CMBC Announcement

Announcement on PBOC’s Approval on CMBC’s Hybrid Capital Bonds Issuance

2009-2-6

On February 4, 2009, the Bank received from the PBOC the decision on approving an administrative license (Yin Shichang Zhunyu Zi [2009] No.8), which approved the Bank to issue no more than RMB 5 billion of RMB-denominated hybrid capital bonds in the national inter-bank bonds market.

The Bank will strictly follow the rules and regulations under the Administrative Measures for the Issuance of Financial Bonds in the National Inter-bank Bond Market and the PBOC Announcement No.11 by registering the relevant documents to the PBOC 5 days before the issuance, and carry out information disclosure in compliance with the request of the PBOC. The Bank will report the result of the issuance to the CBRC and the PBOC within 10 days after the completion of the issuance.

Upon completion of the issuance, the Bank will negotiate and transfer the bonds in the national inter-bank bonds market in compliance with the rules of the PBOC.

For details of the relevant announcement on the Bank’s hybrid capital bonds issuance, please refer to the China Securities Journal, Shanghai Securities News and the Securities Times on November 4, 2008 and November 21, 2008.

Board of Directors

China Minsheng Banking Corp., Ltd.

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