Industrial Bank Co., Ltd.

Announcement on Adjustment to the Price

of Non-publicly Issued Shares in

Accordance with 2011 Profit Distribution Plan

The Company and all the members of the board of directors warrant the truthfulness, accuracy and completeness of the announcement and will bear the joint and several liabilities for any false record, misleading statement or major omission in the announcement.

In accordance with the non-public share issuance plan deliberated and approved at the 2011 general meeting of shareholders of the Company, the offering price for this issuance was originally RMB 12.73 per share, and it was also agreed that corresponding adjustment would be made to the offering price should any ex-right or ex-dividend event occur before the issuance, such as distribution of equity to company’s shares. Whereas the Company has implemented 2011 profit distribution to pay RMB 0.37 cash dividend for each share to all shareholders and the distribution was completed on May 11, 2012, the offering price for shares in this non-public issuance will be adjusted to RMB 12.36 per share accordingly.

It is hereby to announce as foregoing.

Board of Directors of Industrial Bank Co., Ltd.

December 31, 2012