ICBC Publication of Drawdown Offering Circular

Industrial and Commercial Bank of China Limited, London Branch

Publication of Drawdown Offering Circular

29 July 2019

Industrial and Commercial Bank of China Limited, London Branch (the "Issuer") announces today that it has published a drawdown offering circular dated 29 July 2019 (the "Drawdown Offering Circular") in connection with the issuance of £600,000,000 1.500 per cent. Notes due 2022 (the "Notes") under its U.S.$10,000,000,000 Medium Term Note Programme.

The Notes are expected to be admitted to trading on the International Securities Market of the London Stock Exchange on 31 July 2019.

The Drawdown Offering Circular is available for viewing.

To view the Drawdown Offering Circular please paste the following URL into the address bar of your browser:

http://www.rns-pdf.londonstockexchange.com/rns/0282H_1-2019-7-29.pdf

Enquiries and Investor Relations

ICBC London BranchIqbal Nasim - Financial Institutions Group - 0207 398 9591

81 King William Street - London - EC4N 7BN

LEI: 5493002ERZU2K9PZDL40

Regulated Information Classification: Additional regulated information required to be disclosed under the laws of a Member State of the EU.

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in the Drawdown Offering Circular may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Drawdown Offering Circular) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Drawdown Offering Circular is not addressed. Prior to relying on the information contained in the Drawdown Offering Circular, you must ascertain from the Drawdown Offering Circular whether or not you are one of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.