Notice on the First Extraordinary General Meeting of Shareholders in 2010 of China Guangfa Bank Co., Ltd. ("CGB")

To whom it may concern,

In accordance with Company Law and Articles of Association of CGB, the Board of Directors of CGB (hereafter as the Board) decides to convene the First Extraordinary General Meeting of Shareholders in 2010 of CGB on April 8, 2010 (Thursday) in Guangzhou. Details are as follows:

1.        Basic Information:

(1)       Convener: the 5th Board of CGB

(2)       Time: 9:30am April 8, 2010

(3)       Venue: 5/F Conference room, CGB Tower, No. 83, Road Nong Lin Xia, Guangzhou

2.        Issues to be Reviewed and Approved

(1)       Proposal on 2010-2012 Capital Management Plan of China Guangfa Bank Co., Ltd.

(2)       Proposal on the 2010 Additional Share Issuance

(3)       Proposal on Change in Registered Capital of CGB and the Articles of Association in the Additional Share Issuance

(4)       Proposal on Obtaining Authority from the Shareholder Meeting to Authorize the Board of Directors to Carry out the Additional Share Issuance

(5)       Proposal on Electing Mr. Anthony P Della Pietra Jr to the Fifth Board of Directors of China Guangfa Bank Co.,Ltd.

(6)       Proposal on Electing Mr. James Morrow to the Fifth Board of Directors of China Guangfa Bank Co.,Ltd.

3.        Attendees

(1)       Shareholders who legally hold the shares of CGB and whose names have been registered in the CGBs register of members or their proxies;

(2)       Directors, Supervisors, Senior Managers of CGB

(3)       Lawyers engaged to render opinion letter and Regulatory Authority and Representatives from Regulatory Authority invited by the Board.

All shareholders are entitled to attend the general meeting and they may appoint proxies to attend the meetings and vote on their behalf.

4.        Confirmation to present and primary intention for shares subscription

Shareholders are required to sign Notice Receipt (see appendix 1) to confirm the attendance of General Shareholders Meeting and the primary intention for shares subscription and send back to the office of BOD of CGB (30/F, CGB Tower, No. 83, Road Nong Lin Xia, Guangzhou) by fax, mailing or in person before April 1, 2010.

5.        Register Manner

(1)       When sign-in, the non-individual shareholders legal representatives (or the principal person in charge as provided by law) attending the general meeting in person shall present their own ID Card and evidence supporting their status (see appendix 2), as well as proof of shareholding.

(2)       The proxy attending the meeting shall present their own ID Card, legal representatives (or the principal person in charge as provided by law) status evidence (see appendix 2), written proxy authorization instrument (see appendix 3) and proof of shareholding.

(3)       Register Time; 8:30-9:20 am, April 8, 2010

(4)       Register Venue: 5/F Conference room, CGB Tower, No. 83, Nonglinxia Road, Guangzhou, China

6.        Other Matters

(1)       Attendees shall make their own arrangements for transportation, meal, accommodation and so on.

(2)       No gift and meeting allowance to attending shareholders, so as to protect other shareholders interests.

(3)       Contact:

Contact staffs: Mr. Cao Huafeng, Ms. Wang Zhicong, Mr. Huang Qiang

Tel: 86 20-3832-2703, 3832-2663, 3832-2946

Fax: 86 20-8731-1722

Mail to: The Board Office Rm.3008, CGB Tower, No. 83, Road Nong Lin Xia, Guangzhou

P.C.: 510 080

Hereby notified!

Appendices

1.        Notice Receipt

2.        Legal Representative(or the principal person in charge as provided by law) Status Evidence

3.        Power of Attorney

Board of Directors of CGB

March 24, 2010