A-share Code: 601166 A-share Name: Industrial Bank No.: T 2016-05

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

Industrial Bank Co., Ltd.

Announcement on the Resignation of Director

and President

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 liability for any false record, misleading statement or major omission in the announcement.

The Board of Directors of the Company received the written resignation letter from Mr. Li Renjie, director and president of the Company, on February 29, 2016, in which Mr. Li applied to resign from the positions of director and president for his age. In accordance with the provisions of the Company's articles of incorporation, the resignation shall come into effect as from the day it is served to the Board of Directors of the Company.

Mr. Li indicated that he felt deeply honored and proud serving so many years in Industrial Bank (IB) and sincerely appreciated the sustained trust and support of the Board of Directors, the Board of Supervisors, the top management, and employees of the whole bank, and he also expressed his anticipation and wish that IB may achieve greater prosperity, continue to secure greater development and create greater achievements.

The Board of Directors of the Company gave a high comment on the performance of Mr. Li during his term of office. Since being engaged to serve as director and president of the Company in 2002, Mr. Li, under the proper leadership of the board of directors, has always given priority to the bank's undertaking, attached great importance to the bank's development, solidified and led the senior executives to fight against challenges and push ahead tenaciously, and performed his responsibilities sufficiently and effectively, making breakthroughs one after another in boosting the business operation. Over the past 14 years, the total assets and realized annual net profits of the Company have kept increasing steadily, and the main financial indexes, such as the return on equity and asset quality, have kept a leading position in the industry for years. The Company has made its presence in the Global Top 50 Banks and Fortune Global 500 successfully. The Board of Directors of the Company extends sincere gratefulness and pays high respect to the diligent dedication and selfless contribution made by Mr. Li!

It is hereby to announce as foregoing.

Board of Directors of Industrial Bank Co., Ltd.

March 1, 2016

Industrial Bank Co. Ltd. issued this content on 01 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 March 2016 13:12:09 UTC

Original Document: http://www.cib.com.cn/en/Investor_Relations/Company_Profile/Company_Announcements/20160311_2.html