Q1 2010 Financial Overview

Total assets Assets increased by 7.2% Total assets Loan book, gross BNB, 1.7% 88.5% of total loan book collateralized q-o-q in Q1 2010 GEL mln 4,000 Gross loans 3,500 3,400.7 3,147.7 3,154.3 3,258.9 3,186.8 3,124.1 BG Bank, 9.4% increased by 5.7% 2,907.8 2,980.2 3,000 2,913.4 q-o-q in Q12010 2,500 2,000 ☑Standalone Gross 1,500 loans grew 6.0% q-o-q in Q1 2010 1,000 2,106.7 1,855.7 2,189.4 2,059.7 2,046.8 1.904.7 1,833.1 1,851.9 1,957.3 500 RB & WM, 45.3% 0 Liquid funds Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 increased by GEL 73.3 mln, 10.6%, Gross loans to GEL 767.1 mln Corporate loan book breakdown, BoG Standalone in Q1 2010 Pharmaceuticals GEL 317.7 mln of excess liquidity at and Healthcare, 2% 97% of total corporate loan book collateralized Q1 2010 Other, 6% Industry & State, 17% Trade, 32% Construction & Real Estate, 19% Energy, 9% FMCG, 15% Lobko BANK OF GEORGIA www.bog.ge/ir CB, 43.6% Retail loan book breakdown, BoG Standalone Micro loans, 14% 91% of total retail loan book collateralized Credit cards and overdrafts, 16% Mortgage loans, 43% Consumer and other, 27% May 2010 Page 28

View entire presentation