GLOBAL OFFERING ANNOUNCEMENT OF ALLOTMENT RESULTS

Transcription

1 Unless otherwise defined in this announcement, terms defined in the prospectus of China Minsheng Banking Corp., Ltd. (the Bank ) dated Friday, 13 November 2009 (the Prospectus ) have the same meanings when used in this announcement. Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange ) and Hong Kong Securities Clearing Company Limited ( HKSCC ) take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities. Potential investors should read the Prospectus dated Friday, 13 November 2009 issued by the Bank for detailed information about the Global Offering described below before deciding whether or not to invest in the H Shares thereby being offered. The information contained herein does not constitute an offer of securities for sale in the United States. Securities may not be offered, sold or delivered within the United States unless they are registered under the United States Securities Act of 1933, as amended, or are exempt from registration. No public offering of securities will be made in the United States. The obligations of the Hong Kong Underwriters under the Hong Kong Underwriting Agreement to subscribe or purchase, and to procure applicants for the subscription or purchase of, the Hong Kong Offer Shares, are subject to termination by the Joint Sponsors together with any one of the other Joint Lead Managers Global Coordinators (for themselves and on behalf of the Hong Kong Underwriters) if certain grounds arise prior to 8:00 a.m. on the day that trading in the Offer Shares commences on the Hong Kong Stock Exchange, which is expected to be Thursday, 26 November Such grounds are set out in the section headed Underwriting in the Prospectus. It is important that you refer to that section for further details. In connection with the Global Offering, UBS AG, Hong Kong Branch, as stabilizing manager, and/or its affiliates or any person acting for it, on behalf of the Underwriters, may over-allocate or effect transactions with a view to stabilizing or maintaining the market price of the H Shares at a level higher than that which might otherwise prevail for a limited period commencing from the day on which the H Shares commence trading on the Hong Kong Stock Exchange up to 30 days from the last day for the lodging of applications under the Hong Kong Public Offering, being Friday, 18 December However, there is no obligation on the stabilizing manager, and/or its affiliates or any person acting for it to conduct any such stabilizing action. Such stabilization may be effected in all jurisdictions where it is permissible to do so, in each case in compliance with all applicable laws and regulatory requirements, including the Securities and Futures (Price Stabilizing) Rules made under the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong). Such stabilization, if commenced, will be done at the absolute discretion of the stabilizing manager, and/or its affiliates or any person acting for it and may be discontinued at any time, and must be brought to an end after a limited period. The number of H Shares being offered in the Global Offering may be increased by up to and not more than an aggregate of 498,255,000 H Shares (representing approximately 15% of the initial Offer Shares under the Global Offering) through the exercise of the Over-allotment Option granted to the International Purchasers by the Bank exercisable by the Sole Global Coordinator on behalf of the International Purchasers to, among other things, cover over-allocations (if any) in the International Offering, which option is exercisable at any time from the date of the International Purchase Agreement until 30 days after the last day for lodging applications under the Hong Kong Public Offering being Friday, 18 December In the event that such Over-allotment Option is exercised, a press announcement will be made. Potential investors should be aware that stabilizing action cannot be taken to support the price of the Shares for longer than the stabilization period which begins on the commencement of trading of the Shares on the Hong Kong Stock Exchange which is expected to be on Thursday, 26 November 2009 and ends on the 30th day after the last day for the lodging of applications under the Hong Kong Public Offering, being Friday, 18 December After this date, when no further stabilizing action may be taken, demand for the Shares, and therefore its market price, could fall. (A joint stock limited company incorporated in the People s Republic of China with limited liability) GLOBAL OFFERING Number of Offer Shares under the Global Offering : 3,321,706,000 H Shares (subject to the Over-allotment Option) Number of Hong Kong Offer Shares : 664,342,000 H Shares (as adjusted after clawback) Number of International Offer Shares : 2,657,364,000 H Shares (as adjusted after clawback and subject to the Over-allotment Option) Offer Price : HK$9.08 per H Share (plus brokerage of 1%, SFC transaction levy of 0.004% and Hong Kong Stock Exchange trading fee of 0.005%) Nominal value : RMB1.00 each Stock code : 1988 Sole Global Coordinator Joint Sponsors Joint Bookrunners and Joint Lead Managers ANNOUNCEMENT OF ALLOTMENT RESULTS SUMMARY The Offer Price has been determined at HK$9.08 per H Share (exclusive brokerage of 1%, SFC transaction levy of 0.004% and Hong Kong Stock Exchanges trading fee of 0.005%) Based on the Offer Price of HK$9.08 per H Share, the net proceeds from the Global Offering to be received by the Bank, after deduction of the underwriting commission and other offering expenses and assuming no exercise of the Over-allotment Option, is estimated to be approximately HK$29,337 million. A total of 370,137 valid applications have been received pursuant to the Hong Kong Public Offering on WHITE and YELLOW Application Forms and through giving electronic application instructions to HKSCC via CCASS and to the White Form eipo Service Provider under the White Form eipo for a total of 26,418,147,000 Hong Kong Offer Shares, equivalent to approximately times of the total number of 166,086,000 Hong Kong Offer Shares initially available for subscription under the Hong Kong Public Offering. Due to the over-subscription in the Hong Kong Public Offering, the reallocation procedures as described in paragraph headed The Hong Kong Public Offering in the section headed Structure of the Global Offering of the Prospectus has been applied. A total number of 498,256,000 International Offer Shares have been reallocated from the International Offering to the Hong Kong Public Offering. As a result of such reallocation, the number of Offer Shares allocated to the Hong Kong Public Offering has been increased to 664,342,000 Offer Shares (before any exercise of the Overallotment Option), representing approximately 20% of the total number of Offer Shares initially available under the Global Offering. The Offer Shares initially offered under the International Offering have been significantly over-subscribed. The final number of Offer Shares under the International Offering is 2,657,364,000 H Shares. There has been an over-allocation of 498,255,000 H Shares. The settlement of such over overallocation will be effected by exercising the Over-allotment Option, which will be exercisable by the Sole Global Coordinator on behalf of the International Purchasers, or by making purchases in the secondary market at prices that do not exceed the Offer Price, or a combination of these means. In connection with the Global Offering, the Bank has granted the Over-allotment Option to the International Purchasers exercisable by the Sole Global Coordinator on behalf of the International Purchasers. Pursuant to the Over-allotment Option, the Sole Global Coordinator has the right, at any time from the Listing Date following announcement of the Offer Price, and is expected to expire on 18 December 2009, being the 30th day after the last date of lodging applications under the Hong Kong Public Offering, to require the Bank to allot and issue up to 498,255,000 additional H Shares, representing 15% of the initial Offer Shares, at the same price per Share under the International Offering, to cover over-allocations in the International Offering. In relation to the Hong Kong Public Offering, the Bank announces that the results of allocations which will include the Hong Kong identity card/passport/hong Kong business registration numbers of successful applicants will be made available at the times and dates and in the manner specified below: the website of the Bank at and the website of the Hong Kong Stock Exchange at from 9:00 a.m. on Wednesday, 25 November 2009; the Bank s Hong Kong Public Offering website at on a 24-hour basis from 8:00 a.m. on Wednesday, 25 November 2009 to 12:00 midnight on Tuesday, 1 December The user will be required to key in the Hong Kong identity card/passport/hong Kong business registration number provided in his/her/its application to search for his/her/its own allocation result; the Bank s Hong Kong Public Offering allocation results telephone enquiry line. Applicants may find out whether or not their applications have been successful and the number of Hong Kong Offer Shares allocated to them, if any, by calling between 9:00 a.m. and 10:00 p.m. from Wednesday, 25 November 2009 to Saturday, 28 November 2009; and special allocation results booklets at all the receiving bank branches and sub-branches listed in this announcement at the addresses set out in the paragraph headed Results of Allocations below during opening hours of individual branches and sub-branches from Wednesday, 25 November 2009 to Friday, 27 November Applicants who apply for 1,000,000 or more Hong Kong Offer Shares using White Form eipo or using WHITE Application Forms and have indicated their intention in their WHITE Application Forms to collect their H Share certificates in person may collect their H Share certificates in person from Computershare Hong Kong Investor Services Limited, at Shops , 17th Floor, Hopewell Centre, 183 Queen s Road East, Wanchai, Hong Kong between 9:00 a.m. and 1:00 p.m. on Wednesday, 25 November H Share certificates for Hong Kong Offer Shares allotted to applicants using WHITE Application Forms or White Form eipo which are either not available for personal collection, or which are so available but are not collected in person, are expected to be despatched by ordinary post to those entitled at their own risk on Wednesday, 25 November H Share certificates for Hong Kong Offer Shares allotted to applicants using YELLOW Application Forms and those who applied by giving electronic application instructions to HKSCC are expected to be deposited into CCASS for credit to their CCASS Investor Participant stock accounts or the stock accounts of their designated CCASS Participants at the close of business on Wednesday, 25 November Applicants who have applied for 1,000,000 Hong Kong Offer Shares or more using WHITE or YELLOW Application Forms and have indicated their intention in their Application Forms to collect their refund cheques in person may collect refund cheques (if any) in person from Computershare Hong Kong Investor Services Limited, at Shops , 17th Floor, Hopewell Centre, 183 Queen s Road East, Wanchai, Hong Kong between 9:00 a.m. and 1:00 p.m. on Wednesday, 25 November Refund cheques for wholly or partially unsuccessful applicants which are either not available for personal collection or which are so available but are not collected in person, are expected to be despatched by ordinary post to those entitled at their own risk on 25 November For applicants who have paid the application monies from a single bank account using White Form eipo, e-refund payment instructions (if any) are expected to be despatched to their application payment bank account on or around Wednesday, 25 November For applicants who have paid the application monies from multi-bank accounts using White Form eipo, refund cheques (if any) are expected to be despatched by ordinary post at their own risk on or around Wednesday, 25 November Refund monies for applicants applying by giving electronic application instructions to HKSCC are expected to be credited to the relevant applicants designated bank account or the designated bank account of their broker or custodian on Wednesday, 25 November Pursuant to the placing agreements entered into with our Cornerstone Investors as described in the section headed Cornerstone Investors of the Prospectus, Dr. Yeung Chun Kam and Mr. Yeung Chun Fan have purchased 85,353,000 H Shares, Pretty Wave Limited has purchased 85,353,000 H Shares, China Overseas Finance Investment Limited has purchased 51,212,000 H Shares, Ever Eagle Limited has purchased 42,677,000 H Shares and Ping An of China Asset Management (Hong Kong) Company Limited has purchased 25,606,000 H Shares, in all totalling 290,201,000 H Shares and representing in aggregate approximately 1.31% of the Bank s total issued share capital following the completion of the Global Offering assuming the Over-allotment Option is not exercised. H Share certificates will only become valid certificates of title at 8:00 a.m. on Thursday, 26 November 2009, provided that (a) the Global Offering has become unconditional in all aspects and (b) the right of termination as described in Underwriting Underwriting Arrangements and Expenses Hong Kong Public Offering Grounds for Termination in the Prospectus has not been exercised. The Bank will not issue any temporary documents of title. No receipts will be issued for application monies paid. Dealings in the H Shares on the Hong Kong Stock Exchange are expected to commence at 9:30 a.m. on Thursday, 26 November The H Shares will be traded in board lots of 500 Shares each. The stock code of the H Shares is APPLICATIONS AND INDICATIONS OF INTEREST RECEIVED The Offer Price has been determined at HK$9.08 per H Share (exclusive brokerage of 1%, SFC transaction levy of 0.004% and Hong Kong Stock Exchanges trading fee of 0.005%). Based on the Offer Price of HK$9.08 per H Share, the net proceeds from the Global Offering to be received by the Bank, after deduction of the underwriting commission and other offering expenses and assuming no exercise of the Over-allotment Option, is estimated to be approximately HK$29,337 million and the Bank currently intends to use such net proceeds to strengthen the Bank s capital base to support the ongoing growth of the Bank s business. The Directors announce that at the close of the application lists at 12:00 noon on Wednesday, 18 November 2009, a total of 370,137 valid applications (including applications on WHITE and YELLOW Application Forms and through giving electronic application instructions to HKSCC via CCASS and to the White Form eipo Service Provider through the White Form eipo Service) have been received pursuant to the Hong Kong Public Offering for a total of 26,418,147,000 Hong Kong Offer Shares, equivalent to approximately times the total number of 166,086,000 Hong Kong Offer Shares initially available under the Hong Kong Public Offering. Due to the over-subscription in the Hong Kong Public Offering, the reallocation procedures as described in paragraph headed The Hong Kong Public Offering in the section headed Structure of the Global Offering of the Prospectus has been applied. A total number of 498,256,000 International Offer Shares have been reallocated from the International Offering to the Hong Kong Public Offering. As a result of such reallocation, the number of Offer Shares allocated to the Hong Kong Public Offering has been increased to 664,342,000 Offer Shares (before any exercise of the Over-allotment Option), representing 20% of the total number of Offer Shares initially available under the Global Offering. Of the 370,137 valid applications on WHITE and YELLOW Application Forms or to the designated White Form eipo Service Provider through White Form eipo website ( and by electronic application instructions given to HKSCC for a total of 26,418,147,000 Hong Kong Offer Shares, a total of 363,652 applications in respect of a total of 9,053,116,000 Hong Kong Offer Shares were for Hong Kong Offer Shares with an aggregate subscription amount based on the maximum offer price of HK$9.50 per Offer Share (excluding brokerage of 1%, SFC transaction levy of 0.004% and Hong Kong Stock Exchange trading fee of 0.005% payable) of HK$5 million or less (representing approximately times the 83,043,000 Hong Kong Offer Shares initially comprised in Pool A), and a total of 6,485 applications in respect of a total of 17,365,031,000 Hong Kong Offer Shares were for Hong Kong Offer Shares with an aggregate subscription amount based on the maximum offer price of HK$9.50 per Offer Share (excluding brokerage of 1%, SFC transaction levy of 0.004% and Hong Kong Stock Exchange trading fee of 0.005% payable) of more than HK$5 million (representing approximately times the 83,043,000 Hong Kong Offer Shares initially comprised in Pool B). Applications not completed in accordance with the instructions set out in the Application Forms have been rejected. 322 multiple applications or suspected multiple applications have been identified and rejected. 721 applications have been rejected due to bounced cheques. 189 applications have been rejected due to invalid applications. No applications for more than 50% of the Hong Kong Offer Shares initially available under the Hong Kong Public Offering (that is, more than 83,043,000) have been identified. The Offer Shares offered in the Hong Kong Public Offering were conditionally allocated on the basis set out in the paragraph headed Basis of Allotment under the Hong Kong Public Offering below. INTERNATIONAL OFFERING Based on the Offer Price of HK$9.08 per Offer Share and pursuant to the cornerstone investment agreements with our Cornerstone Investors as described in the section headed Cornerstone Investors of the Prospectus, Dr. Yeung Chun Kam and Mr. Yeung Chun Fan agreed to purchase 85,353,000 H Shares, Pretty Wave Limited agreed to purchase 85,353,000 H Shares, China Overseas Finance Investment Limited agreed to purchase 51,212,000 H Shares, Ever Eagle Limited agreed to purchase 42,677,000 H Shares and Ping An of China Asset Management (Hong Kong) Company Limited agreed to purchase 25,606,000 H Shares, in all totalling 290,201,000 H Shares and representing in aggregate 1.31% of the Bank s total issued share capital following the completion of the Global Offering assuming the Over-allotment Option is not exercised. The Directors further announce that the Offer Shares initially offered under the International Offering have been significantly over-subscribed. The final number of Offer Shares under the International Offering is 2,657,364,000 H Shares. There has been an over-allocation of 498,255,000 H Shares. The settlement of such over over-allocation will be effected by exercising the Over-allotment Option, which will be exercisable by the Sole Global Coordinator on behalf of the International Purchasers, or by making purchases in the secondary market at prices that do not exceed the Offer Price, or a combination of these means. In connection with the Global Offering, the Bank has granted the Over-allotment Option to the International Purchasers exercisable by the Sole Global Coordinator on behalf of the International Purchasers. Pursuant to the Over-allotment Option, the Sole Global Coordinator has the right, at any time from the Listing Date following announcement of the Offer Price, and is expected to expire on 18 December 2009, being the 30th day after the last date of lodging applications under the Hong Kong Public Offering, to require the Bank to allot and issue up to 498,255,000 additional H Shares, representing 15% of the initial Offer Shares, at the same price per Share under the International Offering, to cover over-allocations in the International Offering. The Over-allotment Option has not yet been exercised. If the Over-allotment Option is exercised, a press announcement will be made. The Directors confirm that no Hong Kong Offer Shares have been allocated to applicants who are connected persons, directors or existing shareholders of the Bank within the meaning of the Hong Kong Listing Rules for their own accounts. The Directors confirm that the International Offering is in compliance with the placing guidelines for equity securities as set out in Appendix 6 to the Hong Kong Listing Rules and no placee will, individually, be placed more than 10% of the enlarged issued share capital of the Bank immediately after the Global Offering. None of the Joint Lead Managers and the Underwriters and their respective affiliated companies and connected clients (as set out in Appendix 6 to the Hong Kong Listing Rules) has taken up any H Shares for its own benefit under the Global Offering. The Directors confirm that none of the placees under the International Offering will become a substantial shareholder of the Bank after the International Offering within the meaning of the Hong Kong Listing Rules. BASIS OF ALLOTMENT UNDER THE HONG KONG PUBLIC OFFERING Due to the over-subscription in the Hong Kong Public Offering, the clawback mechanism has been applied and the number of Offer Shares allocated to the Hong Kong Public Offering has been increased to 664,342,000 Offer Shares, comprising, in turn, 332,171,000 Offer Shares in Pool A and 332,171,000 Offer Shares in Pool B, representing in aggregate approximately 20% of the total number of Offer Shares initially available under the Global Offering (before any exercise of the Over-Allotment Option).

2 Valid applications made by the public on WHITE and YELLOW Application Forms, by electronic application instructions given to HKSCC via CCASS and to the White Form eipo Service Provider through the designated White Form eipo website will be conditionally allotted on the basis set out below: Approximate percentage No. of Shares No. of valid allotted of the total no. of applied for applications Basis of allotment/ballot Shares applied for POOL A ,377 27,113 out of 90,377 to receive 500 Shares 30.00% 1,000 30,268 15,134 out of 30,268 to receive 500 Shares 25.00% 1,500 10,180 6,719 out of 10,180 to receive 500 Shares 22.00% 2,000 14,324 11,459 out of 14,324 to receive 500 Shares 20.00% 2,500 7,347 6,612 out of 7,347 to receive 500 Shares 18.00% 3,000 8, Shares 16.67% 3,500 2, Shares plus 138 out of 2,768 to receive additional 500 Shares 15.00% 4,000 5, Shares plus 636 out of 5,299 to receive additional 500 Shares 14.00% 4,500 2, Shares plus 395 out of 2,324 to receive additional 500 Shares 13.00% 5,000 26, Shares plus 6,300 out of 26,251 to receive additional 500 Shares 12.40% 6,000 6, Shares plus 2,290 out of 6,432 to receive additional 500 Shares 11.30% 7,000 3, Shares plus 1,264 out of 3,101 to receive additional 500 Shares 10.05% 8,000 5, Shares plus 2,548 out of 5,791 to receive additional 500 Shares 9.00% 9,000 2, Shares plus 1,061 out of 2,411 to receive additional 500 Shares 8.00% 10,000 36, Shares plus 20,261 out of 36,160 to receive additional 500 Shares 7.80% 15,000 16,033 1,000 Shares 6.67% 20,000 17,267 1,000 Shares plus 6,907 out of 17,267 to receive additional 500 Shares 6.00% 25,000 6,059 1,000 Shares plus 3,635 out of 6,059 to receive additional 500 Shares 5.20% 30,000 8,918 1,000 Shares plus 6,243 out of 8,918 to receive additional 500 Shares 4.50% 35,000 4,608 1,000 Shares plus 3,686 out of 4,608 to receive additional 500 Shares 4.00% 40,000 5,092 1,000 Shares plus 4,481 out of 5,092 to receive additional 500 Shares 3.60% 45,000 1,750 1,000 Shares plus 1,698 out of 1,750 to receive additional 500 Shares 3.30% 50,000 13,748 1,500 Shares 3.00% 60,000 4,214 1,500 Shares plus 2,023 out of 4,214 to receive additional 500 Shares 2.90% 70,000 2,847 1,500 Shares plus 2,619 out of 2,847 to receive additional 500 Shares 2.80% 80,000 2,248 2,000 Shares 2.50% 90,000 1,281 2,000 Shares plus 525 out of 1,281 to receive additional 500 Shares 2.45% 100,000 12,454 2,000 Shares plus 9,963 out of 12,454 to receive additional 500 Shares 2.40% 150,000 3,423 3,500 Shares 2.33% 200,000 4,657 4,500 Shares 2.25% 250,000 1,265 5,500 Shares 2.20% 300,000 1,700 6,500 Shares 2.17% 350, ,500 Shares 2.14% 400,000 1,312 8,500 Shares 2.13% 450, ,000 Shares 2.00% 500,000 1,855 9,500 Shares plus 371 out of 1,855 to receive additional 500 Shares 1.92% 363,652 Approximate percentage No. of Shares No. of valid allotted of the total no. of applied for applications Basis of allotment/ballot Shares applied for POOL B 600,000 1,702 11,000 Shares plus 1,625 out of 1,702 to receive additional 500 Shares 1.91% 700, ,000 Shares plus 233 out of 298 to receive additional 500 Shares 1.91% 800, ,000 Shares plus 179 out of 296 to receive additional 500 Shares 1.91% 900, ,000 Shares plus 66 out of 153 to receive additional 500 Shares 1.91% 1,000,000 1,745 19,000 Shares plus 449 out of 1,745 to receive additional 500 Shares 1.91% 2,000, ,000 Shares plus 415 out of 806 to receive additional 500 Shares 1.91% 3,000, ,000 Shares plus 367 out of 475 to receive additional 500 Shares 1.91% 4,000, ,500 Shares plus 5 out of 166 to receive additional 500 Shares 1.91% 5,000, ,500 Shares plus 72 out of 249 to receive additional 500 Shares 1.91% 6,000, ,500 Shares plus 52 out of 96 to receive additional 500 Shares 1.91% 7,000, ,500 Shares plus 39 out of 48 to receive additional 500 Shares 1.91% 8,000, ,000 Shares plus 4 out of 64 to receive additional 500 Shares 1.91% 9,000, ,000 Shares plus 8 out of 26 to receive additional 500 Shares 1.91% 10,000, ,000 Shares plus 115 out of 200 to receive additional 500 Shares 1.91% 20,000, ,500 Shares plus 13 out of 88 to receive additional 500 Shares 1.91% 30,000, ,500 Shares plus 17 out of 24 to receive additional 500 Shares 1.91% 40,000, ,000 Shares plus 5 out of 17 to receive additional 500 Shares 1.91% 50,000, ,000 Shares plus 7 out of 8 to receive additional 500 Shares 1.91% 60,000, ,147,500 Shares plus 2 out of 5 to receive additional 500 Shares 1.91% 70,000, ,339,000 Shares 1.91% 83,043, ,588,500 Shares 1.91% 6,485 The final number of Offer Shares comprised in the Hong Kong Public Offering is 664,342,000, representing approximately 20% of the Offer Shares in the Global Offering (before any exercise of the Over-allotment Option). RESULTS OF ALLOCATIONS The results of allocations of Hong Kong Offer Shares in the Hong Kong Public Offering, including applications made on WHITE and YELLOW Application Forms and through giving electronic application instructions to HKSCC via CCASS and to the White Form eipo Service Provider through the designated White Form eipo website and the Hong Kong Identity Card/passport/Hong Kong Business Registration numbers of successful applicants will be made available at the times and dates and in the manner specified below: the website of the Bank at and the website of the Hong Kong Stock Exchange at from 9:00 a.m. on Wednesday, 25 November 2009; the Bank s Hong Kong Public Offering website at on a 24-hour basis from 8:00 a.m. on Wednesday, 25 November 2009 to 12:00 midnight on Tuesday, 1 December The user will be required to key in the Hong Kong identity card/passport/hong Kong business registration number provided in his/her/its application to search for his/her/its allocation result; the Bank s Hong Kong Public Offering allocation results telephone enquiry line. Applications may find out whether or not their applications have been successful and the number of Hong Kong Offer Shares allocated to them, if any, by calling between 9:00 a.m. and 10:00 p.m. from Wednesday, 25 November 2009 to Saturday, 28 November 2009; and special allocation results booklets at all the receiving bank branches and sub-branches listed in this announcement at the addresses set out herein during opening hours of individual branches and sub-branches from Wednesday, 25 November 2009 to Friday, 27 November (a) Bank of China (Hong Kong) Limited Branch Name Address Hong Kong Island Central District (Wing On House) Branch 71 Des Voeux Road Central Bank of China Tower Branch 3/F, 1 Garden Road Kowloon Mong Kok (President Commercial 608 Nathan Road, Mong Kok Centre) Branch Hoi Yuen Road Branch 55 Hoi Yuen Road, Kwun Tong New Territories Lucky Plaza Branch Lucky Plaza, Wang Pok Street, Shatin Kau Yuk Road Branch Kau Yuk Road, Yuen Long (b) Bank of Communications Co., Ltd Hong Kong Branch Branch Name Address Hong Kong Island Hong Kong Branch 20 Pedder Street, Central North Point Sub-Branch King s Road, North Point Kowloon Cheung Sha Wan Plaza Sub-Branch Unit G04, Cheung Sha Wan Plaza, 833 Cheung Sha Wan Road Wong Tai Sin Sub-Branch Shops , 1/F., Lung Cheung Mall, 136 Lung Cheung Road, Wong Tai Sin New Territories Tsuen Wan Sub-Branch G/F, Shop G10-11, Pacific Commercial Plaza, Bo Shek Mansion, 328 Sha Tsui Road, Tsuen Wan Tseung Kwan O Sub-Branch Shop , Metro City Shopping Arcade, Phase I, Tseung Kwan O (c) The Bank of East Asia, Limited Branch Name Address Hong Kong Island North Point Branch King s Road Chai Wan Branch 345 Chai Wan Road Kowloon Mongkok North Branch G/F, Kalok Building, Nathan Road, Mongkok Amoy Plaza Branch Shop G , G/F, Amoy Gardens Phase II, 77 Ngau Tau Kok Road New Territories Tuen Mun Town Plaza Branch Shop 2-10, UG/F, Tuen Mun Town Plaza Phase II, 3 Tuen Lung Street, Tuen Mun Tai Po Plaza Branch Units 49-52, Level 1, Tai Po Plaza (d) The Hongkong and Shanghai Banking Corporation Limited Branch Name Address Hong Kong Island Sheung Wan Branch Shop A, G/F, Guangdong Investment Tower, Des Voeux Road Central Hong Kong Office Level 3, 1 Queen s Road Central Hay Wah Building Branch G/F, Hay Wah Bldg, 71-85B Hennessy Rd, Wan Chai Chai Wan Branch Shop No. 1-11, Block B, G/F, Walton Estate, Chai Wan Kowloon Mong Kok Branch L/G & U/G, 673 Nathan Road, Mong Kok Kwun Tong Branch No. 1, Yue Man Square, Kwun Tong (e) Standard Chartered Bank (Hong Kong) Limited Branch Name Address Hong Kong Island Aberdeen Branch Shop 4A, G/F, Aberdeen Centre Site 5, No.6 Nam Ning Street, Aberdeen Central Branch Shop no. 16, G/F and Lower G/F, New World Tower, Queen s Road Central Hennessy Road Branch 399 Hennessy Road, Wanchai Quarry Bay Branch G/F, Westlands Gardens, 1027 King s Road, Quarry Bay Kowloon Tsimshatsui Branch G/F, 10 Granville Road, Tsimshatsui Yaumati G/F - 1/F, Ming Fong Bldg., 564 Nathan Road, Yaumati Applicants who wish to obtain their results of allocations are encouraged to make use of the Bank s Hong Kong Public Offering allocation results enquiry line or to use the Bank s Hong Kong Public Offering website Applicants applying through their designated CCASS Participants (other than CCASS Investor Participants) can arrange with their designated CCASS Participants to advise them of the number of Offer Shares allocated under their applications. Successful CCASS Investor Participants can check the number of Offer Shares allocated to them via the CCASS Phone System and CCASS Internet System on Wednesday, 25 November 2009 or from the activity statement that will be made available by HKSCC to them showing the number of Hong Kong Offer Shares credited to their CCASS Investor Participant stock accounts. COLLECTION / POSTING OF H SHARE CERTIFICATES Applicants who apply for and are successfully or partially successfully allocated 1,000,000 or more Hong Kong Offer Shares using White Form eipo or those using WHITE Application Forms and have indicated their intention in their WHITE Application Forms to collect their H Share certificates in person may collect their share certificates in person from the H Share Registrar, Computershare Hong Kong Investor Services Limited, at Shops , 17th Floor, Hopewell Centre, 183 Queen s Road East, Wanchai, Hong Kong between 9:00 a.m. and 1:00 p.m. on Wednesday, 25 November Applicants being individuals who opt for personal collection must not authorise any other person to make collection on their behalf. Applicants being corporations which opt for personal collection must attend by sending their authorised representatives each bearing a letter of authorisation from their corporation stamped with their corporation s chop. Both individuals and authorised representatives (if applicable) must produce, at the time of collection, evidence of identity acceptable to the H Share Registrar. Uncollected share certificates will be despatched by ordinary post and at the applicant s own risk to the addresses as specified in the WHITE Application Forms or their electronic application instructions to designated White Form eipo Service Provider on Wednesday, 25 November Wholly or partially successful applicants who applied on a YELLOW Application Form or by giving electronic application instructions to HKSCC and elected to have allocated Hong Kong Offer Shares deposited directly into CCASS, will have H share certificates issued in the name of HKSCC Nominees Limited and deposited directly into CCASS for credit to their CCASS Investor Participant stock accounts or the stock accounts of their designated CCASS Participants as instructed by them in respect of applications which are wholly or partially successful at the close of business on Wednesday, 25 November Applicants applying through a designated CCASS Participant (other than a CCASS Investor Participant) using YELLOW Application Forms should check the number of the Hong Kong Offer Shares allotted to them with that CCASS Participant. Applicants applying as a CCASS Participant on YELLOW Application Forms or by giving electronic application instructions through HKSCC via CCASS should check and report any discrepancies to HKSCC before 5:00 p.m. on Wednesday, 25 November 2009 or such other date as shall be determined by HKSCC or HKSCC Nominees. REFUND OF APPLICATION MONIES Applicants who have applied for 1,000,000 Hong Kong Offer Shares or more or using WHITE or YELLOW Application Forms and have indicated their intention in their Application Forms to collect their refund cheques in person may collect refund cheques (if any) in person from the H Share Registrar, Computershare Hong Kong Investor Services Limited at Shops , 17th Floor, Hopewell Centre, 183 Queen s Road East, Wanchai, Hong Kong between 9:00 a.m. and 1:00 p.m. on Wednesday, 25 November Refund cheques which are either not available for personal collection, or which are available but are not collected in person, will be despatched by ordinary post to the address as specified in the WHITE or YELLOW Application Forms at the applicant s own risk on Wednesday, 25 November For applicants who have paid the application monies from a single bank account using White Form eipo, e-refund payment instructions (if any) are expected to be despatched to their application payment bank account on or around Wednesday, 25 November For applicants who have paid the application monies from multi-bank accounts using White Form eipo, refund cheques (if any) are expected to be despatched by ordinary post at their own risk on or around Wednesday, 25 November Refund monies for applicants applying by giving electronic application instructions to HKSCC are expected to be credited to the relevant applicants designated bank account or the designated bank account of their broker or custodian on Wednesday, 25 November For applicants applying (whether using YELLOW Application Forms or by giving electronic application instructions to HKSCC) as CCASS Investor Participants, they can also check their new account balance and the amount of refund (if any) payable to them via the CCASS Phone System or the CCASS Internet System at (using the procedures contained in HKSCC s An Operating Guide for Investor Participants in effect from time to time) immediately after the credit of the Offer Shares to their stock account on Wednesday, 25 November HKSCC will also make available to such application activity statements showing the number of Offer Shares credited to their CCASS Investor Participants stock accounts and (for CCASS Investor Participants applying by giving electronic application instructions to HKSCC) the refund amount credited to their respective designated bank accounts (if any). OVER-ALLOTMENT OPTION In connection with the Global Offering, the Bank has granted the Over-allotment Option to the International Purchasers exercisable by the Sole Global Coordinator on behalf of the International Purchasers. Pursuant to the Over-allotment Option, the Sole Global Coordinator has the right, at any time from the Listing Date following announcement of the Offer Price, and is expected to expire on 18 December 2009, being the 30th day after the last date of lodging applications under the Hong Kong Public Offering, to require the Bank to allot and issue up to 498,255,000 additional H Shares, representing 15% of the initial Offer Shares, at the same price per Share under the International Offering, to cover over-allocations in the International Offering. PUBLIC FLOAT Immediately following completion of the Global Offering and before the exercise of the Over-allotment Option, the number of H Shares in public hands represents 15% of the total issued share capital of the Bank and the number of shares of the Bank held in public hands will represent at least 25% of the total issued share capital of the Bank, which percentages will satisfy the public float requirements under Rule 8.08(1)(b) of the Hong Kong Listing Rules. NET PROCEEDS OF THE GLOBAL OFFERING After deducting the underwriting commission and other estimated offering expenses, we estimate that the net proceeds to us of the Global Offering will be approximately HK$29,337 million, assuming the Over-allotment Option is not exercised. COMMENCEMENT OF DEALINGS IN THE H SHARES Dealings in the H Shares on the Hong Kong Stock Exchange are expected to commence at 9:30 a.m. on Thursday, 26 November The H Shares will be traded in board lots of 500 Shares each. The stock code of the H Shares is Assuming the Global Offering becomes unconditional in all aspects at 8:00 a.m. on Thursday, 26 November 2009, dealings in the H Shares on the Hong Kong Stock Exchange are expected to commence at 9:30 a.m. on Thursday, 26 November The Bank will not issue any temporary documents of title. No receipts will be issued for application monies paid. By order of the Board China Minsheng Banking Corp., Ltd. Dong Wenbiao Chairman Hong Kong, 25 November 2009 At the date of this announcement, the executive Directors of the Bank are Mr. Dong Wenbiao, Mr. Hong Qi and Mr. Liang Yutang; the non-executive Directors of the Bank are Mr. Zhang Hongwei, Mr. Lu Zhiqiang, Mr. Liu Yonghao, Mr. Wang Yugui, Mr. Chen Jian, Ms. Wong Hei, Mr. Shi Yuzhu, Mr. Wang Hang and Mr. Wang Junhui; and the independent non-executive Directors are Mr. Andrew Wong, Mr. Wang Songqi, Mr. Liang Jinquan, Mr. Wang Lihua, Mr. Qin Rongsheng and Mr. Han Jianmin. * For identification purpose only

3 Results of Applications (White Form)

4 Results of Applications (White Form)

5 A A A A A A A A A A A A079672A A015373A 500 A A A A A A A049460A 500 A A A A A A A A A051189A 500 A A A052407A 500 A A A A A A A A A052911A 500 A A021027A 1500 A A A A A A A A A A A A A054383A 1000 A082846A A A A A A A A024896A 500 A A A A A A A A A A A A A E A A A A027295A 500 A056702A 1000 A A A A084550A A A A A A A A A A A A A A029144A 500 A A086394A A A A A A A A A A A031637A 1000 A A A A A A A A A A A A A A A A A090042A A A A A A A A A063441A 500 A A A A A A A A A A A036403A 1000 A A091613A A A A A A A A A A A A A A A A A A A A A A A A A A A A039799A 500 A A A A A068350A 1000 A A A A A A A A A A003580A 1000 A A A A A040404A 500 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A073421A 1000 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A077257A 500 A A A A A A A A A A A A A A011243A 1000 A A A A A A A Results of Applications (White Form)