Agricultural Bank of China : Issue of U.S.$300,000,000 3.875 per cent. Fixed Rate Notes 2021 and U.S.$500,000,000 Floating Rate Notes due 2021 of Inventive Global Investments Limited 2018-09-19

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.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities.

This announcement is not for distribution, directly or indirectly, in or into the United States. This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities referred to herein will not be registered under the United States Securities Act of 1933, as amended (the " Securities Act ") and may not be offered or sold in the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the Securities Act) except pursuant to an exemption from, or a transaction not subject to, the registration requirements of the Securities Act. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the company making the offer and its management and financial statements. No public offer of securities referred to herein is being or will be made in the United States.

AGRICULTURAL BANK OF CHINA LIMITED ʕ਷ุ༵ვБٰ΅Ϟࠢʮ̡

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

(Stock Code: 1288)

INVENTIVE GLOBAL INVESTMENTS LIMITED

(incorporated in the British Virgin Islands with limited liability)

(the "Issuer")

U.S.$300,000,000 3.875 per cent. Fixed Rate Notes due 2021

(Stock Code: 5168) (the "Fixed Rate Notes")

U.S.$500,000,000 Floating Rate Notes due 2021 (Stock Code: 5169)(the "Floating Rate Notes", together with the Fixed Rate Notes, the "Notes")

Issued under U.S.$3,500,000,000 Guaranteed Medium Term

Note Programme

Unconditionally and irrevocably guaranteed by

AGRICULTURAL BANK OF CHINA LIMITED

HONG KONG BRANCH

Joint Global Coordinators, Joint Lead Managers and Joint Bookrunners

ABC International Agricultural Bank of China Limited

Hong Kong Branch

Joint Lead Managers and Joint Bookrunners

Agricultural Bank of	Bank of China	Bank of	China Everbright Bank
China Singapore	Communications	Hong Kong Branch
Branch
China	China Minsheng	CTBC Bank	ICBC
International	Banking Corp., Ltd.,	(Hong Kong Branch)	International
Capital Corporation	Hong Kong Branch
ICBC (Asia)	Kaiser Financial	Standard Chartered	Shanghai Pudong
Group	Bank	Development Bank
Hong Kong Branch

Shenwan Hongyuan Securities (H.K.) LimitedZhongtai International

Application has been made to The Stock Exchange of Hong Kong Limited for the listing of and permission to deal in the Notes by way of debt issues to professional investors (as defined in Chapter 37 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and in the Securities and Futures Ordinance (Cap. 571) of Hong Kong) as described in the offering circular dated 11 September 2018 and the pricing supplement dated 12 September 2018. The listing of the Notes is expected to become effective on 20 September 2018.

Hong Kong, 19 September 2018

As at the date of this announcement, the directors of Inventive Global Investments Limited are YANG Rao Rao, PENG Ching, WU Liyun and LIU Kit Yee.

As at the date of this announcement, the executive directors of Agricultural Bank of China Limited are Mr. ZHOU Mubing, Mr. ZHAO Huan, Mr. WANG Wei and Ms. GUO Ningning; the non-executive directors are Mr. XU Jiandong, Mr. CHEN Jianbo, Mr. HU Xiaohui, Mr. LIAO Luming and Mr. LI Qiyun; and the independent non-executive directors are Mr. WEN Tiejun, Mr. Francis YUEN Tin-fan, Ms. XIAO Xing, Mr. WANG Xinxin and Mr. HUANG Zhenzhong.