Management Target for 2010 Summary

Baku-Supsa oil pipeline Caspian Sea Kazakhstan Trans-Caspian gas pipeline (proposed) Azerbaijan Sangachal Türkmenbasy Terminal Georgia's Economy – Basic Facts Area: 69,700 sq km - Population: 4.4 million (as of January 1, 2009) Life expectancy: 76.5 years Official language: Georgian Literacy: 100% Capital: Tbilisi Currency (code): Lari (GEL) GDP (2009A): US$10.7 billion GDP real growth rate 2009A: -3.9% GDP real growth rate 2010F: 2% GDP per capita 2009A (market): US$ 2,450 GDP per capita 2009F (PPP): US$ 4,747 Current account deficit 2009: US$ 1.1bn, 11.9% of GDP Budget Deficit 2009E: 9.5% of GDP White Stream (proposed) Nabucco gas pipeline to Central Europe (planned) Russia Georgia Supsa Baku-Tbilisi-Ceyhan oil pipeline Armenia Baku-Tbilisi-Erzurum Erzurum gas pipeline Iran Turkey Cehyan Iraq Syria Budget Deficit 2010F: 7.3 % of GDP Inflation rate (October, 12-month rate) 2009: 3.2% External public debt / GDP 2009E: 27% Sovereign ratings: Fitch B+/Stable S&P B/B Lobko BANK OF GEORGIA www.bog.ge/ir Turkmenistan May 2010 Page 4

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