Result of the tenders of RMB Sovereign Bonds held on 21 November 2013

Tender Result

Tender Date                    :     21 November 2013

Bonds available for Tender     :     Three-year RMB Bonds

Issue Number                   :     BCMKFB13068

Issue Date                     :     22 November 2013

Maturity Date                  :     22 November 2016 (or the closest 
                                     Coupon payment date)

Application Amount             :     RMB 20,542 million

Issue Amount                   :     RMB  5,000 million

Average accepted Coupon Rate   :     2.48%

Highest accepted Coupon Rate
(Bonds’ Coupon)                :     2.60%

Lowest accepted Coupon Rate    :     2.00%

Allocation Ratio               :     Approximately 26.79%  

Tender Date                    :     21 November 2013

Bonds available for Tender     :     Five-year RMB Bonds

Issue Number                   :     BCMKFB13069

Issue Date                     :     22 November 2013

Maturity Date                  :     22 November 2018 (or the closest 
                                     Coupon payment date)

Application Amount             :     RMB 5,363 million

Issue Amount                   :     RMB 2,000 million

Average accepted Coupon Rate   :     2.92%

Highest accepted Coupon Rate
(Bonds’ Coupon)                :     3.09%

Lowest accepted Coupon Rate    :     2.00%

Allocation Ratio               :     Approximately 1.22%