The Company’s Board of Directors and all its members 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 Industrial Bank received the Administrative Permit Letter from the People’s Bank of China(YSXZYZ (2009) No. 54), allowing the Company to issue no more than RMB10 billion subordinated bonds in the national inter-bank bonds market. The Company will carry out relevant issuance work in accordance with related regulations.
The Board of Directors of Industrial Bank Co., Ltd.
September 3, 2009