Dividend Currency Conversion Rate

On 26 May 2016, the shareholders of BGEO Group PLC (the “Company”) (LSE: BGEO LN), the holding company of JSC Bank of Georgia, Georgia’s leading bank, approved the declaration of a final dividend of Georgian Lari 2.4 per share in respect of the year ended 31 December 2015, payable to ordinary shareholders of the Company in British Pounds Sterling pursuant to the following timetable:

Ex-Dividend Date: 7 July 2016
Record Date: 8 July 2016
Currency Conversion Date: 11 July 2016
Payment Date: 22 July 2016

The Company hereby confirms that the National Bank of Georgia Georgian Lari/British Pounds Sterling exchange rate as of 11 July 2016 is 3.0376 and shall be used to pay dividends to ordinary shareholders of the Company on 22 July 2016.

Those shareholders who have not provided their appropriate bank account details to Computershare Investor Services PLC for payment of the dividend will be paid the dividend by cheque in British Pounds Sterling.
Name of authorised official of issuer responsible for making notification:
Kate Bennett Rea, Company Secretary