Stock Abbreviation: Industrial Bank                 Stock Code: 601166                  No.: Temp 2009-21

Industrial Bank Co., Ltd.

Announcement on Obtaining Approval to Set up Hohhot Branch

The Industrial Bank Co., Ltd (the Company) and all members of the Board of Directors 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.

Pursuant to the Approval on Setting up Hohhot Branch (Yin Jian Fu [2009] No.361) from the China Banking Regulatory Commission, the Company was approved to set up a branch in Hohhot. The Company will carry out relevant setting-up work in accordance with regulations and rules, and will apply to the Inner Mongolia Bureau of the China Banking Regulatory Commission for the opening of business upon completion of the setting-up procedures.

Board of Directors

Industrial Bank Co., Ltd.

30 September, 2009