China CITIC Bank : Announcements and Notices - VOLUNTARY ANNOUNCEMENT IN RELATION TO THE INCREASE IN SHAREHOLDING OF THE BANK BY THE SHAREHOLDER OF THE CONTROLLING SHAREHOLDER

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中信銀行股份有限公司 China CITIC Bank Corporation Limited

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

(Stock Code: 998)

VOLUNTARY ANNOUNCEMENT IN RELATION TO THE INCREASE IN SHAREHOLDING IN THE BANK BY SHAREHOLDER OF THE CONTROLLING SHAREHOLDER OF THE BANK

On 22 January 2016, China CITIC Bank Corporation Limited (the "Bank") was informed by CITIC Limited (the "CITIC Limited"), the shareholder of the Bank's controlling shareholder CITIC Corporation Limited (the "CITIC Corporation"), that CITIC Limited through its subsidiary(ies) increased its shareholding in the Bank by acquiring a certain amount of H shares of the Bank via the trading system of the stock exchange. Details are set out as follows:

1. INCREASE IN SHAREHOLDING

   
   

   On 8 July 2015, the de facto controller of the Bank, CITIC Group Corporation (the "CITIC Group") wrote to the Bank and notified that, in light of the abnormal fluctuation of the domestic stock market, and in order to promote the sustainable, stable and healthy development of the capital market, safeguard the legal rights and interests of all classes of shareholders of listed companies, during the abnormal fluctuation period of the stock market, CITIC Group undertakes that it would not reduce its shareholding of the Bank, and will increase the shareholding of the Bank when appropriate. Please refer to the announcement of the Bank dated 8 July 2015 regarding the undertaking of the de facto controller not to dispose of shares and to increase its shareholding in the Bank when appropriate for details.

   
   

   As at 22 January 2016, CITIC Limited (controlled by CITIC Group) has, through its subsidiary(ies), increased its shareholding in the Bank by acquiring 10,313,000 H shares in aggregate. After completion of such increase in shareholding, CITIC Limited and its subsidiary(ies) hold 31,417,305,773 shares of the Bank in aggregate, representing 64.20% of the total shares of the Bank, of which it holds 28,938,928,294 A shares of the Bank, representing 59.14% of the total shares of the Bank, and 2,478,377,479 H shares of the Bank, representing 5.06% of the total shares of the Bank.

   
   

2. FURTHER PLAN ON INCREASE IN SHAREHOLDING

CITIC Limited (including its subsidiary(ies)) intend to continue increasing its shareholding in the Bank before 21 January 2017 when appropriate, provided that the accumulated percentage of the increase in the shareholding in the Bank will not exceed 5% of the total issued share capital of the Bank (inclusive of this increase in shareholding).

1. This shareholding increase complies with the provisions of the Securities Law of the People's Republic of China and other applicable laws, regulations, department regulations and stock exchange listing rules.

2. CITIC Group, the de facto controller of the Bank, undertakes that it will not reduce its shareholding in the Bank during the implementation of the increase in shareholding and within the statutory restricted period.

   
   

3. The Bank will continue to pay attention to the situation regarding CITIC Limited's shareholding increase in the Bank and make timely disclosure of the relevant information pursuant to the relevant regulations including without limitation the Listing Rules of Shanghai Stock Exchange, Measures for the Administration of the Takeover of Listed Companies and Guidelines for the Increase in Shareholdings by Shareholders of Listed Companies and Persons Acting in Concert with Such Shareholders of Shanghai Stock Exchange.

By order of the Board of Directors

China CITIC Bank Corporation Limited Chang Zhenming

Chairman

Beijing, the PRC 25 January 2016

As at the date of this announcement, the executive directors of the Bank are Ms. Li Qingping and Mr. Sun Deshun; the non-executive directors are Mr. Chang Zhenming, Mr. Zhu Xiaohuang and Mr. Zhang Xiaowei; and the independent non-executive directors are Mr. Li Zheping, Ms. Wu Xiaoqing, Mr. Wong Luen Cheung Andrew and Mr. Yuan Ming.