Securities Abbreviation: Industrial Bank      Securities Code: 601166     No.: T 2014-14

Industrial Bank Co., Ltd.

Announcement on the Resignation of

Independent Director

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.

The Board of Directors of the Company received the written resignation letter of Mr. Deng Ruilin, an independent director of the Company, on May 4. According to relevant provisions, Mr. Deng Ruilin applied to resign from the position of independent director of the Company. After resignation, Mr. Deng Ruilin will not hold any position in the Company.

In accordance with relevant provisions of the Guiding Opinions on the Establishment of Independent Director Systems by Listed Companies of China Securities Regulatory Commission(CSRC) and the Articles of Incorporation of the Company, the resignation application will come into effect after a new independent director is elected by the general shareholders’ meeting of the Company to succeed his position and the relevant regulatory authorities approve the post-holding qualification of the new independent director.

During his term of office in the Company, Mr. Deng Ruilin has performed his responsibilities conscientiously and diligently, playing a positive role in ensuring the normalized operation and steady development of the Company. The Board of Directors of the Company hereby extends sincere gratefulness to the contributions made by Mr. Deng Ruilin during his term of office.

It is hereby to announce as foregoing.

Board of Directors of Industrial Bank Co., Ltd.

May 5, 2014