POSTAL SAVINGS BANK of CHINA : NOTICE OF THE 2017 SECOND H SHAREHOLDERS’ CLASS MEETING 2017-09-12

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.

Postal Savings Bank of China Co., Ltd.

中 國 郵 政 儲 蓄 銀 行 股 份 有 限 公 司

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

(Stock Code: 1658) NOTICE OF THE 2017 SECOND H SHAREHOLDERS' CLASS MEETING This is to announce that Postal Savings Bank of China Co., Ltd. (the "Bank") decided to hold the second extraordinary general meeting of 2017, the second domestic shareholders' class meeting of 2017 and the second H shareholders' class meeting of 2017 (the "2017 Second H Shareholders' Class Meeting") in turn from 9:00 a.m. on October 27, 2017 (Friday) at Xi'an Ballroom I, 5/F, InterContinental Beijing Financial Street (No. 11 Financial Street, Xicheng District, Beijing, the PRC). The 2017 Second H Shareholders' Class Meeting will deal with the following matters: Special Resolutions

1. To consider and approve the plan for the A Share Offering;

2. To consider and approve the proposal on authorization to deal with matters relating to the A Share Offering;

3. To consider and approve the proposal on accumulated profit distribution plan before the A Share Offering;

4. To consider and approve the proposal on price stabilization plan of the A Shares within three years after the A Share Offering;

5. To consider and approve the proposal on undertakings regarding information disclosure in the prospectus published in connection with the A Share Offering; and

6. To consider and approve the proposal on dilution of immediate returns as a result of the A Share Offering and remedial measures.

By order of the Board of Directors

Postal Savings Bank of China Co., Ltd. Du Chunye

Joint Company Secretary

Beijing City, PRC September 12, 2017

As at the date of this notice, the Board comprises Mr. Li Guohua as Chairman and non-executive Director; Mr. Lyu Jiajin, Mr. Zhang Xuewen and Ms. Yao Hong as executive Directors; Mr. Han Wenbo, Mr. Tang Jian, Mr. Liu Yaogong and Mr. Chin Hung I David as non-executive Directors; Mr. Ma Weihua, Ms. Bi Zhonghua, Mr. Fu Tingmei and Mr. Gan Peizhong as independent non-executive Directors.

* Postal Savings Bank of China Co., Ltd. is not an authorized institution within the meaning of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorized to carry on banking and/or deposit-taking business in Hong Kong.

Notes:

1. According to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong, any vote of shareholders at a general meeting must be taken by poll except where the chairman, in good faith, decides to allow a resolution which relates purely to a procedural or administrative matter to be voted on by a show of hands. Therefore, all resolutions in the Notice of the 2017 Second H Shareholders' Class Meeting will be voted by ballot. After the 2017 Second H Shareholders' Class Meeting, relevant voting results will be published on the website of the Bank (www.psbc.com) as well as the website of Hong Kong Exchanges and Clearing Limited (www.hkexnews.hk).

2. A shareholder entitled to attend and vote at the 2017 Second H Shareholders' Class Meeting announced to be convened herein is entitled to appoint one or more proxies to attend and, in the event of a poll, vote in his stead. A proxy need not be a shareholder of the Bank.

3. The proxy forms together with notarized authorization letters of signatories or other authorization documents (if any) shall be invalid unless they are filled out and returned to the Bank's H Share Registrar, Computershare Hong Kong Investor Services Limited not less than 24 hours before the time designated for holding the 2017 Second H Shareholders' Class Meeting or any adjournment thereof (i.e. before 9:00 a.m. on Thursday, October 26, 2017). The address of Computershare Hong Kong Investor Services Limited is 17M Floor, Hopewell Center, 183 Queen's Road East, Wanchai, Hong Kong. Completion and return of the proxy forms will not preclude you from attending and voting in person at the 2017 Second H Shareholders' Class Meeting or any adjournment thereof if you so wish.

4. To determine the name list of H Shareholders entitled to attend the 2017 Second H Shareholders' Class Meeting, the Bank will suspend registration of transfer of H Shares from September 27, 2017 (Wednesday) to October 27, 2017 (Friday) (both days inclusive). To attend the 2017 Second H Shareholders' Class Meeting, H Shareholders shall, before 4:30 pm on September 26, 2017 (Tuesday), submit the shares and share transfer documents to the Bank's H Share Registrar, Computershare Hong Kong Investor Services Limited at Shops 1712-1716, 17/F, Hopewell Center, 183 Queen's Road East, Wanchai, Hong Kong.

5. For joint holders, only the one whose name stands first in the Register shall be entitled to attend the 2017 Second H Shareholders' Class Meeting and vote in respect thereof.

6. Shareholders who intend to attend the 2017 Second H Shareholders' Class Meeting in person or by proxy shall submit the reply slip for the 2017 Second H Shareholders' Class Meeting in person or by mail to the Bank's H Share Registrar, Computershare Hong Kong Investor Services Limited on or before October 7, 2017 (Saturday).

7. Shareholders or their proxies shall present their identity documents when attending the 2017 Second H Shareholders' Class Meeting:

8. Corporate shareholders' legal representatives attending the meeting shall present their personal identity cards, valid documents that can prove their identities as legal representatives and documents proving their shareholder identities; where legal representatives authorize others to attend the meeting, in addition to the aforesaid documents, the proxies shall also present their personal identity cards and the written authorization letters lawfully issued by the legal representatives (including authorizing others to sign). Where corporate shareholders authorize others to attend the meeting, the proxies shall present their personal identity cards, the authorization resolution of the board of directors, corporate shareholders or other decision-making bodies and documents proving shareholder identities.

9. Natural person shareholders attending the meeting in person shall present their personal identity cards and documents proving their shareholder identities; proxies attending the meeting shall present their personal identity cards, the authorization letters from the shareholders and documents proving the shareholder identities of the principals.

10. The 2017 Second H Shareholders' Class Meeting is expected to last for not more than half a day. Shareholders or their proxies attending the meeting shall be responsible for their own travelling and accommodation expenses.

11. The address of Computershare Hong Kong Investor Services Limited are 17M/F and Shops 1712-1716, 17/F, Hopewell Center, 183 Queen's Road East, Wanchai, Hong Kong.

12. The address of the Bank's Registered Office is No. 3 Financial Street, Xicheng District, Beijing, PRC. Tel.: [phone]

    Fax: [phone]

13. Unless otherwise specified, the dates and time contained in this notice are in Hong Kong time.