Announcement on Capital Change of Controlling Subsidiary

As approved at the fifth meeting of the seventh Board of Directors, the Company has decided to increase its stake in the controlling subsidiary Industrial International Trust Co., Ltd. by no more than RMB 2 billion(For details, please refer to the announcement dated 12 July, 2011). This is a premium capital increase. As approved by the China Banking Regulatory Commission, the Company will subscribe RMB 0.50 billion capital at the premium of RMB 1.2934 billion, and the National Australia Bank Limited will subscribe RMB 0.1 billion capital at the premium of RMB 0.326 billion. Other shareholders gave up their subscription rights.

After the capital increase, the registered capital of the Industrial International Trust has increased from RMB 0.51 billion to RMB 1.2 billion, and the Company’s stake has increased from 56.08% to 73%. Relevant capital verification, Articles of Association revision and registration procedures have been completed. After the capital increase, the shareholding structure and capital subscription are as follows:

After the transaction, the shareholdings of Union Trust shall be divided as follows:

Board of Directors,

Industrial Bank Co., Ltd.

9 January, 2012