China Minsheng Banking : Announcement on the Successful Issuance of Tier-two Capital Bonds of RMB15 billion

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中 國 民 生 銀 行 股 份 有 限 公 司

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

Upon the approval by China Banking Regulatory Commission and the People's Bank of China, China Minsheng Banking Corp., Ltd. (the "Company") successfully issued tier-two capital bonds with an aggregate amount of RMB15 billion (the "Bonds") in the national inter-bank bond market on 12 September 2017. The issuance of the Bonds was completed on 14 September 2017.

The total amount of the Bonds named the "First Tranche of Tier-two Capital Bonds of China Minsheng Banking Corp., Ltd. in 2017" with a term of 10 years and fixed interest rate is RMB15 billion. The issuer is entitled to conditionally redeem the Bonds at the end of the fifth year. The coupon rate of the Bonds is 4.70%.

The proceeds from the Bonds will be used to replenish the tier-two capital of the Company in accordance with the applicable laws and the approval of the regulatory authority.

By Order of the Board

Chairman

Beijing, PRC

14 September 2017

As at the date of this announcement, the executive directors of the Company are Mr. Hong Qi, Mr. Liang Yutang and Mr. Zheng Wanchun; the non-executive directors are Mr. Zhang Hongwei, Mr. Lu Zhiqiang, Mr. Liu Yonghao, Mr. Shi Yuzhu, Mr. Wu Di, Mr. Yao Dafeng, Mr. Song Chunfeng, Mr. Tian Zhiping and Mr. Weng Zhenjie; and the independent non-executive directors are Mr. Liu Jipeng, Mr. Li Hancheng, Mr. Xie Zhichun, Mr. Cheng Hoi-chuen, Mr. Peng Xuefeng and Mr. Liu Ningyu.