Date of announcement 2015/03/23
Time of announcement 22:04:55

Date of events 2015/03/23
To which item it meets paragraph 10

Statement
1.Date of occurrence of the event:2015/03/23
2.Counterparty to the contract or commitment:
Upon the completion of the fund registration, the
counterparty of this transaction is CDIB CAPITAL
FUNDS PARTNERS L.P. (tentative name, hereinafter
“FUNDS PARTNERS”).
3.Relationship to the Company:Not a related party.
4.Starting and ending dates (or rescission date) of the
contract or commitment:The date of execution of the
SPA is to be determined after the completion of the
fund registration.
5.Major content (not applicable where rescinded):
The disposal of 22 non-core private equity funds was
approved by the board of the Bank and other relevant
subsidiaries on March 23, 2015. The rationale behind
the approximate transaction amount, USD 198.3 million
negotiated among the buyers is based on the net asset
value (“NAV”) of 22 non-core private equity funds
subject to certain adjustment from the market. The
approximate amount of anticipated profit is USD 15.7
million, not including earn-out payment and upside
sharing.
6.Restrictive covenants (not applicable where rescinded):
None.
7.Effect on company finances and business (not applicable where rescinded):
The approximate amount of anticipated profit is
USD 15.7 million, not including earn-out payment
and upside sharing.
8.Concrete purpose/objective (not applicable where rescinded):
In line with the CDF’s strategy to transform the Bank
from a proprietary capital investor into a best-in-class
regional asset manager.
9.Any other matters that need to be specified:
None.