TBC Bank Group PLC

Notice of Dividend Amount • Jun 13, 2019

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RNS Number : 0347C

TBC Bank Group PLC

13 June 2019

Dividend Currency Conversion Rate and Scrip Reference Share Price

At the 2019 Annual General Meeting of TBC Bank Group PLC ("TBC PLC") to be held on 24 June 2019 (the "AGM"), TBC PLC shareholders will be asked to pass a resolution to declare a final dividend of GEL 1.98 per TBC PLC share (the "Final Dividend"). Subject to the approval of the relevant resolution, the Final Dividend will be paid in Pounds Sterling on 12 July 2019 to shareholders who were on the TBC PLC register of members on the record date of 7 June 2019. The ex-dividend date for the Final Dividend was 6 June 2019.

TBC PLC today announces that the Georgian Lari / Pound Sterling exchange rate that will apply to all Final Dividend payments will be 3.4864, being the official exchange rate of the National Bank of Georgia for 13 June 2019.

TBC PLC today announces that the scrip reference share price that will be used in calculating the entitlement of those who have elected to participate in TBC PLC's scrip dividend scheme (the "Scrip Dividend Scheme") is 16.152 GBP (the "Scrip Reference Share Price").  The Scrip Reference Share Price is based on the average of the closing middle market quotations for the Company's ordinary shares, as derived from the London Stock Exchange Daily Official List, for the five business days commencing on the ex-dividend date of 6 June 2019.

Shareholders who hold their shares in CREST and who wish to elect to participate in the Scrip Dividend Scheme should, if they have not already done so, complete a Dividend Election Input Message via CREST no later than 4:30 p.m. (UK time) on 21 June 2019. Full terms and conditions of the Scrip Dividend Scheme are available on TBC PLC's website, www.tbcbankgroup.com.

For further enquiries, please contact:

Director of International Media and Investor Relations

Zoltan Szalai

Or

Head of Investor Relations

Anna Romelashvili

ir@tbcbank.com.ge

About TBC Bank Group PLC ("TBC PLC")

TBC PLC is a public limited company registered in England and Wales that was incorporated in February 2016. TBC PLC became the parent company of JSC TBC Bank ("TBC Bank") on 10 August 2016. TBC PLC is listed on premium segment of the London Stock Exchange under the symbol TBCG and is a constituent of FTSE 250 Index.

TBC Bank, together with its subsidiaries, is the leading universal banking group in Georgia, with a total market share of 38.4% of loans and 40.4% of non-banking deposits as at 31 March 2019, according to data published by the National Bank of Georgia.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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