Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited 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.

China CITIC Bank Corporation Limited

(A joint stock limited company incorporated in the People s Republic of China with limited liability)

(Stock Code: 998) ANNOUNCEMENT APPOINTMENT OF EXECUTIVE DIRECTOR AND NON- EXECUTIVE DIRECTORS Appointment of Executive Director

Dr. Zhu Xiaohuang ("Dr. Zhu") was elected as an executive director of China CITIC Bank Corporation Limited (the "Bank") at the second extraordinary general meeting of 2012 of the Bank held on 18 October 2012. The China Banking Regulatory Commission (the "CBRC") has approved the qualification of Dr. Zhu to serve as a director of the Bank. The board of directors of the Bank (the "Board") hereby announces that Dr. Zhu assumed office as an executive director of the Bank on 4 January 2013, which is the date when his qualification for office was approved by the CBRC.
In addition, in accordance with the resolution passed at the fifth meeting of the third session of Board on 29 November 2012, commencing from the date when Dr. Zhu assumed office as an executive director of the Bank, Dr. Zhu also started to serve as a member of the Strategic Development Committee and Risk Management Committee of the third session of the Board.
The biographical details of Dr. Zhu are set out as follows:
Dr. Zhu, aged 56, holds Chinese nationality and is currently a deputy general manager of CITIC Limited and the president of the Bank. From August 2012 to September 2012, Dr. Zhu was a deputy general manager of CITIC Limited. From February 2011 to August 2012, Dr. Zhu was an executive director and vice president of China Construction Bank Corporation ("CCB"). He worked at CCB as an executive director, vice president and the chief risk officer from July 2010 to February 2011. Dr. Zhu served as a vice president and the chief risk officer of CCB from June 2008 to July 2010. He was the chief risk officer of CCB from April 2006 to June 2008. From March 2006 to April 2006, he was the executive vice chairman of CCB's risk management and internal control committee. Dr. Zhu served as general manager of the corporate banking business department of CCB from October 2004 to March 2006. He was the president of Guangdong branch of CCB from May 2001 to October
2004. Dr. Zhu served consecutively as deputy director of administrative office, deputy

1

director of head office's No.1 credit department, deputy general manager of credit management department, vice president of Liaoning Branch, and general manager of banking department of CCB from September 1993 to May 2001. He served consecutively as a cadre, a vice section head and section head of the regulatory department of CCB's administrative office from February 1982 to September 1993.
Dr. Zhu is a senior economist, and a recipient of a special grant by PRC government. He obtained his bachelor's degree in infrastructure finance and credit from Hubei Finance and Economics College in 1982 and obtained an associate degree in economic law from Peking University in October 1985. He also obtained his doctorate degree in world economics from Sun Yat-Sen University in 2006.
The term of office of Dr. Zhu will be from 4 January 2013, the date of approval by the CBRC, to the expiry date of the term of office of the third session of the Board and Dr. Zhu can be re-appointed after expiry of his initial term of office.
Dr. Zhu will not receive director fee from the Bank during his term as an executive director of the Bank, however, he will receive remuneration from the Bank based on his position with the Bank, including basic salary, bonus, allowance, subsidy, employee welfare and insurance, housing fund and annuity. The Bank will enter into a director service contract with Dr. Zhu.
Dr. Zhu has confirmed that, save as disclosed above, (1) he does not hold any position with the Bank or any of its subsidiaries and has not been a director or supervisor in any other listed companies in the past three years; (2) he is not connected with any directors, supervisors, senior management or substantial or controlling shareholders of the Bank or any of its subsidiaries; and (3) he does not have any interest in any shares of the Bank within the meaning of Part XV of the Securities and Futures Ordinance of Hong Kong as at the date of this announcement.
In addition, Dr. Zhu has confirmed that there is no other information in respect of his appointment that is discloseable pursuant to Rules13.51 (2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited; and there is no other matter that needs to be brought to the attention of the shareholders of the Bank.

Appointment of Non-executive Directors

Mr. Zhang Xiaowei ("Mr. Zhang") and Mr. Gonzalo Toraño Vallina ("Mr. Toraño") were elected as non-executive directors of the Bank at the second extraordinary general meeting of
2012 of the Bank held on 18 October 2012. The CBRC has approved the qualifications of Mr. Zhang and Mr. Toraño to serve as directors of the Bank. The Board hereby announces that Mr.
Zhang and Mr. Toraño assumed office as non-executive directors of the Bank on 4 January
2013, which is the date when their qualifications for office were approved by the CBRC.
In addition, in accordance with the resolutions passed at the fifth meeting of the third session of Board on 29 November 2012, commencing from the date when Mr. Toraño assumed office as a non-executive director of the Bank, Mr. Toraño also started to serve as a member of the Strategic Development Committee and the Audit and Related Party Transactions Control Committee, as well as a member and the Chairman of the Risk Management Committee under the third session of the Board. The resignation of Dr. Chen Xiaoxian as the chairman of the

2

Risk Management Committee under the third session of the Board, and the resignation of Mr. José Andrés Barreiro Hernandez as a non-executive director of the Bank and a member of the Audit and Related Party Transactions Control Committee and the Strategic Development Committee of the Board became effective on the same date.
The biographical details of Mr. Zhang are set out as follows:
Mr. Zhang, aged 55, holds Chinese nationality and is currently a director and the chief executive officer of CITIC Bank International Limited in Hong Kong. Prior to joining CITIC Bank International Limited, Mr. Zhang was an executive director and the general manager of Wing Lung Bank Limited from January 2012 to September 2012. From 2002 to 2011, Mr. Zhang served as the president of China Merchants Bank Hong Kong branch. From 2000 to
2002, he worked at the Hong Kong representative office of China Merchants Bank as the chief representative, during which period he led the preparation work for the establishment of China Merchants Bank Hong Kong branch. From 1995 to 2000, Mr. Zhang worked at Bank of Communications Hong Kong branch and served as a vice president. From 1991 to 1995, Mr. Zhang worked at Bank of Communications Hainan branch and served as the head of the international business department and a vice president. From 1984 to 1991, he worked in different departments at the headquarter of Agricultural Bank of China including the planning department, the economic restructuring office and the international business department, and served consecutively as a clerk, a vice section head and the section head. Mr. Zhang has 28 years' experience in the banking industry in both mainland China and Hong Kong.
Mr. Zhang received a master degree in monetary banking from the Graduate School of the
People's Bank of China.
The biographical details of Mr. Toraño are set out as follows:
Mr. Toraño, aged 51, holds Spanish nationality and is the managing director & head of Asia Pacific of Banco Bilbao Vizcaya Argentaria S.A. ("BBVA"). He is also a non-executive director and a member of the audit committee of CITIC International Financial Holdings Limited, a non-executive director, a member of the audit committee and a member of the credit and risk management committee of CITIC Bank International Limited. From September 2010 to March 2011, Mr. Toraño was head of BBVA's retail banking Asia at Hong Kong. From August 2007 to August 2010, he was head of BBVA's consumer finance as well as chairman of BBVA Finanzia, chairman of UNO-e Bank, chairman of BBVA Finanziamento and chairman of Finanzia SpA Italia. From 2002 to 2007, Mr. Toraño was managing director of BBVA corporate development. From 1999 to 2002, he was managing director of corporate finance of BBVA. From 1996 to 1999, he was chief executive officer at Banco de Negocios Argentaria, S.A. From 1993 to 1996, Mr. Toraño was Investment Banking Responsible in Argentaria. Mr. Toraño, on behalf of BBVA, was board director at various entities (BBVA CHILE, Miquel y Costas, Laparanza, Correduría Técnica Aseguradora, Somisal, Paceco, and Inmobiliaria Torava). During his tenure as managing director of BBVA's corporate development department, Mr.Toraño led and was directly involved in all of the acquisitions and disposals as well as the strategy cooperation agreement of BBVA in banking area from 2003 to 2007, including over 30 projects with an accumulated amount of over €20 billion. Prior to joining BBVA, Mr. Toraño worked in Price Waterhouse (1983-1986), Lloyds Bank (1986-1987) and Banco Hispanoamericano (1987-1993), and later at Banco Central Hispano.

3

Mr. Toraño graduated from the Complutense University of Madrid, majoring in economic sciences and business, and he also obtained his Master of Business Administration degree from Instituto de Empresa Business School.
The term of office of each of Mr. Zhang and Mr. Toraño will be from 4 January 2013, the date of approval by CBRC, to the expiry date of the term of office of the third session of the Board and both Mr. Zhang and Mr. Toraño can be re-appointed after expiry of their respective initial term of office.
Neither Mr. Zhang nor Mr. Toraño will receive any salary or director fee from the Bank during their respective term as a non-executive director of the Bank. The Bank will enter into a director service contract with each of Mr. Zhang and Mr. Toraño.
Each of Mr. Zhang and Mr. Toraño has confirmed that, save as disclosed above, (1) he does not hold any position with the Bank or any of its subsidiaries and has not been a director or supervisor in any other listed companies in the past three years; (2) he is not connected with any directors, supervisors, senior management or substantial or controlling shareholders of the Bank or any of its subsidiaries; and (3) he does not have any interest in any shares of the Bank within the meaning of Part XV of the Securities and Futures Ordinance of Hong Kong as at the date of this announcement.
In addition, each of Mr. Zhang and Mr. Toraño has confirmed that there is no other information in respect of his appointment that is discloseable pursuant to Rules 13.51 (2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited; and there is no other matter that needs to be brought to the attention of the shareholders of the Bank.
The Board would like to take this opportunity to welcome Dr. Zhu to serve as an executive director of the Bank, and to welcome Mr. Zhang and Mr. Toraño to serve as non-executive directors of the Bank. The Board would also like to take this opportunity to express its sincere gratitude to Dr. Chen Xiaoxian for his valuable contributions to the Bank during his tenure as the chairman of the Risk Management Committee under the third session of Board and Mr. José Andrés Barreiro Hernandez for his valuable contributions to the Bank during his tenure as a non-executive director of the Bank.
By order of the Board of

China CITIC Bank Corporation Limited Tian Guoli

Chairman

Beijing, the PRC
8 January 2013

As at the date of this announcement, the executive directors of the Bank are Dr. Zhu Xiaohuang and Dr. Cao Tong; the non-executive directors are Mr. Tian Guoli, Dr. Chen Xiaoxian, Mr. Dou Jianzhong, Mr. Ju Weimin, Mr. Guo Ketong, Mr. Zhang Xiaowei, Mr. Ángel Cano Fernández and Mr. Gonzalo Toraño Vallina; and the

4

independent non-executive directors are Mr. Li Zheping, Dr. Xing Tiancai, Ms. Liu Shulan, Ms. Wu Xiaoqing

and M r. Wong Luen Cheung Andrew.

5

distributed by