Management Target and Financial Overview
Intention to pay dividends for 2010
# of Shares outstanding
31,252,553
27,154,918
25,202,009
31,306,071
YE 2006
YE 2007
YE 2008
YE 2009
The new dividend policy will serve to
further increase capital management
discipline as we consider investing in our
growth going forward
Estimated dividend payout for 2010
performance GEL 9.4 million
The Bank intends to propose
the establishment of a
progressive dividend policy
at the 2010 AGM
The intention is to
recommend GEL 0.30
dividend per share in 2011 in
respect of 2010 financial
year performance
Dividend payment is subject
to management achieving
2010 financial targets
outlined above
The Bank anticipates
increasing the dividend
payment in the future
The new dividend policy is to set dividend payments while taking into consideration the need to maintain proper balance between the
ability to finance growth and preserving progressive dividend
Loka
BANK OF GEORGIA
www.bog.ge/ir
Page 23
April 2010
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