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    Georgia protest wave ebbs but may hurt Saakashvili in vote

    * Protests shrink after two ministers quit over jail

    brutality

    * Analysts say case hurts ruling party ahead of elections

    * Election result in ex-Soviet republic not clear yet

    TBILISI, Sept 21 (Reuters) - Hundreds of people rallied in

    Georgia on Friday in a fourth day of protests over brutality in

    state prisons, a bout of unrest that could damage prospects for

    President Mikheil Saakashvili's party to come out on top in

    elections on Oct. 1.

    The protests, which broke out after two television channels

    that back Saakashvili's opponents showed footage of prison

    abuses, have saddled him with an unexpectedly tough election

    battle against a coalition led by a billionaire businessman.

    About 500 people gathered in the capital Tbilisi on Friday,

    markedly fewer than before the resignation of the prisons and

    interior ministers in mid-week. But analysts said public anger

    over violence in jails threatens the ruling National Movement

    party's chances of winning the coming parliamentary vote.

    The opposition Georgian Dream coalition led by billionaire

    Bidzina Ivanishvili was 20 percentage points behind

    Saakashvili's party before the protests.

    "The ruling party will (now) get fewer votes than had been

    expected, of course, but it's difficult to predict how big the

    decline will be," said Gia Nodia, an independent analyst.

    "It's not clear whether Georgian Dream will get these votes

    or another opposition party."

    He said the exit of the ministers and Saakashvili's moves -

    he quickly denounced the abuses - had largely been effective.

    But Shorena Shaverdashvili, editor-in-chief of the

    independent Liberal magazine, said Saakashvili's party could now

    lose an election it had seemed certain to win in the former

    Soviet republic.

    "If elections are free and fair, the ruling party has no

    chance of winning, but a lot will depend on the voter turnout,"

    Shaverdashvili said. "The system has been shaken. Even

    Saakashvili himself admitted that it was a systemic failure."

    Hours after the release of the prison video, Saakashvili

    promised to punish those responsible and seek radical reforms of

    the jail system, asking policemen to take over prison guard

    duties while reforms were being worked out.

    Saakashvili's government says the video, which shows guards

    beating, punching and humiliating prisoners, as well as inmates

    being raped with objects, was staged and recorded by guards who

    were bribed by "politically motivated persons".

    The head of the Tbilisi prison, his two deputies and several

    prison guards were arrested, while international organisations

    and human rights groups called for a prompt investigation.

    Ivanishvili, his fortune estimated by Forbes magazine at

    $6.4 billion, owns one of the broadcasters that showed the film.

    A once-reclusive tycoon whose wealth equals nearly half

    Georgia's economic output, Ivanishvili launched his political

    movement last year and has campaigned on calls for Saakashvili

    to resign.

    Saakashvili became the West's political darling when he rose

    to power after the bloodless "Rose Revolution" that toppled

    Eduard Shevardnadze, a former Soviet foreign minister, in 2003.

    But opponents have accused Saakashvili of curbing political

    freedoms and criticised him for leading Georgia - a country of

    4.7 million people on a transit route for oil and gas supplies

    across the volatile Caucasus region - into a brief but

    disastrous war with Russia in August 2008.