Bank of Georgia Financial Overview

Leveraged play on the growing Georgian economy through an LSE premium listed company With one third of the Georgian market by assets, loans and client deposits, Bank of Georgia is a uniquely placed growth bank in an underpenetrated, highly capitalised and profitable banking market that has been growing in terms of assets at 33% CAGR 2003-2011 Retail Strategic business Well established brand Largest retail franchise: 926,800+ retail clients, 164 branches, 431 ATMs, 703,000 cards outstanding as of 31 March 2012 Market shares of c.37% by retail loans and c.32% by retail deposits as of year end 2011 Corporate Largest corporate bank with more than 8,900 corporate clients; 41% market share by corporate deposits as of year end 2011 Wealth Management (WM) WM client deposits 2009-2011 CAGR growth of 66.9%; Outstanding WM client deposits of GEL 454.2 mln at 31 December 2011 Synergistic business Growth opportunities to support Strategic Business Insurance and Healthcare Strongly positioned to benefit from the growth of insurance and healthcare sectors through insurance subsidiary ABCI, one of the leading providers of life and non-life insurance in Georgia with c.33.4%* market share by gross premiums written Vertical integration with healthcare business to boost insurance business growth and its contribution to the Bank's income Affordable Housing Stimulate mortgage lending and improve liquidity of the repossessed real estate assets through housing development; pilot project successfully completed Non-core business Intention to exit from the non-core business over time BNB Belarus banking operation accounting for 2.2% total assets as of 31 December 2011 The Bank owns 80%, the remainder owned by IFC/World Bank Assets of US$ 56.0 mln and equity of US$ 21.9 mln as of 31 December 2011 Fully written off goodwill (GEL 23.4 mln) Liberty Consumer The Bank's equity interest of 67%, or GEL 17.0 mln Legacy asset management investments in the Georgian consumer-driven businesses such as wine production, supermarket chain, etc. *As of 30 September 2011 per NBG. Includes market share of newly acquired insurance company Imedi L International BANK OF GEORGIA www.bogh.co.uk www.bankofgeorgia.ge/ir May 2012 Page 4

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