Announcement on Obtaining Approval to Open Chuangchun 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 Opening Changchun Branch (Ji Yin Jian Fu [2010] No.85) from the Jilin Bureau of China Banking Regulatory Commission, the Company was approved to open Changchun Branch. The Company will complete relevant opening procedures in accordance with relevant requirements.

Board of Directors
Industrial Bank Co., Ltd.
March 19, 2010