Q3 2009 Results Overview

208.4% 138.3% 40.0 19.0 32.1 115.9 million 0.0 Q1 2008 Q2 2008 Consolidated NPLs of GEL 139.8 million improved by 6% q-0-9 driven by 2.4% q-o-q decrease Loan portfolio quality NPLs Consolidated 160.0 120.0 554.4% 104.6 148.8 -6.0% 139.8 Will of Bank of Georgia Standalone NPLs GEL 80.0 64.3 169.1% 129.3% 104.2% 124.2% 600.0% 300.0% Loan loss reserve, Consolidated 200.0 9.5% 10.0% 8.1% 6.3% 6.6% 5.0% 100.0 5.0% 173.7 129.0 108.8 135.2 155.1 2.1% 2.1% 23.3 39.6 44.4 0.0 0.0% 0.0% Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q1 2008 Q2 2008 Q4 2008 Q3 2009 Q3 2008 Loan loss reserves Reserve for loan losses to gross loans, BoGconsolidated Q1 2009 Q2 2009 Q3 2009 NPLs NPLs, BoG Standalone NPL Coverage Ratio GEL mln 140.0 Loan loss reserve, BoG Standalone 6.9% 7.0% 8.0% GEL mln 120.0 6.8% 7.5% 8.0% 6.7% 70.0 3.2% 41.1 4.7% 51.3 61.4 4.0% 60.0 5.5% 43.1 36.4 4.9% 83.6 38.2 45.2 4.0% 1.7% 1.7% 41.6 1.2% 1.3% 67.4 54.5 2.0% 1.9% 2.0% 22.4 46.3 67.9 67.9 16.6 11.3 10.9 10.8 57.7 22.7 8.7 8.1 9.7 12.0 11.4 16.3 49.8 0.0 0.0% 29.8 22.2 Q4 2007 Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 16.5 Q3 2009 14.5 0.0 0.0% RB & WM Q4 2007 01 2008 Q2 2008 CB % of Gross loans. Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 RB & WM CB - Loan loss reserve as % of gross loans Lobko BANK OF GEORGIA www.bog.ge/ir January 2010 Page 45

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