Ordinary Shares

Shareholding information

IPO of The Security: On June 1 2006, BOC (3988.HK) was listed on the Stock Exchange of Hong Kong. The initial public offering (IPO) had a total size of 29,403,878,000 shares with 2.95HKD per share. On July 5 2006, BOC welcomed the floatation of its stock (601988.SS) on the Shanghai Stock Exchange, the offering raised 6,493,506,000 shares with 3.08RMB per share. After the IPO, the bank��s total number of shares increased to 253,839,162,009 with aggregate amount of 253,839,162,009 RMB.��

Rights Issuance of The Security: With the approval of the CBRC and CSRC, the Bank offered A Rights Shares, on the basis of 1 A Rights Share for every 10 existing A Shares held and at the price of RMB2.36 per share, to all A-Share Holders whose names appeared on the register of members of the Bank, as maintained by China Securities Depository and Clearing Corporation Limited, Shanghai Branch, after the close of trading hours on SSE on the A Share Record Date, 2 November 2010. A total of 17,705,975,596 A Shares were subscribed and issued and RMB41,639,158,379.81 was raised in the offering. With the approval of domestic and overseas regulatory authorities, the Bank offered H Rights Shares, on the basis of 1 H Rights Share for every 10 existing H Shares held and at the price of HKD2.74 per share, to H-Share Holders whose names appeared on the register of H-Share Holders and who were not Excluded Shareholders of the Bank after the close of office hours on the H Share Record Date, 12 November 2010. A total of 7,602,025,126 shares were issued and RMB17,659,653,976.86 was raised in the offering.

Disclosure of Shareholding (Latest)

	H Share	A Share
Place of IPO��	HKEx	SSE
Time of IPO��	1 June 2006	5 July 2006
Stock Code��	3988	601988
Type of Stock��	Common Stock	Common Stock
Issued Shares��	83,622,276,395	210,765,514,846
Percentage of total shares	28.41%	71.59%
Par Value Per Share��	1.00	1.00
Price of Issuance��	2.95/2.83 (Take into account of Rights issuance)	3.08/2.98 (Take into account of Rights issuance)
Currency��	HKD	RMB
Unit��	1000 Shares	100 Shares

Shareholder Information

Please kindly refer to the Bank��s financial reports.

Dividend Policy

The Articles of Association of the Bank states that the Bank should maintain the continuity and stability of its profit distribution policy. It also clarifies the Bank's profit distribution principles, policy and adjustment procedures, the consideration process of the profit distribution plan and other matters. The Bank shall adopt cash dividend as the priority form of profit distribution. Except under special circumstances, the Bank shall adopt cash as the form of dividend distribution where there is profit in that year and the accumulated undistributed profit is positive, and that the cash distribution of the dividend shall not be less than 10% of the profit after tax attributable to the ordinary shareholders of the Bank. The Bank shall offer online voting to shareholders when considering amendments to profit distribution policy and profit distribution plan.
The procedure to formulate the aforementioned dividend distribution policy was compliant, transparent and complete. The criterion and ratio of the dividend are explicit and clear. The independent directors fully expressed their opinions and the legitimate rights and interests of minority shareholders were fully respected and protected. The procedure was in line with the provisions of the Articles of Association and other rules and regulations.

Dividend Distribution Information