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JSC Bank of Georgia (BGEO)

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Wednesday 28 December, 2011

JSC Bank of Georgia

Bank of Georgia signs a US$ 40 million facility...

Bank of Georgia signs a US$ 40 million facility agreement with FMO and DEG

Bank of Georgia

JSC Bank of Georgia (LSE:BGEO) (the “Bank”), the leading bank in Georgia, has signed a Joint Facility Agreement with Nederladnse Financierings-Maatschappij Voor Ontwikkelingslanden N.V. (“FMO”) and Deutsche Investitions-und Entwicklungsgesellschaft MBH (“DEG”) in respect of a US$ 40 million loan facility. The six year loan facility is intended to support the growth of the Bank’s SME loan portfolio.

“I am very pleased that FMO and DEG continue to support the Bank and have joined forces this time in extending funding, which, thanks to its long-term tenor, will enhance the Bank’s ability to lend to the rapidly growing SME sector,” commented Irakli Gilauri, Chief Executive Officer.

About Bank of Georgia

Bank of Georgia is the leading Georgian bank, based on total assets (with a 36% market share), total loans (with a 36% market share) and client deposits (with a 34% market share) as of 30 June 2011, all data based on standalone financial information filed by banks in Georgia with the National Bank of Georgia. The Bank offers a broad range of corporate banking, retail banking, wealth management, brokerage and insurance services to its clients.

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

Standard & Poor’s   ‘BB-/B’
FitchRatings ‘BB-/B’
Moody’s ‘B1/NP’ (FC) & ‘Ba3/NP’ (LC)

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

Irakli Gilauri   Macca Ekizashvili
Chief Executive Officer Head of Investor Relations
+995 32 444 109 +995 32 444 256
igilauri@bog.ge

ir@bog.ge

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.