New China Life Insurance : Notification Letter and Request Form to Non-registered Shareholders

新華人壽保險股份有限公司

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

New China Life Insurance Company Ltd. (the "Company")

No tice of Publicatio n of AGM Circular ( t h e " C u r r e n t C o r p o r a t e C o m m u n i c a t i o n " )

12 May 2017

The English and Chinese versions of the Company's Current Corporate C ommunication are available on the Company's website atwww.newchinalife.comand The Stock Exchange of Hong Kong Limited's website atwww.hk exn ews.hk(the "HKEx's website"). You may access the Current Corporate Communication through the Company's website or the HKEx's website.

If you want to receive a printed version of the Current Corporate Communication, please complete the request form (the "Reque st Form") on the reverse side and return it to the Company c/o the Company's H Share Registrar, Computershare Hong Kong Investor Services Limited by using the mailing label at the bottom of the Request Form (a stamp is not required if posted in Hong Kong). The address of the H Share Registrar is 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong. The Request Form may also be downloaded from the Company's website or the HKEx's website.

Please note that your instruction on the Request Form will apply to all future Corporate Communications (Note2) to be sent to you until you notify the Company c/o the H Share Registrar to the contrary or unless you have at any time cease d to hold shares in the Company.

Should you have any queries relating to any of the above matters, please call the telephone hotline of the Company's H Share Registrar at (852) 2862 8688 during business hours from 9:00 a.m. to 6:00 p.m., Monday to Friday, excluding public holidays or send an email ton ci.ecom@co mp u ter sh ar e.com.h k.

By order of the Board of Directors

New China Life Insurance Company Ltd.

WAN Feng

Chairman

Notes: (1) This letter is addressed to Non-registered Holders ("Non-registered Holder" means such person or company whose shares are held in The Central Clearing and Settlement System (CCASS) and who has notified the Company from time to time through Hong Kong Securities Clearing Company Limited to receive Corporate Communications). If you have sold or transferred your shares in the Company, please disregard this letter and the Request Form on the reverse side.

(2) Corporate Communications refer to any documents issued or to be issued by the Company including but not limited to (a) the directors' reports, annual accounts together with a copy of the auditors' report and, when applicable, summary financial reports; (b) interim reports and, where applicable, summary interim reports; (c) notices of meetings; (d) listing documents; (e) circulars; (f) proxy forms and (g) reply slips.