Fiscal and Loan Portfolio Analysis

Total Client deposits grew by 7% in 2009 WM client Liabilities Client deposits GEL mln 2,000 Wealth Management deposits GEL mln 120.0 100.0 deposits grew 1,395 68.6% in 2009 1,326 1,277 81.6 1,300 1,202 1,193 1,183 1,133 80.0 76.5 (24.1% q-o-q in 70.4 1,025 Q4 '09) 60.0 RB client deposits 681.5 grew 19.3% in 652.7 587.6 600 576.2 626.7 594.9 605.2 40.0 519.0 2009 (14.9% q-o- q in Q4 2009) FCB client deposits declined 6.7% in 2009 (1.2% q-o-q in Q4 2009) 363.6 403.4 20.0 326.0 319.0 280.4 285.0 331.2 380.5 -100 Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 ■RB Client Deposits CB Client Deposits Q2 2009 Q3 2009 Q4 2009 WM Client Deposits Other Retail banking deposits GEL 225 of Borrowed funds GEL mln repaid in 2009, 500 105.2 96.7 93.3 131.4 163.1 Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Borrowed funds GEL mln 1500 resulting in 20% decrease y-o-y 403.4 400 363.6 GEL 100 mln decline in 300 380.5 331.2 326.0 319.0 280.4 285.0 1000 903.6 947.8 795.1 1,137.8 1,162.8 1,011.4 918.6 913.0 Shareholders' equity in 2009 200 due to 2009 loss 500 associated with 100 Ukraine, mark- downs of real estate and 0 Q1 2008 Q2 2008 investment Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Lobko BANK OF GEORGIA www.bog.ge/ir March 2010 Page 24

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