Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

AGRICULTURAL BANK OF CHINA LIMITED

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 1288) ANNOUNCEMENT ON THE RETIREMENT OF DIRECTOR

The board of directors (the "Board") of Agricultural Bank of China Limited (the "Bank") hereby announces that the term of office of Mr. LI Yelin expired on 28 July 2014. After that, Mr. LI Yelin will no longer serve as a non-executive director of the Bank and a member of the Strategic Planning Committee, Risk Management Committee and Related Party Transactions Management Committee of the Board.

Mr. LI Yelin has confirmed that he has no disagreement with the Board and does not have any matters in relation to his retirement that should be brought to the attention of the shareholders or creditors of the Bank.

The Board would like to express its gratitude to Mr. LI Yelin for his contribution to the Bank during his tenure.

By Order of the Board Agricultural Bank of China Limited ZHU Gaoming

Company Secretary

Beijing, PRC

28 July 2014

As at the date of this notice, our executive directors are Mr. JIANG Chaoliang, Mr. ZHANG Yun, Mr. GUO Haoda and Mr. LOU Wenlong; our non-executive directors are Mr. SHEN Bingxi, Mr. LIN Damao, Mr. CHENG Fengchao, Mr. XIAO Shusheng and Mr. ZHAO Chao; and our independent non-executive directors are Mr. Anthony WU Ting-yuk, Mr. QIU Dong, Mr. Frederick MA Si-hang, Mr. WEN Tiejun, Mr. Francis YUEN Tin-fan.

distributed by