Management Target for 2010 Summary

Profitability & selected ratios Net Income (Loss) 40.0 31.9 28.3 Net loans/Client deposits 200.0% 20.0 16.8 180.0% 168.7% 160.6% 174.4% 5.1 2.6 160.0% 170.6% 147.8% 0.0 136.9% 140.3% Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 140.0% Q1 2010 131.9% 127.5% (20.0) 120.0% (40.0) 100.0% 80.0% (60.0) (59.0) 60.0% (80.0) 40.0% 20.0% (100.0) (102.3) 0.0% (120.0) Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Net interest margin (annualized) Cost Income Ratio* 12% 240% 9.8% 10% 8.9% 9.1% 10.1% 10.0% 9.3% 9.6% 9.8% 200% 8.1% 9.9% 9.1% 9.0% 9.3% 8%- 8.6% 9.0% 9.1% 8.1% 8.5% 160% 7.5% 8.0% 6% 4% 2% 0% Q4 2007 Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 -Net Interest Margin, Group Consolidated Lobko BANK OF GEORGIA www.bog.ge/ir 120% 80% 54.8% 56.9% 57.8% 58.8% 55.4% 52.7% 57.5% 56.7% 49.5% 47.3% 40% 49.5% 44.7% 44.8% 46.5% 46.5% 61.0% 51.8% 47.3% 43.1% 47.7% 44.5% 41.4% 48.9% 48.1% 48.9% 0% Q3 2009 Q4 2009 Q1 2010 Q1 2008. Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Net Interest Margin, BoG Standalone Cost/Income Ratio, Consolidated Cost/Income Ratio, Bank of Georgia Standalone -Cash Cost/Income Ratio, Consolidated *Normalized for Total Non- recurring costs May 2010 Page 36

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