Economy Annex

Introduction to Bank of Georgia The leading universal bank in Georgia No.1 by assets (35%), (¹) gross loans (33%), (¹) client deposits (30%) (¹) and equity (40%) (¹). June 2010 YTD market share gain 2.1% Assets of GEL 3.5 bn (USD 1.9 bn), Net Loans of GEL 2.0 bn (USD 1.1 bn), Client Deposits of GEL 1.5 bn (USD 0.8) and Equity of GEL 649.3 million (USD 352.1 bn) 40% 35.4% 35.1% 32.9% 33.0% BOG Market Share by Assets 27.9% 30% 17.2% 19.0% 17.8% 20% 10% 0% 2003 2004 2005 2006 2007 2008 III 2009 Q2 2010 Leading retail banking, with top brand, best distribution network and broadest range of services of any bank in Georgia. Number of Retail Clients 714,400, Number of Branches 137, ATMs 387 Leading corporate bank with approximately 88,100+ legal entities and over 164,800+ current accounts Leading wealth management, insurance, brokerage, leasing and card-processing services provider Banking operations in Ukraine (BG Bank) and Belarus (BNB) account 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$ 438 mln as of 1 October 2010 Approximately 95% free float Issue of the first ever Eurobonds in Georgia Bloomberg: BKGEO; 5 year, 9%, US$200 mln (US$ 50 mln bought back) B/Ba2/B (composite B+) (1) All data according to the NBG as of 30 June 2010 Ownership Structure Institutional Shareholders* 92.9% Local Shares Held by Domestic and Foreign Retail Shareholders 3.8% Management and Employees** 3.3% *through BNY Nominees Limited **includes GDRs held as part of EECP LOLO BANK OF GEORGIA www.bog.ge/ir October 2010 Page 2

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