POSTAL SAVINGS BANK of CHINA : ANNOUNCEMENT ON POLL RESULTS OF THE ANNUAL GENERAL MEETING AND THE SHAREHOLDE... 2017-06-08

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) ANNOUNCEMENT ON POLL RESULTS OF THE ANNUAL GENERAL MEETING AND THE SHAREHOLDERS' CLASS MEETINGS

The board of directors (the "Board") of Postal Savings Bank of China Co., Ltd. (the "Bank") hereby announces that, the 2016 annual general meeting of the Bank (the "AGM"), the 2017 first domestic shareholders' class meeting of the Bank (the "2017 First Domestic Shareholders' Class Meeting") and the 2017 first H shareholders' class meeting of the Bank (the "2017 First H Shareholders' Class Meeting", together with the 2017 First Domestic Shareholders' Class Meeting, collectively referred to as the "Shareholders' Class Meetings") were held at Xi'an Ballroom, 5/F, InterContinental Beijing Financial Street (No. 11 Financial Street, Xicheng District, Beijing, the PRC) on June 8, 2017 (Thursday).

The AGM and the Shareholders' Class Meetings were convened by the Board and Mr. Li Guohua as the Chairman of the Bank served as the chairman of the AGM and the Shareholders' Class Meetings and chaired the meetings. The AGM and the Shareholders' Class Meetings were convened in accordance with the requirements of the relevant laws and regulations of the PRC and the Articles of Association, and the poll results are lawful and valid.

Computershare Hong Kong Investor Services Limited as the H Share registrar of the Bank was appointed as the vote counter of the AGM and the Shareholders' Class Meetings. Two Shareholder representatives, one Supervisor, Haiwen & Partners as the PRC counsel of the Bank and Computershare Hong Kong Investor Services Limited were appointed as the scrutineer for the vote- taking of the AGM and the Shareholders' Class Meetings.

Reference is made to the circular of the Bank dated April 24, 2017 (the "Circular"), which contains the details of the resolutions tabled before the AGM and the Shareholders' Class Meetings for Shareholders' consideration and approval.

Poll Results of AGM

A total of 81,030,574,000 Shares (including 61,174,407,000 Domestic Shares and 19,856,167,000 H Shares), representing 100% of the total issued Shares of the Bank as at the date of the AGM, were entitled to attend and vote on the resolutions proposed at the AGM. No Shareholders were required to abstain from voting or voting in favour of any of the resolutions proposed at the AGM. Shareholders and authorized proxies holding an aggregate of 77,088,827,391 Shares of the Bank, representing 95.135482% of the total issued Shares of the Bank, attended the AGM.

At the AGM, the following resolutions were considered and duly passed by way of poll.

Resolutions		For		Against		Abstain
		No. of Shares voted	Percentage (%)	No. of Shares voted	Percentage (%)	No. of Shares voted	Percentage (%)
As Ordinary Resolutions
1	The 2016 Work Report of the Board of Directors	77,088,813,391	99.999982	0	0.000000	14,000	0.000018
	The resolution was duly passed as an ordinary resolution.
2	The 2016 Work Report of the Board of Supervisors	77,088,813,391	99.999982	0	0.000000	14,000	0.000018
	The resolution was duly passed as an ordinary resolution.
3	The Final Financial Accounts for 2016	77,088,813,391	99.999982	0	0.000000	14,000	0.000018
	The resolution was duly passed as an ordinary resolution.
4	The profit distribution plan for 2016	77,088,285,391	99.999297	528,000	0.000685	14,000	0.000018
	The resolution was duly passed as an ordinary resolution.
5	The appointment of accounting firms for 2017	77,088,813,391	99.999982	0	0.000000	14,000	0.000018
	The resolution was duly passed as an ordinary resolution.
6	The election of Non-executive Directors
	(1) To elect Mr. Liu Yue as a Non- executive Director	77,071,179,391	99.977107	17,632,000	0.022872	16,000	0.000021
	(2) To elect Mr. Ding Xiangming as a Non-executive Director	77,071,179,391	99.977107	17,632,000	0.022872	16,000	0.000021
	Each of the resolutions was duly passed as an ordinary resolution.
7	To elect Mr. Hu Xiang as an Independent Non-executive Director	77,088,813,391	99.999982	0	0.000000	14,000	0.000018
	The resolution was duly passed as an ordinary resolution.
8	The proposed remuneration plan for new directors	77,088,813,391	99.999982	0	0.000000	14,000	0.000018
	The resolution was duly passed as an ordinary resolution.
9	To amend the Rules of Procedures of Shareholders' General Meetings	77,088,283,391	99.999294	528,000	0.000685	16,000	0.000021
	The resolution was duly passed as an ordinary resolution.

Resolutions		For		Against		Abstain
		No. of Shares voted	Percentage (%)	No. of Shares voted	Percentage (%)	No. of Shares voted	Percentage (%)
As Special Resolutions
10	Each of the following items of the non-public issuance of offshore preference shares:
	(1) Type of preference shares to be issued	77,088,283,391	99.999294	530,000	0.000688	14,000	0.000018
	(2) Number of preference shares to be issued and issue size	77,088,280,391	99.999290	533,000	0.000692	14,000	0.000018
	(3) Par value and issue price	77,088,283,391	99.999294	530,000	0.000688	14,000	0.000018
	(4) Maturity	77,088,280,391	99.999290	533,000	0.000692	14,000	0.000018
	(5) Method of issuance and target investors	77,088,283,391	99.999294	530,000	0.000688	14,000	0.000018
	(6) Lock-up period	77,088,280,391	99.999290	533,000	0.000692	14,000	0.000018
	(7) Dividend distribution terms	77,088,283,391	99.999294	530,000	0.000688	14,000	0.000018
	(8) Terms of mandatory conversion	77,088,280,391	99.999290	533,000	0.000692	14,000	0.000018
	(9) Terms of conditional redemption	77,088,283,391	99.999294	530,000	0.000688	14,000	0.000018
	(10) Restrictions on voting rights and terms of restoration of voting rights	77,088,283,391	99.999294	530,000	0.000688	14,000	0.000018
	(11) Order of distribution on liquidation and procedures for liquidation	77,088,283,391	99.999294	530,000	0.000688	14,000	0.000018
	(12) Rating arrangements	77,088,283,391	99.999294	530,000	0.000688	14,000	0.000018
	(13) Security	77,088,283,391	99.999294	530,000	0.000688	14,000	0.000018
	(14) Use of proceeds	77,088,283,391	99.999294	530,000	0.000688	14,000	0.000018
	(15) Listing/trading arrangements	77,088,283,391	99.999294	530,000	0.000688	14,000	0.000018
	(16) Validity period of the resolution for the issuance of offshore preference shares	77,088,283,391	99.999294	530,000	0.000688	14,000	0.000018
	(17) Matters relating to authorization: authorization to the board of directors of the Bank and its authorized persons to handle all matters relating to the issuance of offshore preference shares, which will remain valid during the 12 months following the passing of the resolution on authorization at the shareholders' general meeting	77,088,283,391	99.999294	530,000	0.000688	14,000	0.000018
	Each of the resolutions was duly passed as a special resolution.
11	To amend the articles of association of the Bank	77,088,283,391	99.999294	530,000	0.000688	14,000	0.000018
	The resolution was duly passed as a special resolution.

Appointment of Directors

The terms of appointment for Mr. Liu Yue, Mr. Ding Xiangming and Mr. Hu Xiang will commence from the date of approval of their respective qualifications by China Banking Regulatory Commission. Biographies of Mr. Liu Yue, Mr. Ding Xiangming and Mr. Hu Xiang are set out in the Circular.

The Profit Distribution Plan for 2016

The profit distribution plan for 2016 was considered and approved at the AGM. The Bank will distribute the dividends for 2016 on July 28, 2017 (Friday) according to the arrangements set out in the Circular.

Poll Results of 2017 First Domestic Shareholders' Class Meeting

A total of 61,174,407,000 Domestic Shares, representing 100% of the total issued Domestic Shares of the Bank as at the date of the 2017 First Domestic Shareholders' Class Meeting, were entitled to attend and vote on the resolutions proposed at the 2017 First Domestic Shareholders' Class Meeting. No Shareholders were required to abstain from voting or voting in favour of any of the resolutions proposed at the 2017 First Domestic Shareholders' Class Meeting. Shareholders and authorized proxies holding an aggregate of 60,307,057,000 Shares of the Bank, representing 98.582169% of the total issued Domestic Shares of the Bank, attended the 2017 First Domestic Shareholders' Class Meeting.

At the 2017 First Domestic Shareholders' Class Meeting, the following resolutions were considered and duly passed by way of poll.

For		Against		Abstain
Resolutions		No. of Shares voted	Percentage (%)	No. of Shares voted	Percentage (%)	No. of Shares voted	Percentage (%)
As Special Resolutions
Each of the following items of the non- public issuance of offshore preference shares:
(1)	Type of preference shares to be issued	60,307,057,000	100.000000	0	0.000000	0	0.000000
(2)	Number of preference shares to be issued and issue size	60,307,057,000	100.000000	0	0.000000	0	0.000000
(3)	Par value and issue price	60,307,057,000	100.000000	0	0.000000	0	0.000000
(4)	Maturity	60,307,057,000	100.000000	0	0.000000	0	0.000000
(5)	Method of issuance and target investors	60,307,057,000	100.000000	0	0.000000	0	0.000000
(6)	Lock-up period	60,307,057,000	100.000000	0	0.000000	0	0.000000
(7)	Dividend distribution terms	60,307,057,000	100.000000	0	0.000000	0	0.000000
(8)	Terms of mandatory conversion	60,307,057,000	100.000000	0	0.000000	0	0.000000
(9)	Terms of conditional redemption	60,307,057,000	100.000000	0	0.000000	0	0.000000