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JSC Bank of Georgia (BGEO)

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Friday 01 June, 2007

JSC Bank of Georgia

JSC Bank of Georgia Published 2006 Audited Cons...

Bank of Georgia
                  JSC Bank of Georgia (LSE: BGEO, GSE: GEB), the leading Georgian universal bank,
published today 2006 Audited Financial Statements. The full version of Bank of
Georgia Group Consolidated Financial Statements for the Period Ended 31 December
2006 is available on the company website: www.bog.ge/ir

About Bank of Georgia

Bank of Georgia, a leading universal Georgian bank with operations in Georgia
and Ukraine, is the largest bank by assets, loans deposits and equity in
Georgia, with 33% market share by total assets (all data according to the NBG
data as of March 31 2007). The major component of the Galt & Taggart Index, the
bank has 103 branches and over 450,000 retail and more than 50,000 corporate
current accounts. The bank offers a full range of retail banking and corporate
and investment banking services to its customers across Georgia. The bank also
provides a wide range of corporate and retail insurance products through its
wholly-owned subsidiary, BCI, as well as asset & wealth management services.

Bank of Georgia has, as of the date hereof, the following credit ratings:

-0-
*T
Standard & Poor's'B+/B'                    Stable
Moody's          'B3/NP' (FC) & 'Baa3/P-3' Stable
                  (LC)
FitchRatings     'B/B'                     Stable
*T

For further information, please visit www.bog.ge/ir or contact:

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*T
 Lado Gurgenidze                   Irakli Gilauri              Macca Ekizashvili
Chairman of the Supervisory Board  Chief Executive Officer     Head of Investor
                                                                Relations
+995 32 444 103                    +995 32 444 109             +995 32 444 256
lgurgenidze@bog.ge                 igilauri@bog.ge             ir@bog.ge
*T

This news report is presented for general informational purposes only and should
not be construed as an offer to sell or the solicitation of an offer to buy any
securities. Certain statements in this news report are forward-looking
statements and, as such, are based on the managements current expectations and
are subject to uncertainty and changes in circumstances.