POSTAL SAVINGS BANK of CHINA : FORM OF PROXY FOR THE SECOND EXTRAORDINARY GENERAL MEETING OF 2017 2017-09-12

中 國 郵 政 儲 蓄 銀 行 股 份 有 限 公 司

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

Number of shares to which this form of proxy relates Domestic Shares/H Shares (Note 2)

I/We (Note 1) of (Note 1) , being the registered holder(s) of Domestic Shares/ H Shares (Note 2) of Postal Savings Bank of China Co., Ltd. (the "Bank"), hereby appoint the Chairman of the meeting or

of (Note 3) as my/our proxy to attend and vote for me/us and on my/our behalf at the second extraordinary general meeting of 2017 to be held at Xi'an Ballroom I, 5/F, InterContinental Beijing Financial Street (No. 11 Financial Street, Xicheng District, Beijing, the PRC) on Friday, October 27, 2017 at 9:00 a.m. or at any adjournment thereof as indicated hereunder in respect of the following resolutions. In the absence of any instruction, the proxy may vote at his/her own discretion.

For details of the above resolutions, please refer to the circular dated September 12, 2017 of the Bank.

Date: Signature (Note5, 6 and 7):

Notes:

1. Please insert the full name(s) and address(es) (as shown in the register of members) in BLOCK CAPITALS. The names of all joint registered holders should be stated.

2. Please delete as appropriate and insert the number of shares in the Bank registered in your name(s) to which this form of proxy relates. If no number is inserted, this form of proxy will be deemed to be related to all the shares in the capital of the Bank registered in your name(s) (whether held alone or jointly with others).

3. If any proxy other than the Chairman of the meeting is preferred, please delete the words "the Chairman of the meeting" and insert the name and address of the proxy desired in the space provided. A shareholder may appoint one or more proxies to attend and vote in his stead. A proxy needs not be a shareholder of the Bank. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALED BY THE PERSON WHO SIGNS IT.

4. IMPORTANT: IF YOU WISH TO VOTE FOR ANY RESOLUTION, PLEASE PLACE A "3" IN THE BOX MARKED "FOR". IF YOU WISH TO VOTE AGAINST ANY RESOLUTION, PLEASE PLACE A "3" IN THE BOX MARKED "AGAINST". IF YOU WISH TO ABSTAIN FROM VOTING, PLEASE PLACE A "3" IN THE BOX MARKED "ABSTAIN". If the form returned is duly signed but without specific instruction on any of the resolutions, the proxy is entitled to vote or abstain from voting at his discretion in respect of all resolutions; or if in respect of a particular proposed resolution there is no specific instruction, the proxy is entitled, in relation to that particular proposed resolution, to vote or abstain from voting at his discretion. A proxy will also be entitled to vote at his discretion on any resolution properly put to the meeting other than those set out in the notice convening the meeting. The shares abstained from voting will be counted in the calculation of the majority required for approving a resolution.

5. This form of proxy must be signed by you or your attorney duly authorized in writing or, in the case of a corporation, must be executed under its common seal or under the hand of its legal representative or an attorney duly authorized to sign the same. If this form of proxy is signed by an attorney of the appointer, the power of attorney authorizing that attorney to sign, or other documents of authorization, must be notarized.

6. In the case of joint holders, the one whose name stands first in the register of members shall alone be entitled to attend and vote at the meeting in respect of such shares.

7. In order to be valid, this form of proxy together with any notarized power of attorney or other documents of authorization (if any) must be deposited at (i) the Bank's H Share registrar, Computershare Hong Kong Investor Services Limited at 17M/F, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong (for holders of H Shares) or (ii) the registered office of the Bank at No. 3 Financial Street, Xicheng District, Beijing, the PRC (for holders of Domestic Shares) not less than 24 hours before the time appointed for the meeting or any adjourned meeting thereof (i.e. before 9:00 a.m. on Thursday, October 26, 2017). Unless otherwise specified, the dates and time contained in this proxy form are in Hong Kong time.

* Postal Savings Bank of China Co., Ltd. is not an authorized institution within the meaning of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorized to carry on banking and/or deposit-taking business in Hong Kong.