Intention to Pay Dividends for 2010

Costs Recurring operating costs 100.0 +3.4% 1H y-o-y 94.1 Employees 279 Q2 2010 2,968 93.3 91.0 4,911 393 90.0 80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0 1H 2005 1H 2006 1H 2007 1H 2008 1H 2009 1H 2010 49.9 40.3 45.8 ..lll 19.5 24.2 18.7 30.4 1.7 13.4 11.0 53.0 Q1 2010 2,825 5,048 621 Q4 2009 2,674 4,781 45.0 -1.7% 1H y-o-y 617 Q3 2009 2,669 4,798 707 Q2 2009 2,665 4,914 757 Q1 2009 2,692 4,964 786 Q4 2008 2,741 4,977 +8.5% 1H y-o-y 842 Q3 2008 3,853 6,196 49.0 45.2 836 Q2 2008 3,619 5,911 824 Q1 2008 3,056 4,926 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 Group Consolidated BoG Standalone BG Bank Personnel costs Other recurring operating costs Recurring operating costs GEL mln 60 50 50 40 40 +3.3% q-o-q +3.2% y-o-y 48.9 49.6 47.9 47.8 46.6 46.3 44.6 46.3 45.0 44.5 100 30 21.3 21.6 22.2 18.7 24.9 23.1 22.7 22.6 24.1 22.9 25.7 27.3 28.4 25.6 23.1 22.0 23.2 22.3 22.5 23.4 10 20 20 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010 ■Other Recurring Operating Costs 0 Q1 2008 Q2 2008 Q3 2008 Q4 2008 Personnel Costs Q1 2009 Lobko BANK OF GEORGIA www.bog.ge/ir Costs by segments Aldagi BCI, 8.0% GEL 3.8 mln (+13.9% q-o-q) BNB, 4.2% GEL 2.0 mln (+12.1% q-o-q) BG Bank, 8.9% GEL 4.2 mln (+7.1% q-o-q) Other, 11.0% GEL 5.3 mln (-16.8% q-o-q) BOG standalone, 67.9% GEL 32.5 mln (+5.6% q-o-q) October 2010 Page 28

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