Industrial & Commercial Bank of ChinaIndustrial & Commercial Bank of China

2016 Interim Results Announcement2016 Interim Results Announcement

601398 SH | 1398 HK

- 2 -

DisclaimerDisclaimer

This material is prepared by Industrial and Commercial Bank of China Limited (the "Bank")

without independent verification. It does not express or imply any representation or

warranty, and the accuracy, fairness or completeness of any information stated or contained

in it should also not be relied upon. The Bank and any of its affiliates, advisors or

representatives will not accept any responsibility for any loss caused in any manner

whatsoever due to any information stated or contained in this material.

This material may contain certain forward-looking statements that involve known or

unknown risks and uncertainties, and is based on the current forecasts, assumptions and

expectations of the Bank and the industry (collectively, the "expectations") in which the Bank

operates. Unless otherwise required by law, the Bank assumes no obligation to update such

forward-looking statements whether as a result of future events or circumstances, and it

does not assume any obligation to update the expectations. Although the Bank believes that

the expectations reflected in the forward-looking statements are reasonable, it cannot

guarantee that the expectations will be proved to be correct in the future. Investors should

note that actual results could be different from those expectations, and should not rely upon

any forward-looking contents contained in this material.

- 3 -

Financial HighlightsFinancial Highlights

2016 1H 2015 1H

Profit before provision (RMB 100 million) 2,395 2,366 +1.22%

Net profit (RMB 100 million) 1,507 1,494 +0.82%

Basic earnings per share (RMB) 0.42 0.42 -

Weighted average return on equity 16.83% 18.86% -2.03 pps

Average return on total assets 1.32% 1.39% -7 bps

Cost-to-income ratio 23.44% 23.71% -27 bps

Change

- 4 -

LoansLoans

The balance of all loans stood at RMB 12.6773 trillionup by 6.2% compared to the end of the previous year

RMB 100 million

Personal Loans

PersonalLoans

DiscountedBills

CorporateLoans

- 5 -

Customer DepositsCustomer Deposits

RMB 100 million Balance of Customer Deposit

Domestic, % 2016.06.30 2015.12.31 2014.12.31 2013.12.31

Demand deposit 51.69 50.01 48.66 49.65

Time deposit 48.31 49.99 51.34 50.35

PersonalDeposits

OtherDeposits

CorporateDeposits

↑ 1,087.6bn from 2015 end↑ 725.3bn from 2014 end

↑ 935.8bn from 2013 end

- 6 -

Net Interest MarginNet Interest Margin

* Annualized

Interest income 3,952

RMB 100 million

Item (%) 2016 1H* 2015 FY 2015 1H*

Yield on interest-generating assets 3.73 4.24 4.38

Cost of interest-bearing liabilities 1.66 1.94 2.04

Net interest spread (NIS) 2.07 2.30 2.34

Net interest margin (NIM) 2.21 2.47 2.53

- 7 -

RMB 100 million

Fee and Commission IncomeFee and Commission Income

Bank Card

Investment Banking

Sttlement, Clearing& Cash Mgmt

Personal WM & PB

Corporate WM

Asset Custody

Guarantee & Commitment

Trust & Agency

Enterprise Annuity&Others

Net fee and commission income was RMB 81.7 bnup by RMB 4.6 bn and 6.0% y-o-y

- 8 -

Asset QualityAsset Quality

　 NPLs NPL ratio NPLs NPL ratio

Corporate loans 1,451 1.78% 1,353 1.72%

Discounted bills 5.99 0.09% 5.24 0.10%

Personal loans 506 1.31% 437 1.23%

Total 1,963 1.55% 1,795 1.50%

RMB 100 million 2016.06.30 2015.12.31

　 Amount Percentage Amount Percentage

Pass 118,589 93.54% 112,335 94.14%

Special mention 6,221 4.91% 5,205 4.36%

NPL 1,963 1.55% 1,795 1.50%

Substandard 988 0.78% 1,048 0.87%

Doubtful 774 0.61% 605 0.51%

Loss 201 0.16% 142 0.12%

- 9 -

Capital Adequacy RatioCapital Adequacy Ratio

14.26% 15.22%

12.54% 12.87%

CAR – 96 BPs

Core Tier 1 CAR – 33 BPs

2016.6.30 2015.12.31

RMB 100 million

13.11% 13.48%Tier 1 CAR – 37 BPs

20,121

17,811

17,015

20,101

18,476

17,678

Net capital base

Net tier 1 capital

Net core tier 1 capital

- 10 -

e-ICBCe-ICBC

ICBC Mall ICBC Link ICBC Mobile

e-ICBCInternet Financing Center

In respect of standardized small loan service with symmetrical information, the Bank utilized the Internet and big data to establish the risk control models and to realize self-service online operation, automatic business processing and accurate risk monitoring

The balance of online financing was RMB 604bn, benefiting 24 thousand small merchants

E-banking users: 565 million; transaction value: RMB 284 trillion; % of E-banking: 91%

The e-commerce platform "ICBC Mall" helps the Bank to put together customers and merchants, connect trading and financing, innovate in the new-typed customer relationships featuring the integration of finance and commerce, and improve the customer viscosity and activeness.

ICBC Link aims at becoming an interactive platform for instant information exchange, business consultancy, communication and sharing between the Bank and its customers, inside the Bank and among the customers, and developing a new financial service model featuring socialized finance and interactive marketing.

The Bank went all out to promote the construction of ICBC Mobile's open-ended network banking, by highlighting the open, intelligent and individualized concepts and comprehensively upgrading its brand, functions and services.

1H transaction value: RMB 681.4bn Registered users: 30mn Mobile users: 210mn

- 11 -

Internationalization & DiversificationInternationalization & Diversification

The Bank has branched out its operations to 42 countries and regions with 412 institutions and indirectly covered 20 African countries via equity investment in the Standard Bank

The total assets of overseas institutions stood at USD 304.84 bn, up by 8.9% compared to the end of the previous year, accounting for 8.6% of the Group's total

Internationalization

ICBC-AXA ICBC-AXA Life values equally business size and value and steps up transformation for stronger profitability and sustainability improvement

ICBC-CS ICBC Credit Suisse leveraged its full-service asset management platform to grow its businesses in a steadily upbeat momentum. The total AUM topped a record RMB 1 trillion

ICBC-Leasing ICBC Leasing funded the "Belt and Road" construction and international capacity

cooperation. Metrics ranked first among its peers

ICBCI As an licensed investment bank, ICBC International paced up transformation to lift

earnings amid sustainability pursuits

60% holding

80% holding

100% holding

100% holding

Diversification

THANK YOU

601398 SH | 1398 HK