Announcement on the Estimated Improvement in 2008 Interim Results

2008-7-8

Announcement on the Estimated Improvement in 2008 Interim Results
July 8, 2008

The 2008 interim financials given in this announcement have not been audited by any accounting firm, and may vary from the audited. Investors are reminded of potential investment risks.

I. Estimated performance during the reporting period
1. Period: January 1, 2008 to June 30, 2008
2. Estimated results: According to the preliminary estimation, the Bank’s net profit increased over 110% from that of the same period previous year.
3. The estimated results have not been audited nor reviewed by any CPAs.

II. Performance of the same period previous year
1. Net profit: RMB 2,821,278,000;
2. Earnings per share: RMB0.23

III. Main reason for the increase in the estimated performance
The increase in the estimated performance is resulted from the steady and rapid development of such business lines as lendings, investments and wealth management during the reporting period.

China Minsheng Banking Corp., Ltd.

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