Presentation on SPDB

Statistics from Annual Report 2005

2

A Young Bank

1993Incorporation of SPDB with headquarter in Shanghai

1999

2003

IPO and became the first listed bank on Shanghai Securities Exchange

2004 -Organizational reform and formation of business lines

Strategic alliance with Citigroup in Credit Cards

3

Top Ten Shareholders

23%

77%

Shares Tradabl e onStock ExchangeUntradabl e Shares

Shanghai International Trust and Investment Co., Ltd.(7.01%)

Shanghai Industrial Investment (Holdings) Co., Ltd.(4.87%)

Shanghai State-Owned Assets Operation Co.(4.85%)

Shanghai International Group(4.73%) Citibank Overseas Investment Co.(4.62%) Shanghai Jiushi Corp.(4. 21%) Shenergy Co. Ltd.(1.92%) Oriental International Trade (Group) Co., Ltd.

(1.92%) Shanghai Guoxin Investment & Development

Co., Ltd. (1.62%) SIIC Development Co. Ltd. (1.57%)

4

Bohai Bay

Yangtze River Delta

Pearl River Delta

Midwest

Nationwide Coverage

350 banking Offices

cover 42 cities

27 main branches

5

Modern Organization

Board of Executives

Corporate & InvestmentBanking

Consumer Banking

Treasury & Markets

Risk Management Compliance Auditing

IT & Operation Human Resource Administration

Risk ManagementCommittee

Asset & Liability ManagementCommittee

Joint Marketing & PromotionCommittee

Front Office Marketing

Middle Office

Control

Back Office Supporting

6

Young Staff

Total Staff Number: 8828

above 35years ol d3074, 35%

under 35years ol d5754, 65%

Head Office Staff Number: 560others 20,

4%doctor/ masterdegree

171, 31%

col l eague/vocati onal

schoolgraduate107, 19%

banchl ordegree

262, 46%

Staff Age Education Background

7

Advanced Technology

We have a unified electronic data processing platform and centralized accounting data base

We provide different services channels including:

We have a call centre accommodating 300 seats and a national service hot line 95528

We are able to provide real time settlement for book transfer payments

We have centralized documentary processing, which enable us to offer more efficient and professional services to our clients

ATMOnline

Banking Telephone

Banking ERP Connection

Mobile Phone Banking

8

Continuous Innovation

We issued the first dual-currency credit card which introduced foreign

bank’s technology and management in China

We offered custodian account service for the first industry investment fund

in China

We became the first joint-stock commercial bank acting as agent for foreign

government loan offered to Ministry of Finance

We were among the first group of banks which acquired license for gold

trading and concluded the first gold leasing deal in China

We were among the first six commercial banks which were granted a license

of annuity management

We were one of only four domestic banks which offer off-shore banking

service

9

Stable Market Share

Market Share in terms of Assets

Others8%

Rural Credi tUni ts 10%

Ci ty Commer-ci al Banks5%

Pol i cy Banks8%

J oi nt StockCommerci alBanks 15%

State- ownedBanks54%

SPDB has approximately 10% market shares among all the 12 Joint Stock Commercial banks

10

We have over 200,000 corporate clients and over 4,000,000 personal clients, which include

Large Stated-Owned Enterprises Top 500 Multinationals

Broad Client Base

11

Steady Development

Billion RMB371

255322

12

456

311

395

14

573

377

506

16

Assets Loans Deposits Equity

2003

2004

2005

Figures in Billion RMB

12

Sound Performance

0. 8 1. 06 1. 29 1. 57 1. 93 2. 49

5. 71 6. 098. 16

12. 03

16. 76

21. 47

0

5

10

15

20

25

30

2000 2001 2002 2003 2004 2005

in b

illi

on R

MB

Operat i ngI ncomeNet Profi t

13

Results 2005

Operating Income

RMB21.5bn Up 28.0%

Pre-tax Profit RMB4.2bn Up 38.8%

Net Income RMB2.5bn Up 28.8%

Earning per Share

RMB0.635 Up 28.8%

Return on Equity

16.01% Up 12.0%

14

Diversified Portfolio

Loan Portfolioby Industry

Manuf acturing

29%

Consumer

Loans

15%Real Estate

10%

Commercial

14%

Logistic

6%

Others

26%

Loan Portfolioby Region

Shanghai18%

Beijing7%

Jiangsu17%

Zhejiang10%

Kangtong9%

OtherRegions

39%

15

Prudent Risk Control

NPL Ratio20042.45%

NPL Ratio20051.97%

ProvisioningCoverage

2005142%

ProvisioningCoverage

2004117%

16

Comparison with Domestic Peers

Bank NameCountry Rank

World Rank

Tier One Capital(M$)

Assets(M$)

Pre-tax Profit(M$)

ROE%

Cost/Income%

BIS%

NPL%

Bank of China 1 11 34,851 515,972 4,178 14.5 40.02 10.04 5.12

China Construction Bank

2 25 23,530 471,792 6,067 26.4 39.17 11.29 3.92

Industrial & Commercial Bank of China

3 32 20,170 685,135 354 1.7 41.98 Na 18.99

Agricultural Bank of China

4 37 16,670 422,151 820 5.0 65.80 Na Na

Bank of Communications

5 105 5,734 138,398 936 17.6 54.90 9.72 3.00

China Merchants Bank 6 198 2,428 72,829 606 26.3 48.71 9.55 2.87

CITIC Bank 7 200 2,376 62,203 112 5.1 40.00 6.05 5.96

Shanghai Pudong Development Bank

8 270 1,632 55,039 467 30.0 38.86 8.00 2.21

China Minsheng Bank 9 287 1,518 53,803 339 25.0 47.39 8.59 1.17

China Everbright Bank 10 295 1,435 47,655 98 6.6 53.11 4.65 9.34

Statistics from “Top 1000 World Banks Listing” by “the Bank” July 2005

17

Ranking, Rating & Awards

Rating Bank

Deposits

Financial Strength

Rating

Outlook

Ba1/NP D Stable

We rank No. 2

70 internationally

according to the

Banker Magazine

“Top 1000 World

Banks Ranking”

Awards of “25

Most Respectable

Listed Companies

in China”, “Best

10 Chinese Banks

for 2005”, “Best

10 Bank Cards”

by the World

Finance Lab

18

Client Groups Product Centers

Corporate andInstitutional Banking

SME

OffshoreBanking

Cash Management

Trade Finance

Investment Banking

Asset Custody

Annuity

Business Planning

Business Accounting

Supporting Div.

Corporate & Investment Banking

Restructuring Wholesale Banking

Corporate CreditRisk Management

Corporate Credit Risk Assessment

Asset Work Out

19

Abundant Products

Corporate Financial Service

s： Cash Management Solution

Supply Chain Finance Solution

Investment & Finance Full Solut

ion

Asset Custody Solution

Annuity Solution

Offshore Banking Solution

20

Sales & Promotion

Wealth Management

Credit Card

Cards & Deposits Consumer Loans & Mortgages

Electronic Channels

Risk Control

ConsumerBanking

Allocating more resources to retail business

21

New Brand for Personal Banking

22

Dynamic Development of Personal Banking

47B

70B

0 400 800

2004

2005Personal Deposit,up 49% 7M

10M

0 1000 2000

2004

2005Bank Card No., up41%

56B

49B

400 500 600

2004

2005Personal Loan, up15% 3M

4M

0 500

2004

2005 PersonalCustomer No., up24%

23

Five Year Strategy

BetterROE

ReasonableBusiness Structure

Effective Incentive Scheme

Modern Organization and Corporate Governance

Increase proportion of retail banking business against corporate banking business

Increase weight of fee income business against interest income business

24

Create More

Value for

Investor

Customer

Employee

Society

Long-Term Perspective

25

Earning Trust and Creating Excellence

To build SPDB into one of the best commercial banks