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Announcement on adjustment of inter-bank remittance charges of Elite Club Account
 

Dear Customer:

In accordance with the requirements issued by the Regulatory Commission specific to the intermediary services charges of commercial banks, inter-bank remittance via ICBC outlets applicable to customers of ICBC Elite Club Account will be changed from "0.5% of the amount of remittance, max: RMB 25 each, min: RMB 1 each" to "1% of the amount of remittance, max: RMB 50 each, min: RMB 1 each". New rate will be effective from September 25, 2008. To enjoy more VIP benefits, you are welcomed to remit via Personal Internet Banking (VIP Version) where VIP benefits for e-Transfer include 20% discount off (0.8% of the amount of remittance, max: RMB 40 each, min: RMB 0.8 each).

               
Industrial and Commercial Bank of China Limited
                                 August 25, 2008

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