3rd Quarter Results

Georgian Railway Announces Financial Results for the Six Months Period Ended 30 September 2012

Georgian Railway JSC (formerly Georgian Railway LLC), Georgia's integrated railway company, announces its financial results for the nine months period ended 30 September 2012.

Revenue for the first nine months of 2012 was GEL 351.4 million, representing an decrease of 2.1% over the equivalent period in the year 2011.

Adjusted EBITDA for the nine months period ended 30 September 2012 decreased by 0.5% to GEL 191.8 million compared with the Adjusted EBITDA of GEL 197.9 million for the nine months period ended 30 September 2011. Adjusted EBITDA Margin reached 54.6%.

 http://www.rns-pdf.londonstockexchange.com/rns/2753R_-2012-11-15.pdf

http://www.rns-pdf.londonstockexchange.com/rns/2753R_1-2012-11-15.pdf