Announcement on Resolutions of the

Eleventh Meeting of the Fifth Board of

Supervisors

All members of the Company’s 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 eleventh meeting of the fifth Board of Supervisors was convened in Changsha on July 20th, 2012. Nine supervisors should attend the meeting, and the number of supervisors that actually attended the meeting was nine. (Supervisor Wu Xiaohui and Supervisor Tu Baogui entrusted Chairwoman of the Board of Supervisors Bi Zhonghua to exercise voting rights on their behalves). The meeting was convened in compliance with the provisions of the Company Law of

the People’s Republic of China and the Articles of Associations of the Company.

The meeting was presided over by Chairwoman Bi Zhonghua. The following proposals were reviewed and adopted as resolutions at the meeting.

1. Audit Report on SME Loans Credit Risk.

Voting Results: 9 votes in favor; 0 vote in opposition; 0 abstention

2. Audit and Investigation Report on Counter Management Mechanism Reform.

Voting Results: 9 votes in favor; 0 vote in opposition; 0 abstention

The meeting also listened to the report on recent financial status, report on risk management, report on internal control and compliance management and introduction of industrial Financial Leasing Co., Ltd’s operation.                     

Board of Supervisors

Industrial Bank Co., Ltd.

July 23rd, 2012