Announcement on Resolutions of the 17th Meeting of the Fourth Board of Supervisors

All members of the Board of Supervisors hereby warrant the authenticity, accuracy and integrity of this Announcement, and shall bear joint responsibility for any false or misleading statements or material omissions contained in this announcement.

The 17th meeting of the fourth Board of Directors was held on March 2, 2010 in Fuzhou. The number of supervisors that should attend the meeting is 9, and the number of supervisors that in fact present is 9 (Supervisor Wu Xiaohui and Chen Xiaohong appointed Chairwoman Bi Zhonghua as proxy to vote on their behalf). The meeting attendance complied with the rules of the Company Law and the Company’s Articles of Association.

The meeting was presided over by Ms. Bi Zhonghua, Chairwoman of the Board of Directors. The Board of Supervisors reviewed and approved the following proposal, and listened to the Report on 2009 Annual Report Audit made by Fujian Huaxing Certified Public Accountants Co., Ltd.
1. 2009 Working Report of the Board of Supervisors
Voting results: 9 votes in favor, 0 votes in opposition, 0 abstention votes 
2. 2009 Report on Supervisor Duty Performance Appraisal
Voting results: 9 votes in favor, 0 votes in opposition, 0 abstention votes 
3. 2009 Report on Director, Senior Management Duty Performance Appraisal Made by the Board of Supervisors
Voting results: 9 votes in favor, 0 votes in opposition, 0 abstention votes 
4. 2009 Working Report of the Supervision Committee of the Board of Supervisors
Voting results: 9 votes in favor, 0 votes in opposition, 0 abstention votes 
5. 2009 Working Report on the Nomination, Remuneration and Evaluation Committee of the Board of Supervisors
Voting results: 9 votes in favor, 0 votes in opposition, 0 abstention votes 
6. 2009 Operating Results and Final Financial Reports
Voting results: 9 votes in favor, 0 votes in opposition, 0 abstention votes 
7. 2009 Annual Report and Abstract
Voting results: 9 votes in favor, 0 votes in opposition, 0 abstention votes 
8. Investigation Report on Wealth Management Business Follow-up Audit
Voting results: 9 votes in favor, 0 votes in opposition, 0 abstention votes 
9. Dual-line Expenses Management Follow-up Audit
Voting results: 9 votes in favor, 0 votes in opposition, 0 abstention votes 
10. 2010 Working Plan of the Board of Supervisors
Voting results: 9 votes in favor, 0 votes in opposition, 0 abstention votes 

The above-mentioned Proposal 1, 2, 3 and 7 are subject to approval by the General Shareholders’ Meeting.

Board of Supervisors
Industrial Bank Co., Ltd.
March 4, 2010