JSC Bank of Georgia Establishes a Fund to Support the Victims of the Conflict in South Ossetia

Bank of Georgia, (LSE:BGEO) (GSE: GEB), announces that it has established a fund to support the victims of the conflict in South Ossetia and has made an initial contribution of GEL 1 million. The use of funds will be supervised by a special monitoring group established by Bank of Georgia, which will work in close collaboration with the Ministry of Labor, Health and Social Affairs of Georgia and Mayor’s Office of Tbilisi which are coordinating the humanitarian assistance for the victims of South Ossetia conflict. All contributions to the Fund will be highly appreciated. We thank you in advance for your support. The account information: For transfers in US$       For transfers in EUR Beneficiary Bank Beneficiary Bank Citibank N.A., New York, US Commerzbank, Frankfurt, Germany Swift: CITIUS33 Swift: COBADEFF Beneficiary Beneficiary Bank of Georgia, SWIFT: BAGAGE22 Bank of Georgia, SWIFT: BAGAGE22 3 Pushkin Street, 0105 Tbilisi,Georgia 3 Pushkin Street, 0105 Tbilisi,Georgia Corr.Account: 36204072 Corr. Account: 400 88 81 05401EUR Details of Payment Details of Payment Account: 45118404300400000030 Account: 45119784300400000005 For the Fund to Support theVictims of South Ossetia For the Fund to Support theVictims of South Ossetia About Bank of Georgia Bank of Georgia, the leading universal Georgian bank with operations in Georgia and Ukraine, is the largest bank by assets, loans, deposits and equity in Georgia, with 34.0% market share by total assets (all data according to the NBG as of 30 June 2008). The major component of the Galt & Taggart Index, the bank has 142 branches and over 770,000 retail and more than 120,000 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, Aldagi BCI, as well as asset & wealth management services. Bank of Georgia has, as of the date hereof, the following credit ratings: Standard & Poor’s     ‘B+/B’     Stable FitchRatings ‘B+/B’ Stable Moody’s ‘B3/NP’ (FC) & ‘Ba1/NP’ (LC) 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.