Bank of Georgia Capital Increase

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The proposed capital increase will enable Bank of Georgia to maintain regulatory capital adequacy required by the Central Bank regulations and to continue to expand its lending business. The proposed transaction will contribute to the transition by further developing one of Georgia’s leading banks, which is a systemic bank and enjoys a very good reputation in an early transition country. Bank of Georgia is one of Georgia’s leading banks with the latest audited equity base of US$ 29 million. Bank of Georgia is a universal bank providing a variety of banking products and services to its customers with a large bank network across Georgia. Up to US$ 1 million for subscription to newly issued shares. Up to USD 7 million depending on final bid price. Bank of Georgia will be required to continue to comply with the EBRD’s Environmental Procedures for Small and Micro Loans, including adherence to EBRD’s Exclusion and Referral Lists, compliance with applicable Georgian environmental, health, safety and labour legislation and submission of Annual Environmental Reports to the EBRD. Bank of Georgia has received significant technical assistance since the 1998 with the original ABN AMRO Institution Building Program. Subsequently one of ABN AMRO consultants worked on implementation of various recommendations designed under the twinning program. Bank of Georgia was a participant in a TC project when the Senior Advisor assisted Bank of Georgia’s senior management in marketing efforts and corporate client relationships. Macca Ekizashvilli, Head of Investor Relations Bank of Georgia Phone: +995 32 444 256. Web Page: www.bog.ge/ir.