Whats about the policy of the Bank for the dividend distribution?
The total distributable profit of the Bank in 2008, which is calculated according to the data of financial statements compiled in line with the domestic financial report standards, reaches RMB 3.330 billion in total for the planned distributed dividends. Taking the total share capital of A-share and H-share as the base, the cash dividend of RMB 0.853 (before tax) is distributed for each 10 shares, which is calculated and announced in RMB, paid to A-share shareholders in RMB, and paid to H-share shareholder in HKD. The dividend for H-share is distributed in HKD and its amount is calculated as per the average benchmark rate for the exchange of RMB that is published by the Peoples Bank of China a week before (including the very day when the meeting is held) the annual general meeting of shareholders. In the fiscal year of 2008, the plan on conversion of capital reserve into share capital is not implemented. The said plan for profit distribution will be submitted to the 2008 annual general
