The Industrial Bank Co., Ltd (the Company) and all members of the Board of Supevisors hereby warrant that the information contained in this announcement is true, accurate and complete, and assume joint and several liabilities for any false representation, misleading statement or material omission.
The third meeting of the fourth session of the Board of Supervisors of the Company was convened in Kunming on December 6, 2007. All nine supervisors eligible to attend the meeting attended the meeting. Meeting attendance conformed to the relevant provisions of the Company Law of the People's Republic of China and the Articles of Association of the Company.
The meeting was presided over by the Chairwoman of the Board of Supervisors, Ms. Bi Zhonghua. The supervisors deliberated on and approved the following motions by means of a show of hands:
I. Code of Conduct for Supervisors of the Industrial Bank Co., Ltd.
Voting Result: In Favor: 9 votes; In Opposition: 0 votes; Abstention: 0 votes.
II. Measures on the Dutiful Work Assessment of Supervisors of the Industrial Bank Co., Ltd.
Voting Result: In Favor: 9 votes; In Opposition: 0 votes; Abstention: 0 votes.
III. Report on the Investigation of Management Systems in Retail Business
Voting Result: In Favor: 9 votes; In Opposition: 0 votes; Abstention: 0 votes.
The meeting also heard the Correction Report of 2007 Supervision Notification by the China Banking Regulatory Commission
Board of Supervisors of Industrial Bank Co., Ltd.
December 6, 2007