OLYMPIC ENDORSEMENT TEAM CHOSEN

In July 2007, Bank of China Limited, the official banking partner of Beijing 2008 Olympic Games, signed a strategic endorsement agreement with the Chinese National Badminton Team. Head Coach Yongbo Yi and his athletes are endorsed as Bank of China Olympic Partner spokespersons. As the final countdown to the Beijing Olympic Games officially started on August 8, this will mark the beginning of a new era of Bank of China's commitment to support the Chinese sports development and national teams.

In China, badminton has been recognized as a national sport. For many years, Chinese badminton players have dominated major international tournaments including World Cup and Olympic games. To quote a few instances of their excellence in badminton, the Chinese Badminton Team is the only team who has won all 3 major badminton tournaments - Thomas Cup, Uber Cup and Sudirman Cup, and Chinese badminton players won 4 out of a total of 5 gold medals in 2000 Sydney Olympics. The undaunted character and daring effort of Chinese badminton athletes reflects the Olympic spirit of Swifter, Higher, Stronger, which also echoes Bank of China's effort in striving for prominence and innovation and pursuit of excellent service for its customers.

Bank of China was established in 1912. As the oldest Chinese bank, Bank of China has a worldwide network with business lines in commercial banking, investment banking and insurance. At the end of 2003, Bank of China was selected by the State Council to implement joint-stock reform as the first state-owned commercial bank. Later in 2006, Bank of China became a public company with shares listed on Hong Kong Stock Exchange and Shanghai Stock Exchange. For the last 16 years, the bank has been consecutively ranked among the FORTUNE World 500.

On July 14th, 2004, Bank of China won the bidding as the official banking partner of the Beijing 2008 Olympic Games. This status has helped the bank tremendously in closing in on international banking standards, promoting the bank's corporate culture and branding, and achieving future growth by well established market position.

Through strategic alliance with the Chinese National Badminton Team, Bank of China will take full advantage of the business opportunities opened up by the Olympic Games and play a key role in ensuing the Beijing 2008 Olympic Games a great success.