Industrial and Commrcl Bank of China : Notice of the Annual General Meeting for the year 2016

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.

1. Proposal on the 2016 Work Report of the Board of Directors of Industrial and Commercial Bank of China Limited

2. Proposal on the 2016 Work Report of the Board of Supervisors of Industrial and Commercial Bank of China Limited

3. Proposal on the Proposal on the 2016 Audited Accounts

4. Proposal on the 2016 Profit Distribution Plan

5. Proposal on Fixed Asset Investment Budget for 2017

6. Proposal on the Engagement of Auditors for 2017

7. Proposal on the Election of Mr. Ye Donghai as Non-executive Director of Industrial and Commercial Bank of China Limited

8. Proposal on the Election of Ms. Mei Yingchun as Non-executive Director of Industrial and Commercial Bank of China Limited

9. Proposal on the Election of Mr. Dong Shi as Non-executive Director of Industrial and Commercial Bank of China Limited

   Other Items:

10. Report concerning the Special Report on Related Party Transactions of Industrial and Commercial Bank of China Limited in 2016

11. Report concerning the Work Report of Independent Directors of Industrial and Commercial Bank of China Limited for 2016

12. Report on the Implementation of the Plan on Authorisation of the Shareholders' General Meeting to the Board of Directors of Industrial and Commercial Bank of China Limited in 2016

Beijing, PRC 13 May 2017

Notes:

1. Closure of register of members and eligibility for attending the AGM

   Holders of H shares of the Bank (the "H Shares") are advised that the register of members will be closed from Sunday, 28 May 2017 to Tuesday, 27 June 2017 (both days inclusive). Holders of H Shares whose names appear on the register of members of the Bank maintained in Hong Kong at the close of business on Friday, 26 May 2017 are entitled to attend the AGM.

   Holders of H Shares who wish to attend the AGM but have not registered the transfer documents are required to deposit the transfer documents together with the relevant share certificates at the H Share registrar of the Bank, Computershare Hong Kong Investor Services Limited, at Rooms 1712-16, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong at or before 4:30 p.m. on Friday, 26 May 2017.

2. Recommendation of dividend and closure of register of members

   The board of directors of the Bank has recommended a dividend of RMB0.2343 per share (pre-tax) for the year ended 31 December 2016 and, if such dividend is declared by the shareholders passing Resolution 4, it is expected to be paid no later than Wednesday, 2 August 2017 to those shareholders whose names appear on the register of members of the Bank after close of trade on Monday, 10 July 2017. The register of members of H Shares will be closed from Wednesday, 5 July 2017 to Monday, 10 July 2017 (both days inclusive). In order to be entitled to the dividend, holders of H Shares who have not registered the transfer documents are required to deposit the transfer documents together with the relevant share certificates at the H Share registrar of the Bank, Computershare Hong Kong Investor Services Limited, at Rooms 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong at or before 4:30 p.m. on Tuesday, 4 July 2017.

3. Proxy

   Shareholders entitled to attend and vote at the AGM may appoint one or more proxies to attend and vote in their stead. A proxy need not be a shareholder of the Bank.

   The instrument appointing a proxy must be in writing under the hand of a shareholder or his attorney duly authorised in writing. If the shareholder is a corporate body, the proxy form must be either executed under its common seal or under the hand of its director(s) or duly authorised attorney(s). If the proxy form is signed by an attorney of the shareholder, the power of attorney authorising that attorney to sign or other authorisation documents must be notarised.

   To be valid, the proxy form together with the power of attorney or other authorisation document (if any) must be lodged at the H Share registrar of the Bank by hand or by post not less than 24 hours before the time fixed for holding the AGM or any adjournment thereof (as the case may be) by holders of H Shares. The H Share registrar of the Bank is Computershare Hong Kong Investor Services Limited, whose address is at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong (Tel: (852) 2862 8555, Fax: (852) 2865 0990). Completion and return of the proxy form will not preclude a shareholder from attending and voting in person at the AGM if he so wishes, but in such event the instrument appointing a proxy shall be deemed to be revoked.

4. Reply Slip

   Shareholders who intend to attend the AGM in person or by proxy should return the reply slip by hand, by post or by fax to the Bank's Board of Directors' Office or Computershare Hong Kong Investor Services Limited on or before Wednesday, 7 June 2017. The Bank's Board of Directors' Office is located at No. 55 Fuxingmennei Avenue, Xicheng District, Beijing 100140, PRC (Tel: (86 10) 8101 1187, Fax: (86 10) 6610 6139). The address of Computershare Hong Kong Investor Services Limited is 17M Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong (Tel: (852) 2862 8555, Fax: (852) 2865 0990).

5. Other issues

Shareholders (in person or by proxy) attending the AGM are responsible for their own transportation and accommodation expenses. Shareholders or their proxies attending the AGM shall produce their identification documents.

The AGM starts at 2:30 p.m.. Registration for admission to the AGM will take place from 1:30 p.m. to 2:30 p.m..

As at the date of this announcement, the board of directors comprises Mr. YI Huiman, Mr. GU Shu, Mr. ZHANG Hongli and Mr.WANG Jingdong as executive directors, Ms. WANG Xiaoya, Ms. GE Rongrong, Mr. ZHENG Fuqing, Mr. FEI Zhoulin and Mr.CHENG Fengchao as non-executive directors, Mr. OR Ching Fai, Mr. HONG Yongmiao, Mr. Anthony Francis NEOH, Mr. YANG Siu Shun, Ms. Sheila Colleen BAIR and Mr. SHEN Si as independent non-executive directors.