Q1 2010 Financial Overview

Trade structure WTO member since Import structure by country, Q1 2010 2000 No quantitative restrictions on trade Simplified customs regime since August 2006, new customs code becomes effective in January 2007 One of the two beneficiaries of the Kazakhstan, 1.6% Armenia, 0.9% Turkmenistan, 1.1% USA, 4.3% United Arab Emirates, 3.4% China, 6.6% Others, 13.2% EU Countries, 27.1% Export structure by country, Q1 2010 China, 1.3%- United Arab Emirates, 1.4% Kazakhstan, 1.1%- Russia, 0.8%- USA, 8.1% Other, 11.6% Turkey, 15.6% Armenia, 9.3% EU Countries. 24.2% Russia, 6.9% Ukraine, 10.5% Turkey, 15.6% Azerbaijan, 8.9% Import structure by product, Q1 2010 EU GSP+ Scheme in the CIS since 2006, granting local companies the right to export 7,200 categories of goods duty-free FAs of November 2007 Georgia has entered into a free trade agreement with Turkey US-Georgia charter on strategic partnership envisions an update of Bilateral Investment Treaty, expansion of Georgian access to the General System of Preferences and the possibility of entry into Free Trade Agreement Sugar, 1.8% Paper, 2.1%- Ferrous Metal Products, 3.4% Oil & Gas, 17.9% Others, 32.6% Mechanical Equipment & Electrical Machinery, 15.2% Vehicles, 9.6% Ferrous Metals, 2.5% Plastic, 2.8% Cereals, 3.9% Pharmaceuticals, 4.5% Apparel & footwear, 3.7% Source: National Statistics Office of Georgia www.bog.ge/ir LOLE BANK OF GEORGIA. Page 18 Ukraine, 6.0% Canada, 6.8% Azerbaijan, 13.6% Export structure by product, Q1 2010 Others, 25.3% Ferrous Metals, 23.6% Vessels & Aircraft, 1.5% Pharmaceuticals, 1.9% Oil & Gas, 4.0%- Equipment & Rail Cars, 2.6% Fertilizers, 5.1%- Cement, 1.1%- Vehicles, 12.4% Beverages, Spirits Gems & Preciou res, 7.1% Stones, 7.0% & Vinegar, 8.3% May 2010 Page 18

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