A-share Code: 601166     A-share Name: Industrial Bank    No.: T 2015-18

Preferred Share Code: 360005            Preferred Share Name: IBPS1

Announcement

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 Company recently noticed the rumor on the internet about “An executive of IB Beihai Branch absconded with RMB 3 billion”. It is hereby clarified as below: 

In mid-May 2015, Beihai Branch, a Class II branch under Nanning Branch of the Company, received the notification from Public Security Bureau of Beihai City that the case regarding Su Yu (a former employee of the branch)’s suspected involvement in personal illegal fund-raising had been filed. Now, the case is under investigation. Nanning Branch and Beihai Branch of the Company have established a special investigation team to carry out all-round internal investigation over businesses involved in the case, discovering no funds of the bank involved in the case. Now, the business operation and financial situation of Beihai Branch of the Company are normal, and it provides regular services to the outside. 

Su Yu, who is involved in the case, joined the Company and worked in the preparation group for Beihai Branch in July 2010, serving as corporate financial customer manager, and director of No. 3 Business Department in the branch, rather than an executive member as rumored on the internet. He submitted an application of resignation to the branch himself on March 27, 2015, and the branch approved the application and dissolved the labor contract with him.

For the personal illegal fund-raising incident of the above resigned employee, the Company will give full support for the public security authority to make investigation and collect evidence and assist the victims to protect their rights by legal means.

It is hereby to announce as foregoing.

Board of Directors of Industrial Bank Co., Ltd.

June 9, 2015