A-share Code: 601166            A-share Name: Industrial Bank           No.: T 2015-23

Preferred Share Code: 360005, 360012            Preferred Share Name: IBPS1, IBPS2

Industrial Bank Co., Ltd.

Announcement on Signing Agreement on Supervision over Savings of Special Account for Raised Funds

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 order to regulate the management of raised funds of Industrial Bank Co., Ltd. (hereinafter referred to as the “Company”) and protect the rights and benefits of investors, the Company signed the “Agreement on Supervision over Savings of Special Account for Raised Funds by Industrial Bank Co., Ltd. with Non-public Offering of Domestic Preferred Shares (Second Issue)” with CITIC Securities Company Limited and Industrial Securities Co., Ltd. (hereinafter referred to as the “Co-sponsor” collectively) in conformity with provisions of relevant laws and regulations, such as the Guidelines for the Supervision and Administration on Listed Companies No. 2 – Supervision and Administration Requirements for Listed Companies on the Management and Use of Raised Funds and the Administrative Measures for Funds-raising by Companies Listed on the Shanghai Stock Exchange (Revised in 2013), and the Measures for the Use and Management of Raised Funds of the Company. The main clauses of the agreement are as follows: 

I. The Company has opened a special account for raised funds (hereinafter referred to as the “special account”), which can only be used for savings and use of funds raised in this non-public offering of preferred shares by the Company, and not for any other purposes.

II. CITIC Securities Company Limited and Industrial Securities Co., Ltd. shall, as the co-sponsor of this offering, designate the sponsor representative or other officer to supervise the use of funds raised in the offering in accordance with relevant provisions. 

III. Should there be any change in the balance of the special account, the Company shall timely provide the bank statement of the special account to the co-sponsor as required thereby.

IV. If the Company withdraws an amount exceeding RMB 50 million and reaching 20% of the net amount of money raised in the issuance after the deduction of issuance cost once or accumulatively within 12 months, it shall notify the co-sponsor in a timely manner. 

It is hereby to announce as foregoing.

Board of Directors of Industrial Bank Co., Ltd.

July 14, 2015