At the 2007 Annual General Meeting of Shareholders held on 7 Apr 2008, the 2007 Profit Distribution Scheme was examined and approved.

According to audited data provided by the accounting firm engaged by the company, the company's net profit in 2007 was RMB 2,101,189,228.68. Ten percent of the net profit, RMB 210,118,922.87, will be retained as statutory surplus reserve. In accordance with the Administrative Measures of the Ministry of Finance for the Withdrawal of Reserves for Non-performing Debts of Financial Enterprises, RMB1,426,000,000.00 will be retained as general reserve.

The company plans to issue a cash dividend of RMB 1.10 (taxes included), or RMB 0.99 (taxes deducted) for every 10 shares held on the basis of 4.2 billion total issued shares. RMB 462 mln will be distributed and the remaining undistributed profit will be reserved for distribution in the following year.

Record date: 5 May 2008
Ex-dividend date: 6 May 2008
Cash dividend payable date: 12 May 2008

Address of the office of the board of directors: Huaxia Bank Building, 22 Neidajie Street, Jianguomen, Dongcheng District, Beijing
Tel: 010 - 85239938
Fax: 010 - 85239605

Board of Directors
28 Apr 2008

CN01/LZ/BT/GB