (353.5) 1,508.1 261.7 (1,174.6) 2,291.8 276.2 (2,008.7) 1,423.4 0.0% 942.0 (2,915.3) 1,092.6 (1,274.3) 658.0 (1,544.3) -5.0% I -10.0% -9.6% -11.1% -2,000 -11.9% -15.0% -15.1% -13.6% -3,000 -20.0% -19.7% -4,000 -22.8% -25.0% 2009 2010F 2003 2004 2005 2006 2007 2008 Donor Inflows include both public and private sectors. Donor inflows in 2009 adjusted according to the banking sector foreign debt outflows Source: Central Bank of Georgia, Minister of Finance of Georgia BANK OF GEORGIA www.bog.ge/ir September 2010 Page 10

View entire presentation